Corporate Real Estate
Thor Equities Launches Life Sciences Platform
The company announced the new division, Thor Sciences, as well as the acquisition of a New Jersey life sciences campus for $152 million.
Aviation Company Expands HQ at South Florida Business Park
International Aircraft Associates added more than 22,000 square feet to its current space at Miramar Park of Commerce, the 5 million-square-foot business complex in Broward County.
Solar Power’s Top 10 Corporate Customers
Surprises as well as familiar names mark the annual ranking by the Solar Energy Industries Association.
Using Tenant Experience to Court Investors: Part I
Capital flows to commercial real estate will be impacted by the industry’s ability to respond to demographic shifts and its willingness to adopt new technologies, say Deloitte’s Steven Bandolik and Jim Berry.
With $4B Buy of IPT, Prologis Bulks Up in Key Markets
The all-cash transaction, which includes 37.5 million square feet of assets in 24 markets, will likely close in the fourth quarter.
Tishman Speyer Launches Life Sciences Platform
In a partnership with Bellco Capital, the company formed Breakthrough Properties, which will acquire, develop and operate life science properties around the world.
Sprint Closes Sale of 4 MSF Campus
Occidental Management, the new owner, cinched a sale-leaseback deal for Sprint’s 190-acre spread in Overland Park, Kan. The telecom company’s merger with T-Mobile is widely believed to be imminent.
Allianz, VGP Form $1.9B European Logistics JV
Through the new investment vehicle, the partners will focus on premier facilities developed by VGP in Austria, Italy, the Netherlands, Portugal, Romania and Spain.
JLL Closes on $1.8B Acquisition of HFF
The cash-and-stock deal between the two firms was first announced back in March. HFF’s shareholders approved the deal on Monday.
Hines Throws Hat Into Coworking Ring
The firm is the latest big name to enter the field and will introduce its platform at office properties in two markets.