Barbra Murray
Columbia Property Trust Sells 700 KSF Atlanta Campus for $228M
The disposition is part of the company’s strategy of exiting a non-core market to focus on New York City, San Francisco and Washington, D.C.
Industrial CRE Yield Compression Continues Globally
In a new study of 63 markets around the world, CBRE finds that 47 of them experienced a year-over-year decline in logistics real estate yields in 2018.
Landmark Indiana Plant Closes $260M Financing
Brightmark Energy’s facility in Ashley, Ind., will hold the distinction of being the first plastics-to-fuel plant in the U.S.
New York Life REI Provides $915M for Industrial Portfolios
Singapore-based Mapletree Investments’ 17.2 million-square-foot collection of assets, consisting of 100 buildings across the U.S., served as collateral for the fixed-rate financing.
Sterling Organization Sells FL Shopping Center for $38M
The company sold Pembroke Place, a 158,800-square-foot, grocery-anchored property in metropolitan Fort Lauderdale, to Longpoint Realty. A CBRE team acted on behalf of the seller.
Flag Luxury Lands Equity Partner for $508M NYC Project
EB5 Capital made a $125 million investment in the 250-key Ritz-Carlton development, which is currently under construction in Manhattan’s NoMad area.
VICI, Hard Rock to Acquire Ohio Casino for $745M
The companies will purchase the real estate and operating assets of the JACK Cincinnati Casino from JACK Entertainment in separate all-cash transactions.
Decennial Group CRE Venture Launches With $1B Goal
Farpoint Development, Clayco and CRG are behind the investment and development platform, which will focus on projects in designated Opportunity Zones across the U.S. heartland.
Harbor Buys Suburban L.A. Office Park for $48M
The 213,500-square-foot Encino Office Park in Encino takes the company one step closer toward its goal of acquiring $250 million in suburban Southern California properties over the next 12 months.
Europe’s Coworking Sector Continues to Blossom
Cushman & Wakefield’s latest Hotspot Index examines 40 European cities in its forecast of where the flexible workspace trend will next take hold.