Corporate Real Estate
Self-Storage Operator Adds to Portfolio
StorageMart has acquired self-storage facilities in three states, adding 57,381 square feet of storage space and 2,690 units to the company’s portfolio.
First Potomac Starts Selling its Suburban Portfolio
First Potomac Realty Trust sold off three Virginia office and business park properties after announcing earlier this year that it planned to sell at least $200 million in assets.
NJ Finishes 2015 with Strong Office Leasing
Bolstered by a strong fourth quarter, office leasing in New Jersey hit its highest annual total in a decade, according to Cushman & Wakefield.
SF Office Development Changes Hands
Phase 3 Real Estate Partners has acquired Centennial Towers, a Class A office development, from Myers Development.
CBRE Makes a Move in Memphis
CBRE | Memphis has assimilated into the CBRE family, becoming one with the global firm.
Rockpoint Reels In Red-Roofed Gem
Rockpoint Group has acquired 99 Summer St., a Boston office tower crowned in red granite.
Gencom, Gemstone Buy Beantown Boutique Hotel
Gencom and Gemstone Hotels & Resorts have purchased the Ames Boston Hotel in downtown Boston’s Government Center.
Fried Frank Executes 3 Transactions in 2 Days
Fried Frank has been busy with three major deals closed within two days, including the sale of Stuyvesant Town-Peter Cooper Village in Manhattan to The Blackstone Group and Ivanhoé Cambridge for $5.3 billion.
Colliers Acquires Portland Firm
Colliers International has acquired the brokerage operations of NAI Norris, Beggs & Simpson, pushing it to become the market leader in Portland.
NY Life Real Estate Investors Busy on Both Coasts
New York Life Real Estate Investors showed off two sides of its expertise on the same day, with an acquisition in California and the origination of a mortgage for a Virginia complex.