Business Specialties
TruAmerica Buys M-F Portfolio in Colorado, Washington for $229M
TruAmerica Multifamily continues building its West Coast apartment holdings with the $229 million acquisition of a 1,514-unit portfolio in Colorado and Washington from Berkshire Group.
INTERNATIONAL: Leyou Chain Store, SF Express Lease 441 KSF at Goodman Landport Logistics Estate in China
The Goodman Group has signed leases with two tenants at Landport Logistics Estate: Leyou Chain Store which will occupy 247,570 square feet and SF Express, which signed up for a total of 193,750 square feet in Tianjin, China.
Transwestern to Manage KBS’ 490 KSF of Office Buildings in Metro Seattle
KBS has tapped Transwestern to manage two of its Class A office buildings, at 10800 and 10900 N.E. 8th St. in Bellevue, Wash. CBD.
Northwood Ravin Breaks Ground on 400-Unit Apartment Property in Huntersville, NC
Responding to the continued call for multi-family accommodations in metropolitan Charlotte, N.C., Northwood Ravin has broken ground on the Apartments at Holly Crest, a 400-unit luxury rental community in Huntersville, N.C.
INTERNATIONAL: Blackstone’s LogiCor to Acquire 18 Logistics Properties in Europe for $375M
In an approximately $375 million deal, Blackstone’s industrial arm LogiCor has agreed to expand its portfolio with the acquisition of 18 logistics facilities in eight European countries.
Charleston Market Shows Improvement with Fruit of the Loom Distribution Center Doubling in Size
The industrial market in South Carolina’s Charleston region is showing positive signs of growth and a plan by Fruit of the Loom to expand its Summerville, S.C., distribution center is one big example of the trend.
TA Associates Buys M-F Portfolio in Metro Phoenix for $75M
Two apartment complexes in metro Phoenix have been purchased by TA Associates for a total of $75 million.
Hugh Kelly: Today’s Site Selection Criteria
Counselors of Real Estate 2014 Chair Hugh Kelly outlines corporations’ new site selection priorities during NAREE’s 48th annual conference in Houston.
Hugh Kelly: Key Issues from the CRE Top 10
Counselors of Real Estate 2014 Chair Hugh Kelly discusses some poignant considerations for real estate that are part of the annual top 10 list, presented at NAREE’s 48th annual conference, which took place in Houston in June.
Executive Spotlight: Josh Champion, Carroll Organization
Since joining the Carroll Organization three years ago, Josh Champion has dived headfirst into the task of growing its multi-family investment portfolio, now valued at more than $1 billion.