Investment
Industrial Property in CA Trades for Record $214M
Pacific Industrial sold the 1.5 million-square foot property to a life insurance company. The facility is fully leased to LG Electronics and FedEx.
Why Inflation Is the Main Risk for CRE
RICS Chief Economist Simon Rubinsohn discusses the diverse landscape of global commercial real estate markets and highlights the risks that will impact the business going forward in a podcast hosted by Senior Editor Alexandra Pacurar.
Exeter Property Buys Inland Empire Distribution Center for $98M
The company bought the Class A facility in San Bernardino, Calif. Bob’s Discount Furniture is the 800,000-square-foot property’s only tenant.
Cross-Border Investment in US Industrial Real Estate Hit $14B in 2018
Together, Canada, China and Singapore accounted for roughly $10 billion of the investment volume, according to a new report by CBRE.
There’s a New $800M Ball Game in Hutto, TX
The public-private partnership is set to transform the City of Hutto into one of the top scouting destinations in the U.S.
Related Cos. Buys NYC Office Condo in $2.2B Sale-Leaseback
WarnerMedia sold the space at 30 Hudson Yards to an affiliate of Related Cos. The deal is anticipated to close during the second quarter of 2019.
In the Next Downturn, Public Markets Will Be CRE Investors’ Best Bet
Those expecting to hunt for discounts during the next down cycle should get up to speed now on REITs, contends Dr. Peter Linemann.
MSD Partners to Buy 1,000-Key Boca Raton Resort in Florida
A Blackstone affiliate is selling the 2.2 million-square-foot waterfront destination in a transaction scheduled to close in the second quarter.
IL Dual-Tenant Retail Asset Changes Hands
President Chad Firsel from Quantum Real Estate Advisors represented both parties in the $2.7 million transaction. The property last traded almost a decade ago.
Transwestern Buys 1.5 MSF Industrial Portfolio in Columbus
A joint venture between Singerman Real Estate and Green Door Capital has sold a collection of three properties to the firm’s new TSP Value and Income Fund II.