Investment
Executive Spotlight: Louis Rogers, Capital Square Realty Advisors
Louis Rogers, who helped found Triple Net Properties, now balances new firm Capital Square Realty Advisors and a love for competitive horseback riding.
BREAKING NEWS: ARCP to Buy Cole for $11.2B, Creating Largest Net-Lease REIT
Expected to close during the first half of 2014, the deal would create a $21.5 billion company.
TMT Development Restarts Portland Tower After 5-Year Hiatus
The $175 million Park Avenue West Tower will incorporate residential, office and retail components and is pre-certified LEED Platinum.
Chariot Unveils $1B Revitalization Plan for Philadelphia
The local developer is eyeing a technology-centered business hub and a 1,050-unit residential community.
Brookfield Multiplex Completes $137M Green Office Development in Melbourne
Global contractor Brookfield Multiplex just finished building 171 Collins St., the city’s first premium-grade commercial development in 20 years, for $137 million.
Intu, CPPIB JV Acquires 807 KSF Shopping Center in Northern Spain
Intu Properties and the Canada Pension Plan Investment Board have jointly acquired the Parque Principado Shopping Center in Asturias, Northern Spain, for $220 million.
Vornado Buys $194M Land, Air Rights for Central Park Condo
Vornado completed the acquisition of the land and air rights for 137,000 zoning square feet in a transaction valued at $194 million.
Southwark Council Approves Carlyle Group’s $1B M-U Project in London
Southwark Council’s Strategic Planning Committee approved The Carlyle Group’s plans to replace two facilities located on the south bank of the River Thames – the Sampson House data center and the Ludgate House office building – with 1.4 million square feet of residential and office space.
Grosvenor Buys 11 Office Buildings in Seattle Suburb for $167M
Grosvenor Americas acquired a group of 11 Class A office buildings in Bothell, Wash., a Seattle suburb, from owner/developer Schnitzer West for $167 million.