Business Specialties
Lincoln Property Sells 3-Building Office Asset in Orange County for $94M
Nearly three years after acquiring One Pacific Plaza through a receivership sale, Lincoln Property Co. and GEM Realty Capital have sold the three-building, Class A, Orange County office property to Prudential Real Estate Investors for $94 million.
Hudson News Distributors Sells 475 KSF HQ in North Bergen, NJ
Print media giant Hudson News Distributors has sold its long-time 23-acre headquarters in North Bergen, N.J., to Bergen Logistics, and leased a new space in Parsippany, N.J.
Carlyle Group to Acquire Majority Stake in Talent Partners
The Carlyle Group has entered into an agreement to acquire a majority interest in Talent Partners, a talent payroll, production support services and rights management solutions provider to the advertising industry.
ARC to Sell Multi-Tenant Shopping Center Portfolio to Blackstone
Looking to pay the bill for the Red Lobster sale-leaseback deal, American Realty Capital Properties said it intends to sell most of its multi-tenant shopping center portfolio to a Blackstone fund for $2 billion in cash.
International: Salvo to Develop $259M M-F Tower in Melbourne
Salvo Property Group, a leading Australian development company focused on building affordable luxury properties, has appointed Brookfield Multiplex to design and construct Platinum Tower, a $259 million multi-family tower in Melbourne.
Michelin Inks 1.7 MSF Lease at RidgePort Logistics Center in Chicago Area
Tire-manufacturing giant Michelin has entered into a build-to-suit agreement under which it will lease 1.7 million square feet of distribution space at the RidgePort Logistics Center in Wilmington, Ill.
Executive Spotlight: John Hammill, Capview Partners
John Hammill and partner Ken Shulman set their sights on becoming the leading investment and consulting firm focused strictly on single-tenant net lease properties. The result was Capview Partners. Hammill talks about opportunities in the space.
RECon Special Report: Top Executives Offer Retail Insights at Annual Marcus & Millichap Event
A diverse lineup of executives created a snapshot of a resurgent retail real estate sector at the annual panel discussion hosted in Las Vegas by Marcus & Millichap.
International: Prologis to Develop 3 New Logistics Facilities in Japan
Leading owner, operator and developer of industrial real estate Prologis is set to build three new inventory logistics facilities in the Tokyo area.