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The June Digital Issue of CPE Is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.
Brennan Investment Group JV Buys 1.3 MSF Chicago Warehouse
The real estate firm and a client of Arch Street Capital Advisors purchased the fully leased property through the $300 million USIPA – Brennan Ventures II LLC investment vehicle.
Bass Pro Shops Sells 11 Cabela’s Locations for $324M
B+E brokered the sale-leaseback deal, which is believed to be the largest commercial real estate transaction sold through a digital platform.
Transwestern to Manage Sumitomo’s $800M Portfolio
The firm will handle property management for more than 3.1 million square feet of Class A office properties in five metros, the entirety of Sumitomo Corp.’s U.S. holdings.
Invesco to Anchor 606 KSF Upcoming Atlanta Development
The firm will nearly double its presence in the metro, adding 500 jobs across nearly half of MetLife’s Class A mixed-use project.
Self Storage Rents Continue Slow Decline
A new wave of completed projects and oversupplied markets put pressure on rents, which have dropped 1.7 percent on a national level.
Greenfield Partners Sells 297 KSF Baltimore Office Portfolio
Newmark Knight Frank worked on behalf of the company to secure North Park Ventures as a buyer for the three-building North Park complex in Cockeysville, Md.
Beacon Capital Makes $600M Sale-Leaseback Deal
An affiliate will buy the San Francisco headquarters of Zynga, the online gaming company, which will then lease about one-quarter of the Class A property.
NYC Asset Lands $900M Refinancing
Stellar Management secured the financing for One Soho Square, a Class A office and retail asset in Manhattan the company purchased in 2012.
Easterly Government Properties Buys FBI’s New Orleans Office
The 137,679-square-foot building, which houses the government agency’s field office in New Orleans, was built for the FBI 20 years ago.