Investment
DivcoWest Pays $135M for Lower Manhattan Asset
The 220,000-square-foot building in Hudson Square previously traded for $110 million.
Brookfield Buys Seattle Campus for $200M
Block 24 marks the company’s second Facebook-leased building within the mixed-use Spring District development in Bellevue, Wash.
Lionstone Capital Sells Majority Interest in New Jersey Asset
A joint venture has acquired a stake in a recently renovated office building in Parsippany.
Behind Oracle’s $155M San Jose Deal
PIMCO and Lane Partners secured a loan from Blackstone Mortgage Trust for the purchase of the downtown office tower.
Related Cos.’ $175M Buying Spree in West Palm Beach
The company has re-acquired a downtown office tower that it built in 2008 as part of the former CityPlace mixed-use development.
CenterPoint Properties Pays $117M for Bronx Logistics Facility
According to CommercialEdge data, the property last traded for a fraction of the current sale price.
Hines Fund to Buy PG&E’s San Francisco HQ for $800M
The utility firm plans to relocate from the 1.4 million-square-foot complex to a new home base in Oakland.
Manhattan Mixed-Use Asset Lands $55M Bridge Loan
Emerald Creek Capital supplied Reading International Inc. with financing secured by the onetime headquarters of Tammany Hall.
Outlook Brightens for CRE Capital Markets
The post-pandemic world will look different, with surprising trends and unexpected bifurcations.
Ares, Black Creek to Form $29B Giant
The acquisition will provide Ares with an extensive non-traded industrial REIT platform.