Investment
Normandy Trades Repositioned NYC Office Tower
The high-rise at 125 W. 25th St. was acquired by a Swiss pension fund for $150 million.
Madison International Realty Buys Stake in Hudson’s Bay
The New York-based company has acquired 1.3 percent of the retail giant’s common stock.
$200M Live! Hotel to Supplement Maryland Casino
Construction is officially underway on The Cordish Cos.’ 130-key Baltimore hotel.
Mary Kay Expands North Texas Footprint
The cosmetics company is investing $125 million into a state-of-the-art manufacturing facility in Lewisville.
GLP Grows US Presence with $1.1B Buy
The first part of the deal is expected to close in December with the purchase of a $700 million portfolio.
GPT, TPG Enter Strategic Partnership
Strategic Office Partners’ portfolio comprises high-quality, single-tenant office assets totaling 1 million square feet.
Yardi Matrix: Miami’s Booming Market
Multifamily Summer Report 2016: More than 10,000 units are expected to be added this year and next.
Morningstar Launches $90M Storage Fund
Blue Doors Storage Fund III will invest in the acquisition and development of self-storage properties across the U.S.
Finmarc Sells Fully Occupied Industrial Building in DC Area
The 71,373-square-foot asset was constructed in 1972 and last changed hands six months ago.
Utah Reels In $200M UPS Facility
The Atlanta-based company is bringing a new regional package operations facility to Salt Lake City.