Featured
All Aboard! How South FL’s New Rail Line is Driving Development
The nation’s first new private rail service in a century starts early next year, and investment is on a roll. Greater Fort Lauderdale Alliance CEO Bob Swindell talks with CPE about the impact of Brightline.
Citimark Snags 332KSF Tampa Industrial Portfolio
HFF arranged the acquisition financing for the two-campus infill portfolio comprising Pioneer Industrial Park and Sunstate Industrial Park through JP Morgan Asset Management.
Morning Calm Closes Suburban DC Office Value-Add Deal
The nearly 300,000-square-foot park is less than half occupied, but its immediate environs look to be on the verge of a boom.
Unibail-Rodamco to Acquire Westfield in $16B Deal
Expected to close in the second quarter of 2018, the transaction would create a global company with a gross market value of $72.2 billion and 104 assets in many of the world’s most attractive retail markets.
L&L Signs Shiseido to 226 KSF in New York City
The cosmetics firm will relocate its Manhattan headquarters to 390 Madison Ave., a 900,000-square-foot redevelopment project the real estate investment firm is undertaking in a partnership with Clarion Partners LLC, on behalf of the New York State Common Retirement Fund.
CH2M Center Lands Hefty Recapitalization
The 10-story office tower offers a mix of traditional and creative space, with views of downtown Portland. The building is 87 percent leased to nine tenants.
Endurance JV Acquires PA Industrial Portfolio
Endurance Real Estate Group LLC and Thackeray Partners team on the purchase of Penn Warner Industrial Park, located in Fairless Hills, expanding industrial holdings in Pennsylvania.
Iron Mountain Forges U.S. Expansion with $1.3B Deal
With the IO Data Centers deal, Iron Mountain will acquire the land and buildings of four data centers in Phoenix and Scottsdale, Ariz.; Edison, N.J.; and Columbus, Ohio.
1 MSF Chicago-Area Office Complex Sells for $78M
Partners Long Wharf Capital and Hamilton Partners sold the two-building campus consisting of One Pierce Place and 500 Park Blvd. in Itasca, Ill., to a joint venture involving Balfour Pacific Real Estate Fund IV and Hamilton Partners.
Kennedy Wilson Refinances $334M of Irish Properties
Euro-subsidiary completes refinances of seven assets, including office, retail and multifamily properties in the capital city of Dublin. The deal follows this fall’s merger between Kennedy Wilson Holdings and Kennedy Wilson Europe Real Estate.