Corporate Real Estate
Ranieri Acquires Occom Capital, Establishes Two Services Groups
Bolstered by its recent acquisition of Occom Capital Partners, a boutique real estate investment banking and advisory firm, Ranieri Real Estate Partners has established two new advisory services groups: Ranieri Real Estate Advisors and Ranieri Situs Solutions.
Cornerstone Picks up $53M Office in Denver's LoDo
Cornerstone Real Estate Advisers has just make a nice pickup in the Rockies with the purchase of 1899 Wyncoop, a 165,727-square-foot office buiding in Denver’s LoDo submarket, for a reported $56 million.
Colonial Properties Sells Tennessee Retail Center for $132M
Colonial Properties Trust, along with its joint venture partner, has sold Colonial Pinnacle Turkey Creek in Nashville to an institutional pension fund advisor in a transaction valued at $131.8 million.
Compatriot Capital Acquires Half of Apartment Firm Village Green
Compatriot Capital has just taken a 50 percent ownership stake in Village Green and plans to invest $50 million of equity to develop $250 million worth of apartment assets in the next two to three years.
GE Capital Launches $535M Investment in European Office Properties
Despite the European markets being as unsteady as — if not more unsteady than — domestic markets, GE Capital Real Estate is making a big bet on quality office assets in England, France and Germany with $535 million (400 million euro) secured from third-party sources.
Blackstone’s Jonathan Gray Tops CPE Awards as Executive of the Year
Jonathan Gray took away top honors in this year’s CPE Executive of the Year awards, leading an impressive line-up of smart executives that have managed to thrive in the face of historic economic volatility.
Impactful Women
Five remarkable women were awarded CREW Network’s 2011 Impact Awards. CPE offers videotaped insights and written profiles of these pioneers, negotiators and mediators — specializing in development, service and finance.
Lincoln-Champion JV Grabs Dallas’ Energy Square
In the city’s largest transaction this year, a joint venture of Champion Partners and Lincoln Property Co. has grabbed the 953,622-square-foot, three-building Energy Square office complex in Dallas.
Exclusive: JLL Expands into South America with Bogota Office
Jones Lang LaSalle is opening a new office in Bogota, Colombia, to serve as the base of its operations in the Northern Cone, CPE has learned exclusively.
Exclusive: Industrial Vacancies Set to Decline Through 2015, Cushman Report Shows
In an exclusive interview with CPE, commercial real estate services firm Cushman & Wakefield sees industrial vacancy rates dropping “considerably” over the next five years, going as low as 6.6 percent by 2015.