Business Specialties
INTERNATIONAL: Prologis Adds 2.5 MSF in Eastern Europe
Prologis recently considerably expanded its portfolio with a number of acquisitions carried out in the Czech Republic, Poland and Slovakia.
Office Properties in San Francisco Sell for Over $700M
San Francisco’s office investment market continues to sizzle, with two more high-profile sales closing.
Metro Washington Data Center Goes to JV in $188M deal
Affiliates of Digital Realty Trust and Griffin Capital Essential Asset REIT embark on a joint venture to acquire a data center in Virginia.
Crocker Partners Purchases 1.4 MSF Flagler Office/Industrial Portfolio
Crocker Partners has just doubled the size of its portfolio in Jacksonville, Fla.
INTERNATIONAL: Starwood to Bring Third W Hotel to Thailand by 2018
W Hotels Worldwide recently announced plans to debut W Retreat Phuket – Phang Nga Bay in southern Thailand.
American Realty Capital NYC REIT Grabs 59 KSF Commercial Condo
American Realty Capital New York City REIT Inc. has just acquired the 58,800-square-foot Laurel Commercial Condominiums at 400 E 67th St. on Manhattan’s Upper East Side.
IRT Acquires Memphis, Raleigh Apartment Communities
In two separate deals, Independence Realty Trust Inc. has acquired The Walnut Hill Apartments in Memphis and Lenoxplace at Garner Station Apartments in Raleigh.
Ramco-Gershenson Plans Expansion of Newly Acquired Colorado Shopping Center
Ramco-Gershenson Properties Trust is planning to add about 100,000 square feet of retail to Front Range Village, an 810,000-square-foot shopping center in Fort Collins, Colo., it acquired this week for $128.3 million.
Related Beal Launches 343 KSF Congress Square Project in Boston
Eight months after announcing its acquisition of The Block on Congress, Related Beal has launched the transformation of the 343,000-square-foot space into the mixed-use Congress Square.
ARC Healthcare II Grabs 12-Asset Seniors Housing Portfolio
American Realty Capital Healthcare Trust II Inc. has made one of its largest purchases since its first buy in May 2013.