Investment
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.
BLT Enterprises Completes Yet Another San Diego Acquisition
The Sorrento Mesa submarket has become increasingly tech-centric over the past few years.
Breckenridge Apartment Homes Acquired by REIT
The REIT plans to implement a value-add strategy to improve the property’s exterior, common area and unit interiors.