Investment
Inland Western Buys San Antonio Retail Center for $92M in JV with RioCan
Inland Western Retail Real Estate Trust Inc. and joint venture partner RioCan Real Estate Investment Trust continue their Texas buying binge with the acquisition of Alamo Ranch, a 469,000-square-foot shopping center in San Antonio, for $92 million.
Two Multi-Family Buildings Move in D.C.
In two separate transactions in as many days, two large apartment buildings have changed hands in the D.C. area: The 359 KSF Montpelier Crossing was sold to Federal Capital Partners and Equity Residential took The Chase at Bethesda Metro.
Bell Partners Purchases Three Apartment Communities for $76M
Bell Partners has purchased three communities, encompassing an aggregate 682 units and located in Florida, Texas and South Carolina, for approximately $76 million.
KTR Closes on 7.8 MSF of Industrial Across Five Markets
KTR Capital Partners has just closed on 7.8 million square feet of industrial space across 18 buildings located in central New Jersey, Chicago, Dallas, Atlanta and Columbus, Ohio.
Dubai Group Selects Ex-Lehman Execs to Manage $1.1B Portfolio
Silverpeak Real Estate Partners has been tapped by Dubai Group and its subsidiary to provide asset/investment management services for, and eventually restructure, a $1.1 billion commercial real estate portfolio in the United States and Germany.
Guest Column: Commercial Real Estate, 2012
Reznick Group’s Richard Hollowell warns of more rough seas ahead.
Heitman Co-Sponsors Behringer Harvard REIT, Acquires Minority Interest in 15 Properties
Behringer Harvard Multifamily REIT I Inc. has just entered into a new co-investment partnership with one of the world’s largest pension funds, advised by Heitman L.L.C., a multinational real estate investment management firm with more than $23 billion of assets.
JLL: 2012's CRE Outlook Still in Flux; Bright Spots Exist
Jones Lang LaSalle’s outlook for 2012 shows that, while the economy remains in a state of flux, things are generally set to improve. But there are going to be some very bright spots — such as the multi-family sector, which is going to remain the darling investment class.
Fountain Investments Buys 1.3M Acres of Nevada Land for $31M
In one of the largest land sales in U.S. history, Florida-based Fountain Investments has purchased 1.28 million acres of land and mineral rights in Nevada, giving it a parcel by acreage larger than the state of Rhode Island.
GE Capital Launches $535M Investment in European Office Properties
Despite the European markets being as unsteady as — if not more unsteady than — domestic markets, GE Capital Real Estate is making a big bet on quality office assets in England, France and Germany with $535 million (400 million euro) secured from third-party sources.