Investment
Hines Global Acquires Silicon Valley Industrial Portfolio
DRA Advisors sold the 417,000-square-foot Advanced Manufacturing Portfolio in Santa Clara for $107.1 million.
Opportunity Zones Continue to Make an Impact
Edmon Rakipi, principal at Opp Zone Capital, shares why he expects the Opportunity Zone Program to revitalize some of the hardest-hit real estate sectors going forward.
AIG Sells New Jersey Office Asset for $140M
The nine-story building was fully leased to seven tenants at the time of sale.
JLL Arranges Sale, Loan for Phoenix Industrial Asset
Brian Ackerman brokered the deal on behalf of the buyer, Arizona Custom Blends, while Carl Beardsley facilitated the acquisition financing.
PGIM Real Estate Acquires $425M Industrial Portfolio
The investment manager purchased the 4.7 million-square-foot collection of properties in one of the largest U.S. portfolio transactions since the onset of the pandemic.
Knoxville CVS Call Center Trades for $10M
Lexington Realty Trust is the former owner of the roughly 60,000-square-foot building.
JV Sells Boston Office, Lab Complex for $330M
Newmark Knight Frank represented sellers Marcus Partners and The Davis Cos. and procured the buyer of the property, which includes the potential for additional life sciences development.
Tampa-Area Industrial Facility Trades for $15M
The newly-developed property is 50 percent occupied by a tenant that pre-leased the space before its completion.
Return of RTLs Boosts Liquidity for Smaller Multifamily Properties
Hunter Street Partners’ Neal Johnson on how residential transitional loans can provide much-needed help to property owners.
Goldman Sachs Invests in Last-Mile Specialist
Elion Partners is the recipient of a strategic investment from the firm’s Vintage Real Estate Partners II fund for a vehicle that largely focuses on logistics assets.