Investment
Clarion Acquires Logistics Player Gramercy Europe
The $50 billion New York-based real estate investment manager has augmented its $16 billion, 700-property logistics portfolio by buying a majority stake in the European platform.
Thor Equities to Buy Paris Office Building for $56M
The asset, located in the popular Saint-Germain district, is considered an architectural landmark and is occupied by French bank Société Générale.
Pebblebrook Sells DC Hotel for $111M
A joint venture between Metrovest Equities and BLDG Management acquired the asset and plans to convert it into a YOTEL-branded property.
REIT Buys Tokyo Hilton Hotel for $560M
Tokyo-listed Japan Hotel REIT Investment Corp. picked up the 453-key property in the city’s Odaiba area, marking the hotel’s second sale in 15 months.
Bain Capital Sells Boston-Area Life Science Asset for $128M
Located in Cambridge, Mass., the property is close to both Harvard and the Massachusetts Institute of Technology.
VICI, Hard Rock to Acquire Ohio Casino for $745M
The companies will purchase the real estate and operating assets of the JACK Cincinnati Casino from JACK Entertainment in separate all-cash transactions.
SIGNA, RFR Close on Chrysler Building Purchase
Abu Dhabi Investment Council and Tishman Speyer have sold off the iconic 77-floor office tower in Midtown Manhattan, plus the adjacent pyramid-topped retail center.
Decennial Group CRE Venture Launches With $1B Goal
Farpoint Development, Clayco and CRG are behind the investment and development platform, which will focus on projects in designated Opportunity Zones across the U.S. heartland.
NJ Industrial Building Commands $9M
Black Creek Group expanded its portfolio in the region through the acquisition of a 76,220-square-foot warehouse and distribution facility in Hamilton. HFF represented the seller.
Atlanta Office Project Secures $100M Loan
The building is part of the Star Metals Atlanta mixed-use development and will include more than 260,000 square feet of creative office and nearly 40,000 square feet of retail.