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CBRE Acquires San Antonio Firm
REATA Real Estate’s 45 employees will be joining the company’s team of approximately 400 agents and staffers in the San Antonio division.
CoreSite Boosts Borrowing Capacity to $1.2B
The multi-lender arrangement extends the data center REIT’s debt maturity profile and expands its credit facility.
Coworking’s Rapid Growth Set to Be Tested
The industry is evolving, with new business models emerging, such as property owners creating their own shared space studios, according to Yardi Matrix’s Paul Fiorilla.
Elliott Bay Capital Trust Sells Dialysis Portfolio for $143M
A REIT has acquired the collection of 50 health-care properties across 22 states.
Phoenix Property Investors Closes $1.2B Fund
The private equity group closed its third Asian real estate fund at a level significantly exceeding its $900 million target.
Rockefeller Group JV Wraps $60M Sale of New Jersey Asset
SHI International, an IT solutions provider, is the new owner of a building at Rockefeller Group Logistics Center in Piscataway, N.J.
Innovo Property Group Closes $438M Recap in Queens
The firm brought in a Hong Kong-based equity partner for a 830,000-square-foot mixed-use asset.
DSC Procures $138M Loan for Maryland Portfolio
Citizens Commercial Banking served as the lead-left bank and administrative agent for the transaction.
GIC Becomes Sole Owner of 415 KSF Beijing Office Asset
The global investment firm acquired the remaining 50 percent interest in the 42-story building.
PwC-Anchored Office Tower Opens in Downtown St. Louis
Developed by The Cordish Cos. and the St. Louis Cardinals, the 11-story building is the first property to open within the second-phase expansion of Ballpark Village.