Barbra Murray
Proptech Continues to Ride High
The industry’s upward trajectory is expected to persist even if an economic downturn takes hold, according to MetaProp’s new mid-year global confidence index.
Washington REIT Sells $485M Retail Portfolio
First Washington Realty acquired the 800,000-square-foot group of five grocery-anchored shopping centers in high-income neighborhoods of the Washington, D.C., area.
1031 Investor Chases Retail Yield in the Inland Empire
CBRE orchestrated a complex deal that resulted in its client’s purchase of Menifee Town Center and The Barn at Wildomar from separate sellers and the disposition of a Hollywood property.
Coworking Firm Takes Full Floor at $1.5B Dallas Mixed-Use
Venture X preleased 30,000 square feet at Offices at The Realm, the first commercial building at Bright Realty’s The Realm at Castle Hills development in Lewisville, Texas.
Miami Tower Changes Hands in $126M Deal
A RREEF Property Trust fund sold 800 Brickell after almost five years of ownership. The office asset also includes 30,800 square feet of retail and an adjacent nine-story parking facility.
Centuria to Buy $89M Australian Office Gem, Start New Fund
The Sydney-based investment manager will acquire 80 Flinders St., a 130,800-square-foot property in Adelaide, from a Lendlease Australian affiliate and use the transaction to launch a new fund.
Compass Datacenters to Invest $3B in Multi-State Expansion
The company will develop campuses across the U.S. in a growth plan bolstered by additional commitments from current investors and capital from a new partner.
Lendlease to Lead Google’s $15B San Francisco Bay Project
The Australian developer will spearhead the transformation of the tech trailblazer’s land holdings into three live-work-play communities. The properties will include office space, hotel accommodations, retail options and thousands of homes.
Hospitality Sector Sees Sustainability as Key to Success
According to a new report by the Urban Land Institute, introducing green programs and features at hotels not only adds value to properties, it provides a competitive edge.
With $4B Buy of IPT, Prologis Bulks Up in Key Markets
The all-cash transaction, which includes 37.5 million square feet of assets in 24 markets, will likely close in the fourth quarter.