Investment
INTERNATIONAL: P3 Acquires Major Logistics Portfolio in the Czech Republic for $690M
PointPark Properties’s acquisition of warehouses and development land is one of Europe’s largest real estate deals of the past decade.
KBS REIT III Acquires Atlanta Office Building for $132.5M
KBS Real Estate Investment Trust III has acquired 171 17th St., a 21-story, trophy-quality office building in Atlanta for $132.5 million plus closing costs from JP Morgan.
Servcorp Takes a Tower Floor at One WTC
Servcorp has leased a 34,775-square-foot tower floor in the 3 million-square-foot One WTC.
ManuLife Buys Fully Leased 147 KSF Suburban Vancouver Office Building
ManuLife Real Estate has added a new asset to its Canadian holdings with the acquisition of a premier office building near Vancouver in Burnaby, B.C.
Inland Real Estate JV Picks Up 180KSF Princess Plaza in Indiana
Inland Real Estate Corp. and Dutch pension fund advisor PGGM add another asset to their portfolio with the acquisition of the Princess City Plaza in Mishawaka, Ind.
KBS REIT Sells West Palm Beach Office Tower for $150M
KBS Real Estate Investment Trust II has sold CityPlace Tower, an 18-story, 295,900-square-foot Class A office building in the West Palm Beach, Fla., CBD, for $150 million.
HSRE Sells $283M Multi-State Healthcare Portfolio
Harrison Street Real Estate Capital has sold a 12-asset multi-state healthcare portfolio for $283 million.
Guest Column: Corporate Distribution Sales Continue to Drive Industrial Capital Markets
Avison Young industrial capital markets practice leader Erik Foster points out the attraction of traditional industrial space users in the investment market.
Dominion Mortgage Introduces New M-F Lending Program
Dominion Mortgage Corp. has launched a new multi-family portfolio lending program with a wide variety of products.
Herrick Co. Buys 29 Walgreens
The Herrick Co. has bought a 394,236-square-foot portfolio of Walgreens stores located in 16 states and Washington, D.C.