Investment
Anbang to Sell US Hotel Portfolio in Record Deal
The Chinese insurer has agreed to sell a 15-property portfolio to a South Korean financial services firm.
Lexington Realty Buys Big, Eying E-Commerce
The $180 million portfolio transaction is part of the company’s plan to transition to a 100 percent industrial-focused net-lease REIT.
New Kennedy Wilson JV Acquires 1st Property
In partnership with Security Benefit, the company purchased an office campus in Bellevue, Wash., for $227 million. WeWork is among the tenants of the three-building asset.
Stanton Road Capital to Revamp Newly Acquired Orange County Asset
The new owner paid $209 per square foot for TriCentre, with Global Atlantic Financial Group providing the acquisition and development financing.
Rexford Industrial Continues Southern California Expansion
The firm has grown its portfolio with the acquisition of two facilities located in Downey, Calif.
London Mixed-Use Tower Lands $121M Loan
LaSalle Investment’s Real Estate Debt Strategies III fund financed Manhattan Loft Gardens, a 42-story hotel and residential tower.
California Life Science Asset Sells for $26M
Harbor Associates sold Think Here, a 160,980-square-foot life science/ R&D campus in Thousand Oaks, Calif.
Tampa Bay Office Campus Commands $45M
Taurus Investment Holdings acquired the four-building asset in Sarasota, Fla. JLL represented the seller and procured the buyer.
HCP to Acquire Cambridge Building for $333M
The Davis Cos. and Invesco Real Estate developed the LEED Gold-certified property in 2018. The transaction is expected to close by year-end.
Boston Properties Buys Some More in Its Home Metro
Even prior to the $106 million transaction, the REIT was already Waltham’s largest owner and manager of Class A office space.