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Parmenter Realty Sells Buckhead Tower in Atlanta
A new owner has emerged for the 348,000-square-foot Class A property. HFF brokered the transaction, representing the seller and arranging acquisition financing for the buyer through MetLife Real Estate.
GLP Closes $4B in European Funds
The platform encompasses a 17 million-square-foot operational portfolio and a 16 million-square-foot development pipeline in the UK, France, Germany and the Netherlands.
Ivanhoé Cambridge Plans $450M Industrial Project in Inland Empire
The company has purchased 150 acres for the construction of Colony Commerce Center, a 3 million-square-foot Class A complex to be developed by CapRock Partners.
HSA, Clarion Partners Break Ground on 758 KSF Chicago Warehouse
The partners will develop the state-of-the-art facility in Shorewood, Ill., at the Heartland Corporate Center along the I-55 corridor, where demand for industrial space remains strong.
Bershon Realty Sells Orange County Shopping Center
Hanley Investment Group has arranged the disposition of Hunter Court, a 127,360-square-foot retail property in Lake Forest, Calif., anchored by a CVS pharmacy and Ross Dress For Less.
Shea Properties Kicks Off 500 KSF Industrial Project in Orange County
Comprising nine buildings on the 25-acre former ITT campus in Santa Ana, Calif., the development will provide the local market’s first new industrial product in a dozen years.
Public Storage Buys 360 KSF Minneapolis Portfolio
In a deal facilitated by JLL Capital Markets, Pegasus Group sold six properties totaling 3,243 units, with an average occupancy of nearly 90 percent.
Trammell Crow JV to Construct DFW Building for Federal Agency
The facility will be leased for 20 years as a U.S. Citizenship and Immigration Services center, consolidating three previous locations.
MetLife, State Street Team Up in $2B Co-Lending Deal
The multi-year partnership marks State Street’s debut in CRE financing. The co-lending program will be targeting a variety of product types nationwide, including office, industrial, multifamily, retail and hospitality assets.
CBRE Announces Reorganization, Executive Promotions
The new structure will consist of operations around a trio of global businesses aimed at advancing the company’s strategy, while enabling the organization to operate as efficiently as possible.