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Niche Operators Change the Face of US Coworking
Companies that manage one or two flexible workspace locations account for half of the market’s total supply.
GIC, RPT Realty Forge $244M Retail Venture
Singapore’s sovereign wealth fund paid $118.3 million for a stake in five open-air shopping centers.
SREIT Buys $320M Industrial Portfolio
The Starwood Capital Group-managed company purchased a 95 percent stake in a collection of Midwest assets from Becknell Industrial.
Truist Financial Buys Charlotte HQ from Cousins for $456M
A BB&T and SunTrust venture—now Truist Financial—exercised its option to purchase the nearly 1 million-square-foot office property.
Kennedy Wilson Buys UK Office Campus
The company and an equity partner paid $179 million for The Heights, a 25-acre office campus with five buildings in London’s Weybridge submarket.
JV Scores Largest Construction Loan in Fort Lauderdale History
Madison Realty Capital provided $210 million for the development of Broward County’s first five-star project.
Amazon Doubles Down on NYC’s Hudson Yards
The e-commerce titan’s lease underscores Manhattan’s rise as a tech hub as well as the emerging appeal of the Far West Side neighborhood.
$66M Hotel Opens at National WWII Museum in New Orleans
The Higgins Hotel New Orleans is the first lodging destination in Louisiana to operate under Hilton’s upper-upscale Curio Collection brand.
Law Firm Inks Lease at 3 World Trade Center
Cozen O’Connor, one of the nation’s largest law firms, signed a 77,000-square-foot lease at the office property.
Prologis Increases Development Capacity in China to $3.5B
The logistics real estate leader is boosting its presence in China in a series of major moves.