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$1.1B Sale of Las Vegas Strip Retail Center Closes
A joint venture between Simon Property Group and Invesco Real Estate shelled out roughly $1.1 billion to acquire a luxury retail asset on the Las Vegas Strip.
Third Trump Property to Open in India
The Trump Organization is teaming up with IREO and Foster + Partners to develop a luxury office tower in Gurgaon, India.
Hollywood Hospital Plans $200M Expansion
The $200 million expansion of the CHA Hollywood Presbyterian Medical Center will include the development of a new emergency department.
Apple-Apple Merger to Stay Focused on Select-Service Hotels
The $1.3 billion merger will create a combined portfolio comprising 234 Hilton and Marriott hotels.
Monsanto Planning $975M Manufacturing Complex Expansion
The agrochemical and agricultural biotechnology corporation is investing big bucks into its Luling, La., manufacturing plant.
BioMed Gives Bristol-Myers Keys to Bay Area Campus
Bristol-Myers Squibb has signed a new 62,000-square-foot lease at BioMed Realty’s Woodside Technology Park.
Cornerstone Comes Through for Blackstone in a Big Way
Cornerstone Real Estate Advisers originated a $335 million loan to fund Blackstone’s acquisition of four Club Quarters hotels across the U.S.
Legg Mason Completes Acquisition of Clarion Partners
The Baltimore-based company paid a reported $577 million to acquire a majority stake in the New York-based real estate investment firm.
Chicago Sets Strict Timeline for New Owner of Old Post Office
Developer 601W Cos. has until June 1 to complete the acquisition of the iconic Windy City building.
German Fund Buys Another Boston Waterfront Asset
Union Investment Real Estate GmbH forked out $452 million to acquire a Class A office asset in the Seaport District from Skanska USA.