Deals

McDonald’s HQ Trades for $413M

Sterling Bay and JPMorgan’s sale of the Fulton Market asset marks the largest deal to close in Chicago this year.

Bridge Point 78. Image courtesy of Bridge Development Partners

PGIM Continues Buying Spree With $275M Deal

The company acquired a recently completed 2.2 million-square-foot industrial portfolio in New Jersey.

LDK Ventures Acquires 350 KSF Boise Warehouse

PCCP LLC provided a $19.4 million financing package for the acquisition, remodeling and lease-up of the vacant facility.

Transwestern to Relocate Atlanta Office to AFC Buckhead

The 17,000-square-foot lease spans two floors, with the move expected to be finalized in March 2021.

$100M Bid Wins Trophy Hotel in Beverly Hills

EOS Investors prevailed in the competition for the Viceroy L’Ermitage, which had been seized by the federal government because of the previous owner’s involvement in a money-laundering scheme.

TPG Buys Northeast Nashville Industrial Property

The 133,186-square-foot asset, built between 1982 and 1998, last changed hands in early 2019.

Hamid Moghadam

Blackstone, Prologis Complete $618M UK Logistics Deal

The private equity giant acquired 4.3 million square feet of industrial buildings, along with land for development, from the world’s largest industrial REIT.

Transamerica Pyramid Center. Image courtesy of SHVO

SHVO Closes on $650M Transamerica Pyramid Buy

The acquisition of the iconic San Francisco property marks the country’s largest single-asset transaction since the onset of the pandemic.

Gaming and Leisure Properties to Buy 2 Casinos for $484M

The three-party deal will involve the purchases of both an Indiana casino from Caesars Entertainment and a Delaware casino from Twin River Worldwide Holdings, with both properties to be leased to Twin River.

Victory Commerce Center

Behind Investcorp’s $280M Portfolio Acquisition

A newly constructed fulfillment center leased by Amazon in a Cleveland suburb was among the 32 assets the company purchased in four major U.S. markets.