Investment
Record-Breaking Colony-NorthStar Merger Closes
The real estate and investment management company has $58 billion in assets under management.
Iconic Hollywood Address Commands $210M
Situated along the world-famous Sunset Strip, the complex encompasses an office tower and a three-building retail plaza.
JBG Signs DC Anchor Tenant, Begins Construction
Urban Institute is set to occupy the building in the second quarter of 2019.
Shopoff Realty Acquires $15M CA Office Asset
The property was 44 percent vacant at the time of acquisition, with a forecast to grow 33.5 percent over the next five years.
Ford’s Michigan Expansion Revs Up Detroit Industrial Market
The company is planning to spend $700 million to expand its Flat Rock plant as part of an overall $4.5 billion investment on electrified vehicles over the next four years.
Hines REIT Lands First Retail Property
The global REIT has acquired a paired shopping center in Midtown Cincinnati.
George Smith Partners Secures $73M Loan for Seattle Office Asset
The financing will be used for the conversion, renovation and stabilization of the Seattle Design Center.
Columbia Property Trust Exits Houston
Spear Street Capital is the new owner of three office buildings totaling 1.2 million square feet.
Cushman & Wakefield Arranges Sale of 504KSF Industrial Asset
The new ownership has commenced a multi-million-dollar renovation of 340 Stiles St., in Linden, N.J., scheduled for completion in spring 2017.
Mori Trust Enters US with Big Boston Buy
The Japanese company has agreed to pay $673 million to acquire two Back Bay office buildings in a partial sale-leaseback transaction with Liberty Mutual.