Investment
TerraCap Pays $31M for Phoenix Industrial Asset
BKM Capital Partners sold the 225,400-square-foot property after nearly six years of ownership.
Blackstone Expands in Miami With $230M Office Buy
The pair of Class A buildings in the city center span a combined 330,000 square feet.
New Jersey Market Update: Life Sciences Keep Transaction Activity Afloat
Office investment activity dropped sharply in February, with only a single significant sale recorded, according to CommercialEdge.
Harbor Associates JV Pays $92M for Orange County Campus
The property’s previous owner acquired the Class A office asset in 2015 for $108 million.
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.