Investment
Top 50 Largest Office Deals in 2016
Blackstone emerges as the year’s most active office buyer, according to CommercialCafe’s analysis on 2016’s top 50 U.S. office deals.
Allegiant Real Estate Attracts New Attention
The company has received capital from Anthony Tufariello, former co-CIO of real estate at Fortress Investment Group, and New York City developers Ziel Feldman and Nir Meir.
REBNY Special Report: Behind Blackstone’s Investment Strategy
The private equity giant’s Nadeem Meghji discussed some of the firm’s most significant deals and the strategies behind them at the recent luncheon in New York.
MetroGroup Secures $34M Financing for San Diego Campus
The four-building facility is fully occupied by Cobham Advanced Electronic Solutions.
Former USPS Building Sells for $2.5M
The Allen Morris Co. negotiated the transaction of the 20,368-square-foot Oakland Park property.
Baum Completes Sale of Chicagoland Building
The brokerage firm closed the $4 million sale of a Des Plaines property occupied by US Bank and Verizon.
Blackstone Sells Value-Add Medical Campus in Providence
Ventas is the new owner of the historic property, which includes South Street Landing, a redeveloped 269,000-square-foot municipal power station anchored by Brown University.
Arden Group Nabs Sheraton Atlanta Hotel
The downtown property offers 763 guestrooms and more than 100,000 square feet of event and meeting space.
Medical Device Manufacturer to Build New HQ in Utah
Biomerics plans to invest $39 million in a new, 200,000-square-foot corporate headquarters that will create 380 jobs over the next eight years.
CRE Returns Tapping on the Brakes in 2017
By Ken Riggs, President, Situs RERC: Despite an expected drop in average total returns, CRE remains favorable to other investment alternatives.