Investment
PREIT Nears Finish Line with Sale of Four Non-Core Malls
The Philadelphia-based REIT recently sold four of its retail assets for roughly $92.4 million, as part of the company’s portfolio repositioning effort.
Viking Partners Acquires Clawson Shopping Center in Suburban Detroit
The Cincinnati-based company acquired a grocery-anchored retail center in Clawson, Mich.
Rothenberg-Rosenfield Acquires Oakbrook North Office Complex for Well Over $36M
Rothenberg-Rosenfield acquired the asset in Gwinnett County for $36.6 million, with plans to invest $1.5 million in renovations.
Construction to Start on ‘Live-Work-Play’ Building in The Duke City
Innovate ABQ debuts first building phase after receiving approval from the University of New Mexico.
Wanted: Investment Partner for 100 Congress
CBRE Capital Markets announces the opportunity to invest up to 50 percent interest in a joint venture to own Austin’s 100 Congress office tower.
Amazon Takes New Spec Industrial Building for Kansas Fulfillment Center
The Seattle-based e-commerce giant will open an 822,104-square-foot facility in Edgerton, Kan., that will bring 1,000 new jobs to the area.
Record-Breaking Office Trade in Charlotte
The 42-story One Wells Fargo Center changed hands for $284 million, a record sale price for an office building in the Tar Heel State.
GE Capital to Sell Hotel Financing Arm
Western Alliance Bank is set to acquire GE Capital’s Franchise Finance U.S. hotel business.
Aztec Group Seals $52M Deal for Riverbend Marketplace in Ft. Lauderdale
Aztec Group finalizes two transactions for a Walmart-anchored shopping center in Miami MSA.
LBG Sells Huntington Beach Retail Property
Following a year of redevelopment and successful leasing, LBG sold the asset at full occupancy.