Investment
PacVentures Buys TX Industrial Portfolio
Transwestern represented the buyer in the acquisition of a collection of 10 buildings located in Brownsville and totaling more than 800,000 square feet.
MCA Realty Enters San Diego Industrial Market
The company purchased a two-building property that encompasses almost 41,000 square feet and revealed plans to renovate the existing vacant space.
Cerberus JV to Repurpose Former Discovery Communications HQ
The partners bought One Discovery Place in downtown Silver Spring, Md., with plans to reposition the property once the building’s sole tenant relocates to New York City.
Square Mile Provides $161M Loan for NYC Office Tower
Borrowers Rockwood Capital and Midtown Equities utilized the financing for the acquisition and repositioning of One Broadway, a 253,000-square-foot, landmark building in downtown Manhattan.
Ares Management Closes $1B Fund
The firm’s ninth investment vehicle is significantly larger than the fund that closed in 2014, on the strength of support from both current and new investors.
Miller Global Properties Sells Portland Office Building
CBRE Global Investors paid $76.6 million for the eight-story property which is located in the Pearl District, one of the city’s high-profile submarkets.
When Will the Industrial Market Slow Down?
Winstanley Enterprises Principal Adam Winstanley discusses the hottest submarkets, as well as his concerns and plans going forward.
CA Retail Center Sells for $45M
The 233,892-square-foot shopping center is located along Pacific Coast Highway in Marina, Calif. The buyer was a private investor based in Southern California.
JV Acquires Chicago Industrial Portfolio
HFF marketed the assets on behalf of the seller, Hackman Capital Partners. The properties include four buildings located in the O’Hare and South Cook submarkets.
Manhattan Office Deal Tops SL Green’s Big Day
The office REIT’s biggest news was its entrance into the hot Hudson Yards market, with the purchase of a $440 million property located at 460 W. 34th St.