Featured
Google Unveils New London HQ in King’s Cross Redevelopment
Tech giant Google has marked the real estate market during the past years with high-profile leases and property acquisitions in cities like New York, London and Dublin, always putting its creative, alternative stamp on the office space it took over.
Griffin-American Expands Internationally with $448M Acquisition
Griffin-American Healthcare REIT II has made its first international acquisition, picking up a 44-facility portfolio of seniors housing and care facilities in the United Kingdom for approximately $448 million.
Hines, CalPERS Take Stake in 2.2 MSF Russian Retail Asset
The Hines CalPERS Russia Long Term Hold Fund, a joint venture between real estate company Hines and pension fund CalPERS, has become the co-owner of a prime piece of retail in Moscow with the purchase of an interest in the Metropolis Shopping and Entertainment Mall from Morgan Stanley Real Estate Investing.
Woods Acquires 1.4 MSF Thanksgiving Tower in Dallas
A partnership led by Dallas-based Woods Capital Management acquired the Thanksgiving Tower, a 50-story office building, from Berkadia.
Chevron to Build 1.7 MSF Houston High-Rise
With no end in sight to its growing staff, Chevron U.S.A. Inc. will add more than a little bit of elbowroom to its downtown Houston offices through the addition of a 1.7 million-square-foot tower.
Fortress to Fund M-U Development on 2-Acre Burlington Waterfront Land in Ontario
Mady’s latest mixed-use development project, sitting on 1.68 acres of prime waterfront land on the shores of Burlington city, has landed a financing agreement. Fortress Real Developments executives have agreed to provide funding for the project.
$326M Perth Office Building Eyed by Investors
The Perth office market in Australia is getting hotter by the moment. Following Brookfield’s announcement to develop Brookfield Place Tower 2, Perth’s CBD is setting up for another significant deal.
Yardi Buys Pierce-Eislen
Officials of Yardi and Pierce-Eislen say their merger fits in with both companies’ plans for growth in the real estate market research and software solutions businesses.
USGBC’s LEED v4 Passes Ballot, to Launch in Fall
In another win for the environment, the U.S. Green Building Council has voted to adopt LEED v4, an improved update to the world’s most visible green building rating system.
ARC NYRR to Buy Office Building in Midtown Manhattan from SL Green for $220M
American Realty Capital New York Recovery REIT has agreed to acquire the office building at 333 W. 34th St. in Midtown Manhattan from SL Green Realty for $220 million, exclusive of closing costs.