Deals
Legg Mason Completes Acquisition of Clarion Partners
The Baltimore-based company paid a reported $577 million to acquire a majority stake in the New York-based real estate investment firm.
Chicago Sets Strict Timeline for New Owner of Old Post Office
Developer 601W Cos. has until June 1 to complete the acquisition of the iconic Windy City building.
George Smith Partners Arranges Financing Measure for Upcoming TOD in Hollywood
George Smith Partners arranged a $30 million bridge loan for a site that encompasses a multifamily development and an existing office building.
Marcus & Millichap Facilitates Sale of 1,023-Unit Self-Storage Facility in Denver
Marcus & Millichap has arranged the disposition of a newly-built Class A self-storage property in Aurora, Colo.
German Fund Buys Another Boston Waterfront Asset
Union Investment Real Estate GmbH forked out $452 million to acquire a Class A office asset in the Seaport District from Skanska USA.
Normandy Real Estate Reports Purchase of D.C.’s National Press Building
The iconic building in the East End sold to Normandy Real Estate Partners for $155 million.
Wheeler Real Estate Acquires 14 Grocery-Anchored Retail Centers for $71M
The 14 grocery-anchored assets, consisting of 603,142 leasable square feet, add to Wheeler’s growing retail portfolio.
CBRE Miami Arranges Nearly $61M Refi for Brickell City Tower
The 33-story, 288,314 square-foot Brickell City Tower gets a $60.8 million loan for upgrades and refurbishing.
Baceline Goes Shopping in St. Louis
Baceline Investment LLC recently expanded its retail portfolio with the acquisition of a neighborhood shopping center in St. Louis.
Jefferson Apartment Group Acquires Community in Booming D.C. Suburb
Somerset Park Drive, a six-building, 108-unit multifamily community bought by JAG, offers quick access to high density office clusters around North Virginia.