Investment
Hillwood-Brookfield JV Buys 1.6 MSF at Memphis Distribution Center
Hillwood Investment Properties and Brookfield Asset Management teamed up to acquire five Class A industrial buildings in Southpark Distribution Center in Memphis.
Compatriot Capital Expands M-F Presence with JLB Investment
Compatriot Capital Inc. has taken a significant step in its 10-year business plan through a new deal with national multi-family developer JLB Partners L.L.C.
Cassidy Turley: CRE Recovery a Tale of Two Markets
In a year where the U.S. economy remains “stuck in a slow growth gear,” commercial real estate recovery is uneven and there are very clear winners and losers, according to Cassidy Turley chief economist Kevin Thorpe.
Behringer Harvard, Prospect Capital Launch Investment JV
With an eye toward tackling the challenges posed by the plethora of low-yielding fixed-income vehicles in the current financial environment, Behringer Harvard Holdings L.L.C. and Prospect Capital have teamed up on the launch of a new venture.
Suburban Boston Office/R&D Property Commands $93.5M
Real Estate Capital Partners USA Capital Trust sold the trophy asset at 174 & 176 Middlesex Turnpike in Bedford, Mass., to Cole Real Estate Investments.
Archon Buys Colorado Apartment Portfolio for $90M
The transaction is reportedly Colorado’s largest multi-family portfolio sale to a single buyer since 2006.
AFL-CIO Provides $90M for Rehab of Boston Affordable Housing
The investment in MassHousing bonds and notes will help finance the $148 million renovation of 338 units at two low-income properties.
SL Green Sells Half its Interest in 717 Fifth Ave. to JV Partner Jeff Sutton
In a transaction that released $85 million in net cash proceeds, SL Green Realty Corp. restructured and recapitalized its joint venture at 717 Fifth Avenue in New York City.
Developers Launch 1 MSF Master-Planned Community in Va.
Downtown One Loudoun will eventually comprise about 1 million square feet of mixed-use development. Phase two will include an upscale hotel, retail and office space and luxury townhomes.
Foreign Capital, Robust Demand Drive Industrial Growth: Jones Lang LaSalle
Other key factors are global supply chain trends, worldwide growth of e-commerce and solid infrastructure, a study contends.