Business Specialties
CoreSite Boosts Borrowing Capacity to $1.2B
The multi-lender arrangement extends the data center REIT’s debt maturity profile and expands its credit facility.
McDonald’s Signs VPPAs for 380MW of Wind, Solar
Combined, these first two VPPAs will meet the electricity needs of more than 2,500 restaurants.
ENGIE’s Largest Solar Project Breaks Ground in Texas
Long Draw will consist of more than 800,000 solar panels with 204 Greenpower inverters and is anticipated to come online in the summer of 2020.
SoCal Investor Expands Footprint With 224 KSF Buy
The seller worked with Avison Young to arrange two noteworthy leases before the sale.
Elliott Bay Capital Trust Sells Dialysis Portfolio for $143M
A REIT has acquired the collection of 50 health-care properties across 22 states.
Phoenix Property Investors Closes $1.2B Fund
The private equity group closed its third Asian real estate fund at a level significantly exceeding its $900 million target.
Rockefeller Group JV Wraps $60M Sale of New Jersey Asset
SHI International, an IT solutions provider, is the new owner of a building at Rockefeller Group Logistics Center in Piscataway, N.J.
Gerding Edlen Pays $132M for Historic Portland Asset
The 1928-built, 265,000-square-foot city center property changed hands for the first time in more than 25 years.
Denholtz Properties Expands Florida Footprint
The firm secured $20.6 million in financing from BankUnited for the acquisition of Deerfield Corporate Park.
Innovo Property Group Closes $438M Recap in Queens
The firm brought in a Hong Kong-based equity partner for a 830,000-square-foot mixed-use asset.