Investment
Google Commits $250M to New York Expansion
The tech titan is boosting its presence in Manhattan as part of a $7 billion nationwide real estate growth plan.
Birch Group Pays $77M for New Jersey Office Portfolio
Spanning more than 411,000 square feet, the three Morristown buildings last traded for $80 million in 2015.
Columbia Property Trust Gets $2.2B Takeover Bid
A group of investors led by The Sapir Organization made an unsolicited proposal to acquire the office REIT in an all-cash deal.
Lendlease, Ivanhoe Pay $67M for Boston Life Science Site
The deal paves the way for a $500 million project at New Balance’s Boston Landing campus.
Digital Realty Trust Pockets $674M for Data Center Portfolio
The company sold 11 assets spread across four European countries.
Equus Capital Sells Silicon Valley Assets for $42M
A new owner has emerged for a two-building office/R&D property in Santa Clara, Calif.
DartPoints to Acquire Immedion
The transaction will more than double the company’s data center footprint, aligning with its strategy to expand in underserved edge markets.
PGIM JV Buys Microsoft-Leased Campus for $169M
In a partnership with Talon Private Capital, the company borrowed $200 million from a consortium of 13 lenders to fund the acquisition.
Stonemont, Cerberus Form $1B Industrial JV
The partners are assembling a portfolio of truck terminals, outdoor storage facilities and other mission-critical assets.
Foreign Investment Update: Where Capital Will Travel in 2021
Singapore and South Korea boosted their year-over-year investments in U.S. real estate by 48 percent in 2020 and are expected to remain active this year.