Investment
NYC Market Update: Manhattan Office Sales Prices Inflate
In the first half of 2021, the average sales price per square foot in Manhattan was up 61 percent year-over-year.
Hager Pacific Buys LA Distribution Center
The property is located 10 miles east of Los Angeles International Airport.
Bridge Industrial Buys Bay Area Portfolio for $134M
The buyer is eyeing the site for a new, 700,000-square-foot development.
South Florida Industrial Asset Trades for $71M
Bridge Industrial sold the property two years after acquiring it for $38 million.
Austin Market Update: Office Transaction Volume Expands
Investment sales reached $969 million in the first half, according to CommercialEdge.
What Opportunity Funds Do When There Is No Distress
With troubled real estate in short supply, what’s an opportunistic investor to do?
CBRE Global Investors Closes $2.3B Fund
This is the company’s largest such value-add vehicle to date.
Miami Market Update: Investment Volume Goes Through Roof
The metro’s office market has seen a 223 percent increase in transaction volume in the first half of 2021, CommercialEdge reports.
Hines Closes Latest Fund at $750M
The new open-ended fund represents more than $1.2 billion in investment capacity.
Blackstone Buys WPT Industrial REIT for $3.2B
The all-cash transaction will allow Blackstone Real Estate Income Trust Inc. to enhance its U.S. logistics footprint.