Investment
Starwood Capital Buys 1 MSF San Diego Office Portfolio
Starwood Capital Group closed 2013 with a bang by acquiring a portfolio of 12 office properties in San Diego from Kilroy Realty Capital for $295 million.
Mount Vernon Co. Opens $125M M-F Residence in Boston
The Mount Vernon Co. has developed The Edge, a new 79-unit multi-family property designed by Prellwitz Chilinski Associates, as the latest addition to the six-building, 500-unit Allston Green District in Boston.
Shorenstein Acquires 717 KSF M-U Property in Boston
Shorenstein Properties has acquired Center Plaza, a 717,100-square-foot, transit-oriented mixed-use property in downtown Boston for a reported $307 million.
Avison Young Acquires Atlanta-Based Eidson Group
Toronto-based Avison Young’s U.S. expansion program continues with no end in sight, as the company brings yet another real estate services firm into the fold with the acquisition of the Eidson Group in Atlanta.
Kearny Real Estate Grabs 232 KSF Downtown San Diego High-Rise
Kearny Real Estate Co. has acquired the Union Bank Building, a 232,098-square-foot office building at 530 B St. in downtown San Diego, from Union Bank N.A.
Arden Group Acquires 254 KSF Class A Office Property in West Conshohocken, Pa.
Arden Group has acquired 100 and 200 Four Falls Corporate Center, a 254,000-square-foot, Class A office property in West Conshohocken, Pa., that was in receivership.
China’s Greenland Group Buys 7.7-Acre Brewery Development in London
Chinese state-owned developer Greenland Group has entered the U.K. market with the acquisition of the Ram Brewery development site in Wandsworth, London, in a transaction with a total investment value of $987 million.
Vestar Grabs 900 KSF Denver-Area Regional Retail Center for $124M
Vestar, which boasts a hearty retail portfolio spanning the Western United States, has just added metropolitan Denver to its footprint with the acquisition of the 914,000-square-foot Orchard Town Center in Westminster, Colo.
Terramar Acquires New Retail Center on Oahu for $100M
Terramar Retail Centers has purchased, for $100 million, the Laulani Village Shopping Center, a 223,000-square-foot neighborhood retail center in Ewa Beach, Oahu, Hawaii.