Investment
Select Income, Cole Corporate Income Trust to Merge in $3.1B Deal
The list of 2014’s REIT M&As continues to grow with Select Income REIT’s acquisition of Cole Corporate Income Trust.
Rouse Properties Acquires 51% Interest in Tupelo, Miss., Mall
Rouse Properties has entered into a joint venture with David Hocker & Associates Inc. to acquire The Mall at Barnes Crossing.
Federal Capital Partners Closes on Record Apartment Portfolio Deal in DC Area
Federal Capital Partners has acquired six Washington, D.C., metropolitan area properties and plans capital improvements on all of them.
Realco Capital Buys 2 Student Housing Properties in Tampa
Smith Equities Real Estate Investment Advisors secured Realco Capital Partners as the buyer of two student housing communities in Tampa, Fla., on behalf of two different sellers.
Carter Validus Acquires 2 Phoenix-Area Data Centers in $125M Sale-Leaseback Deal
In a $125 million sale-leaseback deal, Carter Validus Mission Critical REIT Inc. has acquired data centers in Phoenix and Scottsdale, Ariz., from IO.
U.S. to Remain Key Focus of Tel Aviv-based Clal Insurance’s CRE Expansion
Tel Aviv-headquartered Clal Insurance Group, Israel’s leading insurance, pension and financial services concern, has been busy building up its real estate portfolio in Israel and beyond, and the company has no intention of slowing down anytime soon.
Phillips-Edison Fund IV Portfolio Fetches $150M
Six months after tapping CBRE Group Inc. to market the nearly 1.4 million-square-foot Phillips-Edison Fund IV Portfolio, Phillips Edison Shopping Center Fund IV REIT L.L.C. has sold the group of nine retail properties.
The September digital issue of CPE is now available!
Special Focus: Investment and the Capital Markets
DPF Acquires Two Class A Office Buildings in Denver
Dividend Capital Diversified Property Fund Inc. has acquired two Class A office buildings in the Cherry Creek submarket of Denver.
Five Mile, Crocker Partners Sell Houston Office Tower to MetLife
The Lakes on Post Oak office complex is located in Houston’s Galleria/Uptown district.