Investment
Equinix Invests $28M in Australia Data Center Expansion
The expansion addresses the growing demand from businesses planning to expand into Melbourne, home to 25 percent of Australia’s business population.
Community Shopping Center Lands New Owner in O-Town
IRC Retail Centers acquired Goldenrod Marketplace Phase II, which includes multiple buildings and totals roughly 33,140 square feet of retail space.
BLT Snaps Up Sorrento Mesa Flex Asset
Sorrento Tech III is now part of BLT Enterprises’ 100,000-square-foot holdings at the tech park.
Preferred Apartment Communities’ $158M Shopping Spree
The company acquired seven grocery-anchored shopping centers located in Georgia, Florida, Texas and North Carolina.
Clarion Partners Severs Ties with Boston Office Assets
John Hancock Real Estate bought two interconnected office buildings in Boston’s Back Bay for more than $100 million.
Waldorf Astoria to Debut in San Francisco
The 170-key hotel will be part of the $1.7 billion Oceanwide Center development in SoMa.
Charles Schwab Plans $100M Westlake Office Campus
The 70-acre campus will bring at least 1,200 jobs to North Texas.
B’More Retail Center Changes Hands
The 280,000-square-foot Catonsville Plaza is 99 percent occupied by 16 tenants including Shoppers Food Warehouse and Dollar General.
GNL’s Global II Acquisition Good for ‘Future Growth’
Officials of both REITs said the $3.3 billion merger would benefit both companies and it seems very likely to move forward.
Carter Validus REIT Buys a Bundle in OK City
A 328,000-square-foot healthcare portfolio boosts the company’s presence in the region.