Investment
Amazon to Grow Austin Tech Hub
The company will add 800 new tech jobs, which will require the expansion into a new 145,000-square-foot office in The Domain 10, a development slated for completion by 2020.
CPE’s Top 5 Posts in March
Miss out on any CPE stories? Here are five of our most popular articles for the month.
Massachusetts MOB Changes Hands for $11M
Catalyst Capital bought the 38,400-square-foot asset. which serves as an integrated care facility within the Department of Veterans Affairs Boston Healthcare System.
Hudson Pacific, Blackstone Partner on Vancouver Asset
The firms formed a joint venture to acquire and renovate the 1.4 million-square-foot Bentall Centre office and retail complex in Canada.
Somerset Buys Former Chicago-Area AT&T Campus
Together with partner Triangle Capital Group, the company will transform the 150-acre property in Hoffman Estates into a self-contained urban core following its unique ‘Metroburb’ concept.
citizenM Hotels Gets New Investor, $842M in Equity
GIC, the sovereign wealth fund of the Government of Singapore, will acquire a 25 percent stake in the Dutch hospitality brand in a transaction valuing the company at $2.2 billion.
E-Commerce No Match for Eateries, Exercise, Experience
Food and fitness services in addition to trendy soft goods seems to be a winning combination for retailers and retail real estate operators. But there are a few nuances that owners shouldn’t miss.
The Rising Prominence of CRE CLOs
Commercial real estate CLOs enjoyed a banner 2018 as year-over-year volume nearly doubled. Deal size has also been increasing, but some uncertainty surrounds the vehicles’ prospects for 2019.
Seattle Office Towers Trade in Record-Breaking $740M Deal
USAA Real Estate and Touchstone’s sale of the Troy Block marks the largest single-asset real estate transaction in the city’s history.
CRE Companies Mind Their ESGs
Owners, developers and managers are ramping up environmental, social and governance initiatives to meet investor criteria and internal goals.