Investment
Costa Rica Office Park Commands $127M
Tim Gifford, managing director of CBRE Capital Advisors, Latin America, represented the seller in the disposition of the four-building asset.
DLA Piper Special Report: Deal Making in Uncertain Times
Following a surge in transaction volume last year, sellers are now hesitant. Some are looking for 2015 pricing in 2017, which buyers don’t want to offer.
Siemens Pumps $20M in Chicago R&D Hub
Dubbed The Siemens Building Technologies CPS Software House, the building will operate as a global software development competence center. The facility is scheduled to open in early October 2017.
düber Secures $50M Funding for 15 Cannabis Distribution Centers
The company signed an agreement with Vacone Real Estate to acquire, fit out and master lease the properties, which total 400,000 square feet.
GLRE Summit Report: Real Estate Industry Facing Structural Changes
Technological disruption, changing consumer behavior and political uncertainty are just a few of the factors affecting the way industry participants are making investment decisions, according to panelists at EisnerAmper and iGlobal Forum’s Global Leaders in Real Estate Summit.
LA Basin Land Site Sells With an Existing Lease
Harrison Nichols Co. sold the 8.9-acre land in Irwindale, Calif. The buyer benefits from an existing lease with UPS.
DLA Piper Special Report: Exploring Non-Traditional Real Estate Realms
Amid industry optimism, clouds are massing on the horizon. They include concerns over capital, pricing and risk, all interrelated.
Blackstone Closes International Market Centers Acquisition
The company purchased the world’s largest owner and operator of premier showroom space for the furnishings, home decor and gift industries from Bain Capital Private Equity and funds managed by Oaktree Capital Management.
MOB REIT Gives Itself a Growth Spurt
In two separate deals, Physicians Realty Trust has agreed to acquire six medical office buildings for a total of $189.4 million.
How CRE Fundraising Is Changing and Why
Real estate continues to be an attractive asset class to both domestic and foreign investors, but industry experts admit there is simply too much money chasing too few deals. Jason Burian, partner in CohnReznick’s Commercial Real Estate Industry practice, explains why this situation is driving significant changes in the fundraising environment.