Business Specialties
Rexford Industrial Realty Pays $103M for 5 Properties
The purchases of four single-tenant buildings and an outdoor storage facility closed on New Year’s Eve, just in time to bring the company’s total 2020 acquisitions to $1.2 billion.
Brookfield Property Partners Could Go Private in $5.9B Bid
Brookfield Asset Management intends to buy the remaining units of its real estate subsidiary.
Lincoln Equities Pockets $75M for Long Island Industrial Asset
The Home Depot fully occupies the distribution warehouse in Hicksville, N.Y.
Blackstone Takes Space for Miami Tech Team
Shorenstein’s 2 MiamiCentral is now 98 percent leased.
Newmark Brokers Sale of Ohio MHC
The 153-site Madison Estates Mobile Home Park is less than a mile from Lake Erie.
Americold Realty Trust Closes $1.7B Acquisition
The purchase adds 46 facilities to the REIT’s global footprint of temperature-controlled warehouses.
InSite Property Group Pays $47M for Portland Storage Portfolio
Goldman Sachs originated a $200 million line of credit for the company’s current purchase and future acquisitions.
Manhattan’s $1.6B Moynihan Train Hall Finally Debuts
The highly anticipated project will add 255,000 square feet to New York City’s Penn Station, increasing its total concourse space by 50 percent.
Southwestern Health Resources Inks 150 KSF Lease in Texas
The transaction is one of the largest office leases signed in the Dallas-Fort Worth region this year.
Paramount Exits DC Area With $103M Sale
The Pennsylvania Avenue office property traded for $12 million less than initially announced.