Investment
AEW Buys $53M MA Office Asset
Located at 101 Station Drive in Westwood, the 208,134-square-foot office property is currently 100 percent leased to eight tenants and recently underwent a multimillion-dollar renovation.
IAC Acquires Phoenix Industrial Asset
A Kidder Matthews team led by Mike Ciosek, Eric Bell and Dylan Scott negotiated the deal for the 50,000-square-foot building.
ESG and REITs: Sustainable Investing for the Long Term
Managing risk is not only vital to smart real estate investing but can also generate long-term value, argue CenterSquare Investment Management’s Eric Rothman and Scott Crowe.
Sky Management Buys $18M Industrial Building in CT
Neighboring the company’s first purchase in the state, the 358,000-square-foot manufacturing and warehouse property houses key facilities for Fosdick Fulfillment Corp. and Medline.
Crown, Crestpoint JV Buys $129M Toronto Office Asset
The downtown campus, which is slated for upgrades and also includes a 303-spot parking structure, marks the partnership’s second acquisition.
A Guide to Commercial Real Estate Crowdfunding
Charles Clinton delves into the risks and benefits of this new source of capital that is drawing in more and more institutional real estate companies, as well as targeted individual investors.
Dilweg Picks Up Midtown Atlanta Office Asset
The new owner revealed plans to invest more than $10 million in the repositioning of the seven-story Pershing Point, which is anchored by Kaiser Permanente and HUGE.
JV to Build 340 KSF Warehouse in Charleston
North Signal Capital and Westport Capital Partners have broken ground on a 340,000-square-foot build-to-suit facility for Science Applications International Corp. Bank of America provided financing for the project, which is situated within North Pointe Commerce Park.
Cousins Sells Orlando Portfolio for $24M
CBRE brokered the sale and arranged $18.3 million in acquisition financing on behalf of buyer-borrower Realty Capital Commercial Real Estate Advisors.
Hilton Garden Inn Changes Hands in Maine
Dover Properties LLC sold Hilton Garden Inn Freeport Downtown, a 99-key asset dating back to 2005, located within a 20-minute drive of Portland.