Investment
Hines REIT Seals $1.1B Deal with Blackstone
The REIT will sell an approximately 3 million-square-foot office portfolio to a Blackstone affiliate as part of its liquidation plan.
West LA Office Campus Commands $135M
The new buyer plans to invest in light upgrades at the 21-acre office complex.
Keystone Picks Up Key Office Asset in Philly
The company paid $114 million to acquire a premier office property from Rubenstein Partners.
JLL Releases Global Real Estate Transparency Index
The latest report from JLL shows that real estate transparency has become a main focal point for investors.
CBRE Snags $250M Loan for Prime Industrial Portfolio
Becknell Industrial tapped CBRE to arrange $250 million in financing for a 140-property portfolio.
Cornerstone Inks Deal to Buy ACRE Capital
The mortgage banking subsidiary of Ares Commercial Real Estate will go to Cornerstone Real Estate Advisers.
Google’s Chicago HQ Fetches $257M
American Realty Advisors has acquired the office building at 1000 W. Fulton Market for a hefty price.
Related Seals Deal for $6.5B Cali Project
The Santa Clara City Council has given the green light for the development of the largest private project in Silicon Valley’s history.
NSA Trust to Buy 29-Property Self-Storage Portfolio
The Colorado-based REIT is shelling out $190 million to acquire roughly 2.1 million square feet of self-storage space across the U.S.
Marcus & Millichap Arranges Miami Metro Retail Deal
Currently, the property is 100 percent leased, but the anchor tenant filed for bankruptcy, which will negatively impact traffic at the center.