Business Specialties
CalSTRS JV Pays $51M for Seattle Office Asset
The 1980-built property last traded in 2018, when owner-occupier Econet sold the building for $21.5 million.
RMR Completes Revamp of DC Medical Property
The company partnered with SmithGroup Architecture and DAVIS Construction for the $26 million redevelopment project.
CIM Group Debuts Gallery Tower in Las Vegas
The project marks the first ground-up hotel to be built in the downtown area in more than 10 years.
Starwood Pays $62M for Nashville Airport Warehouses
MetLife provided $35 million in acquisition financing for the six-building industrial portfolio.
Aligned Closes $1B Credit Facility—With Green Strings Attached
The terms of the facility are pegged to the data center provider’s performance on sustainability metrics.
JV Buys New Jersey Office Portfolio for $158M
The acquisition totals 1.5 million square feet across nine buildings in Parsippany and one in Madison.
Crestline Tapped to Manage Hyatt Hotels in Phoenix
The dual-branded hospitality property on the Arizona State University campus comprises a total of 259 keys.
Lineage Logistics Raises $1.6B for Cold Storage Growth
An array of investors including Oxford Properties Group is banking on rising demand for food distribution.
Iron Mountain Sells Seattle Warehouse for $45M
The 276,330-square-foot facility previously traded in 2001, when Equity Industrial Partners sold it for $11 million.
Berkeley Partners Lands $32M for Denver Warehouse
Nuveen Real Estate provided the seven-year, fixed-rate loan for a 411,485-square-foot industrial property.