Corporate Real Estate
CBRE Goes Shopping in Midwest for Retail Help
CBRE Group Inc. acquired Sitehawk Retail Real Estate, one of the leading retail real estate services firms in the Midwest, to boost its offerings in the sector.
Colliers International Expands in Atlanta
Colliers International Group Inc. announced today the acquisition of Colliers International Atlanta in an attempt to strengthen their ongoing commitment to the southeast market.
Macerich Closes First of Three Giant Joint Ventures
The Macerich Co. has closed on a previously announced joint venture with GIC, in which the regional mall REIT contributed a 40 percent interest in four properties.
13-Building Apartment Sale is Bronx’s Biggest in 2015
Continental Properties and affiliates of J.P. Morgan Asset Management have sold a 13-building multifamily portfolio in the Bronx for $90 million.
New Time Inc. HQ Invades Lower Manhattan
Time Inc. has begun moving into its new headquarters at 225 Liberty St., in New York City, transitioning away from the historic Time & Life Building.
KeyCorp Grows Banking Portfolio in $4.1B Transaction
KeyCorp will acquire First Niagara in a cash and stock transaction valued at approximately $4.1 billion, making the parent of KeyBank the 13th largest bank in the U.S.
MGM Resorts Forms New REIT With 10 Properties
MGM Resorts International announced that it will create a controlled REIT, to be named MGM Growth Properties LLC, or MGP, with ten of its well-known properties.
Kennedy Wilson Enters Italy with Major Acquisition
Kennedy Wilson Europe has made its first foray into the Italian real estate market with the purchase of a portfolio of nine office buildings fully leased to the Italian government.
Federal Capital Partners Grabs Sizeable Northern Virginia Office Asset
Federal Capital Partners acquired One Dulles Tower, a 400,000-square-foot headquarters building, in Herndon, Va., for $84 million.
C&W: Economy Still Driving Growth in Office, Industrial Markets
The U.S. industrial market is the hottest commercial real estate sector, with third-quarter vacancy at cyclical lows and rent growth the strongest it has been in 15 years.