Investment
Granite Properties Buys Houston Office Complex for $78M
The purchase of Eldridge Place, an 824,000-square-foot property in the Energy Corridor, increases the company’s presence in the city to more than 2.3 million square feet.
Brookfield Asset Management Closes $15B Global Real Estate Fund
This is the Toronto-based company’s largest private vehicle to date, exceeding its original fundraising target of $10 billion.
Holder Properties Buys Atlanta Office for $23M
The company purchased the seven-story building in Midtown from ELV Associates, which had owned the asset for nearly 20 years.
CBRE Takes Pulse of Southeastern US CRE
A CBRE update on 18 key cities highlights the prospects for the region’s office, multifamily, retail and industrial sectors.
EQ Office Sells Seattle-Area Campus for $51M
NKF brokered the sale of the 175,546-square-foot Class A Canyon Pointe office property in Bothell, Wash., which is fully occupied by T-Mobile.
Ivanhoé Cambridge, Oxford Properties Invest in IDI Logistics
The two Canadian pension funds formed a joint venture to share ownership of the Atlanta-based firm, a leading developer and manager of logistics real estate in the U.S.
First Dark Spots on the Global CRE Map
RICS Economist Tarrant Parsons comments on investor sentiment around the world and notes which markets are showing the first negative readings in the past two years in a new podcast hosted by Senior Writer Alexandra Pacurar.
Gem Realty Capital Acquires FL Office Asset for $35M
IP Capital Partners was the seller of Wells Fargo Plaza, a two-building property offering 102,431 square feet in downtown Boca Raton.
Airbnb Expands Meeting-Space Footprint
The company is expanding its presence in the meeting-space arena, most recently with the acquisition of Aarhus, Denmark-based startup Gaest.com.
MetLife Acquires Nashville Shopping Village for $93M
Branch Properties and co-developer Crosland Southeast built the One Bellevue Place retail and entertainment complex on the former site of a mall, 10 minutes from the city’s downtown.