Investment
Calare Snags 511 KSF Boston-Area Industrial Portfolio
CBRE/New England secured acquisition financing for the purchase of two distribution and warehouse properties located in an Economic Revitalization Zone in Merrimack, N.H.
Taconic Capital Snags 757 KSF Dallas Office Campus
This purchase marks the firm’s first property in North Texas. The new owner is set to invest in significant upgrades to both buildings and add several tenant amenities.
SL Green to Sell NYC Office Condo for $633M
Along with joint venture partner Ivanhoé Cambridge, the REIT will sell the 674,000-square-foot building to an institutional client of Invesco Real Estate.
Ginsburg Development Acquires NY Office Complex
The firm purchased the property from Robert Martin Co. and plans to convert it into a mixed-use development that will offer office, retail, restaurants and residential units.
Multi-State Industrial Portfolio Changes Hands
Clarion Partners picked up 3.8 million square feet spread out across Denver, Dallas, Las Vegas and Atlanta. CBRE worked on behalf of the seller in the transaction.
CRE Investors React to Fed Rate Increases
Marcus & Millichap Senior Managing Director of Investments Alex Zylberglait reveals how the recent interest rate increase is impacting commercial real estate investors’ decisions and strategies.
JV Buys Minnesota Storage Portfolio
The portfolio includes two properties located in White Bear Lake and Lake Elmo, Minn. and totaling 153,000 square feet of storage space. JLL’s Capital Markets team arranged the sale of the facilities.
Public Storage Expands Nebraska Footprint
The company has added 3D SelfStorage, an 802-unit facility, to its Nebraska portfolio. Bellomy & Co. arranged the sale on behalf of the seller and procured the buyer.
Meridian Sells Majority Interest in VA Office Complex
The firm secured a partnership with MetLife Investment Management for the recapitalization of Boro Station, a recently renovated three-building office property in Tysons.
Private Equity Checks in With Hospitality
Pryor Cashman LLP‘s Todd Soloway outlines the impact private equity investment is having on the industry, as well as the most common legal issues his hospitality clients encounter.