Investment
Pebblebrook Raises $1.8B for LaSalle Merger
Earlier in the year, LaSalle Hotel Properties had said yes to an all-cash offer from Blackstone, but the company later terminated the agreement in favor of the Pebblebrook bid.
Raleigh-Area Office Campus Fetches $69M
HFF, acting on behalf of Crescent Lakeside LLC, orchestrated the sale of Crescent Lakeside I & II, a 255,000-square-foot property in central North Carolina’s Research Triangle.
Midtown Realty Affiliate Buys Miami Shopping Center
A joint venture between Duncan Hillsley Capital and Pebb Capital sold the 126,000-square-foot property for more than double its 2014 acquisition price.
New Guidelines Heighten Interest in Opportunity Zones
Yardi Matrix’s Paul Fiorilla describes the challenges that managers should anticipate while they attempt to raise more than $25 billion to invest in the economic development tool.
TA Realty Pays $36M for FL Distribution Portfolio
A CBRE Capital Markets team represented the seller, Guardian Life Insurance Co., in the disposition of the two-building industrial asset.
Institutional Roundtable: Safety First
Institutional investors have risen in prominence throughout the current economic cycle, strategically deploying capital in long-term opportunities that offer attractive risk-adjusted returns. But nine years into the recovery, how is this cohort unlocking value in a rising-rate, compressed-yield climate?
Hanley Investment Arranges $38M Sale of NJ Walmart
The firm represented the seller, Catellus Development Corp., in its disposition of the 159,542-square-foot building in Teterboro. The buyer was a 1031 exchange private investor.
Jamestown Picks Up Atlanta Retail Portfolio
Mimms Enterprises sold the nearly 335,000-square-foot portfolio for close to $55 million. The company had owned both properties for nearly 20 years,
2018 CREW Network Convention Coverage
The struggle to find qualified talent, the changing healthcare industry’s impact on real estate and the booming industrial market were hot topics at the organization’s annual conference in San Diego, which drew thousands of members of the commercial real estate industry.
The 2018 CPE Distinguished Achievement Awards Winners
Thoughtful urban projects, creative corporate repositionings, forward-looking leases and a focus on amenities spaces were the some of the hallmarks of this year’s winners.