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Longfellow Stretches Footprint With $205M Bay Area Buy
The investor’s latest deal increases its holdings to 4.7 million square feet nationwide. KBS, the seller, continues its streak of high-octane dispositions.
Washington REIT Sells $485M Retail Portfolio
First Washington Realty acquired the 800,000-square-foot group of five grocery-anchored shopping centers in high-income neighborhoods of the Washington, D.C., area.
KBS Sells Raleigh Office High-Rise
The Class A asset last traded in 2013, when a joint venture that also included Kane Realty Corp. shelled out $98.4 million.
Spectrum Breaks Ground on 577 KSF Charlotte Project
In partnership with Invesco Real Estate, the company began construction on a 5-acre, mixed-use development that includes offices, retail and a hotel.
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Kilroy Realty Signs 1st Lease for Bay Area Life Science Campus
Cytokinetics is the first tenant of the in-progress $600 million project. The biopharmaceutical company will occupy 235,000 square feet at Kilroy Oyster Point starting in September 2021.
1031 Investor Chases Retail Yield in the Inland Empire
CBRE orchestrated a complex deal that resulted in its client’s purchase of Menifee Town Center and The Barn at Wildomar from separate sellers and the disposition of a Hollywood property.
Landes Group Refinances 26 CVS Stores Valued at $48M
Located in 11 states across the U.S., the assets total 312,000 square feet. Chemical Bank advised the buyer and developer of single-tenant retail assets.
Colony Capital’s Barrack to Step Back After $325M Merger
The firm has acquired Digital Bridge Holdings, whose CEO, Marc Ganzi, will succeed Colony’s high-profile founder. The deal is poised to create a $60 billion global asset manager.
Amazon Leases 270 KSF Office in Northern Virginia
The e-commerce giant will occupy an entire building owned by Griffin Capital Essential Asset REIT in Herndon, Va., 21 miles west of its planned HQ2 campus.