Keith Loria
MetLife, Panattoni JV to Develop 900 KSF of Industrial Parks in Seattle Area
MetLife is partnering with Panattoni Development to build three new industrial distribution parks in the Seattle area for $63 million.
ASB Merges Two Leading Data Centers to Form National Data Center Operator
ASB Real Estate Investments has formed Infomart Data Centers, a national data center operator that rises out of a merger between Dallas Infomart and Fortune Data Centers.
Carey Watermark Investors Buys Florida Resort & Spa
Carey Watermark Investors has acquired the Sawgrass Marriott Golf Resort & Spa, a 511-unit resort in Ponte Vedra Beach, Fla., from an affiliate of Goldman Sachs and Petra Capital Management.
Anbang Acquires Waldorf Astoria NY for $1.95B
Anbang Insurance Group Co. has acquired the historic Waldorf Astoria New York from Hilton Worldwide Holdings for $1.95 billion, although the U.S.-based hotel chain will continue to operate the property for the next century.
C&W Inks Deal with Microsoft for Manhattan Flagship Store
The Microsoft Corp. has agreed to sign a lease for a flagship store at 677 Fifth Ave. in Manhattan, occupying the entire ground through fourth floors and a portion of the lower level of the building.
Cominar Acquires $1.2B CRE Portfolio from Ivanhoé Cambridge
Cominar Real Estate Investment Trust has acquired a real estate portfolio of 14 properties in Québec and Ontario from Ivanhoé Cambridge Inc. for $1.2 billion.
Cornerstone Grabs 368-Unit M-F Community in Stamford, Conn.
Cornerstone Apartments Property Owner has acquired Cornerstone at Bedford, a 13-story apartment community in Stamford, Conn., for $75 million from Fairfield Bedford.
The 10 Most Expensive Commercial Real Estate Cities
Transwestern research finds that the East and West Coast cities continue to outperform the rest of the U.S. when it comes to commercial real estate investment, although investors are starting to move inland.
John Hancock Buys Office Tower in Chicago’s CBD
John Hancock Real Estate has acquired 55 W. Monroe, an 804,214-square-foot Class A office building located in Chicago’s Central Business District’s Central Loop.
Coldwell Banker Unveils New e-Marketing Platform
Coldwell Banker Real Estate has selected Imprev to create the brand’s new mobile eMarketing platform as part of the new Coldwell Banker 360 suite of products.