Investment
HFF Secures JV Partner for DC Trophy Office
Lincoln Property Co. and Pearlmark Real Estate plan to renovate an historic bank, along with developing an adjoining office building.
Bixby Closes $56M Sale of Orange County Building
Karma Automotive LLC purchased the 262,463-square-foot property it had leased in August 2016. The company is planning to redesign its new headquarters to include further employee amenities and a branded experience center for its new Revero luxury sedan.
What’s Ahead for CRE Investment in Eastern Europe?
A new report from Colliers sheds light on investment prospects for six key countries, including Bulgaria, Czech Republic, Hungary, Poland, Slovakia and Romania.
CNL Lifestyle Liquidates with $830M Final Sale
In the larger of two deals, EPR picked up a collection of 21 properties, the most prominent of which is the 3,000-acre Northstar California Ski Resort.
Chicago Grocery-Anchored Shopping Center Commands $107M
Federal Realty Investment Trust likes the market area’s strong demographics and the property’s location in Lincoln Park neighborhood.
NYU REIT Symposium: Finding Value in Disruption
Hosted by NYU Schack, the 22nd annual REIT symposium gathered preeminent decision-makers for a spirited dialogue about the forces impacting the sector. Among the event’s headliners were Equity Group Chairman Sam Zell and Blackstone Global Head of Real Estate Jonathan Gray.
Marcus & Millichap Closes on 79KSF SoCal Self-Storage Facility
The company acted on behalf of the seller and also secured the buyer of the 626-unit property in Palmdale, Calif.
Noble Capital JV Launches $250M Texas Fund
US Capital Investment Management will serve as general partner for the new real estate fund, which will focus on major areas such as Austin, Houston, San Antonio and Dallas/Fort Worth.
Brookfield Snaps Up $855M Portfolio
The company has expanded in 12 states with the acquisition of a mix of high-quality industrial and office properties totaling 8.6 million square feet.
Pure Industrial Takes 2 in Texas
The Vancouver, B.C.-based REIT has acquired the 1 million-square-foot Cedar Port Distribution Centre in suburban Houston, along with 16 acres of land in San Antonio.