Investment
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.
TMG Partners, KKR Buy 24-Story Oakland Tower
The transaction marks the third change of ownership for 1221 City Center, an iconic office property in the central business district, over the past six years.
Goldman Sachs Acquires Portland Office Asset
The $25.7 million sale price is twice the amount paid in 2013 by the building’s previous owner, Melvin Mark.
DC Hotel Changes Hands for $128M
The 300-key Hilton Garden Inn in downtown Washington, D.C., sold for approximately $427,000 per guestroom. The seller was Xenia Hotels & Resorts.
Are Core Returns Headed to Zero?
Within the next two years, the downshift in the commingled funds index could put some institutional investors at risk, says CenterSquare’s Scott Crowe.
Atlanta Logistics Center Sells for $70M
Ackerman & Co. sold the largest industrial facility it has developed to date. A national shipping and business supply company purchased the asset.
Seize the Opportunity (Zone), but Keep Your Head on Straight
BDO’s Stuart Eisenberg and Marla Miller demystify the new vehicle and recommend ways in which REITs can take advantage of their scale when investing in qualified properties.