Business Specialties
Ashkenazy Unveils Faneuil Hall Makeover Plan
Ashkenazy Acquisition Corp. has filed plans with the city of Boston for a bold transformation of Faneuil Hall Marketplace, one of the nation’s premier retail properties.
INTERNATIONAL: W.P. Carey Completes Sale-Leaseback with Nokia in Poland
In a sale-leaseback deal with Nokia Solutions and Networks, W.P. Carey Inc. has acquired an office/R&D facility in Poland on behalf of one of its non-traded REIT affiliates.
Zero Energy Buildings to Become Big Business in Future
Navigant Research predicts the market’s annual global revenue will skyrocket to $1.4 trillion in 2035.
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.