Business Specialties

Ivanhoé JV Joins Goldman, Greystar in 27 M-F Properties

Ivanhoé Cambridge has made its largest multi-family investment, joining a partnership of Goldman, Sachs & Co. and Greystar in the $1.5 billion acquisition of 8,010 multi-family units from Equity Residential.

Decade-Long M-U Development in Inland China Completes 13th Phase

A decade-long development effort by Sunac Real Estate was recently commemorated during a ceremony organized by the developer.

GlaxoSmithKline Sets Up Shop in New 208 KSF Home in Philly’s Navy Yard

A mere 18 months after Liberty Property Trust and Synterra Partners broke ground on GlaxoSmithKline’s new 208,000-square-foot office building, located in the Navy Yard Corporate Center at the Philadelphia Navy Yard, the pharmaceutical giant has settled into its new digs.

AG-Metropolitan JV Sells BJ’s, LA Fitness Condo Units on Long Island for $66M

Entities controlled by The Hampshire Companies have purchased a BJ’s Wholesale Club and LA Fitness condominium units at Garden City Square in New York for nearly $66.3 million from AG-Metropolitan 711 Stewart Avenue, a joint venture of Metropolitan Realty Associates and Angelo, Gordon & Co.

Union Bank to Acquire PB Capital’s $3.7B CRE Portfolio/Platform

Union Bank N.A. has reached an agreement to acquire the $3.7 billion institutional CRE lending portfolio and platform of PB Capital Corp.

Interserve, Tiger Developments JV to Build $300M M-U Project in Edinburgh

Britain’s Interserve Plc has signed a joint venture deal with Scottish landowner Tiger Developments to construct and invest in the Haymarket area of Edinburgh.

Jamestown Acquires Retail/Office Portfolio in Downtown San Luis Obispo, Calif.

Jamestown has acquired more than 200,000 square feet of retail and office space in downtown San Luis Obispo, Calif., from Copeland Properties.