Investment
APF Takes Full Ownership of Building on Manhattan’s ‘Club Row’
APF Properties has taken 100 percent ownership of The Club Row Building at 28 W. 44th St., buying out the 80 percent equity stake previously held by its joint venture partner, Prudential Real Estate Investors.
CPA:18 – Global REIT Acquires Office Campus in Rotterdam
CPA:18 – Global, a non-traded REIT managed by W. P. Carey Inc., has acquired a two-building office campus in the Netherlands, in a sale-leaseback transaction with Royal Vopak, the world’s largest independent tank storage provider.
INTERNATIONAL: W.P. Carey Buys Build-to-Suit Distribution Facility in Poland
Global net-lease real estate investment trust W.P. Carey Inc. has acquired a new, 362,000-square-foot build-to-suit, light-industrial and distribution center in Opole, Poland.
DLC Purchases 518 KSF Power Center in Poughkeepsie, NY
DLC Management Corp. has acquired the Shoppes at South Hills, a 518,000-square-foot grocery-anchored power center in Poughkeepsie, N.Y., from Vornado Realty Trust.
CBRE Strengthens Commitment to Oklahoma, Buys Local Affiliate
CBRE Group Inc. has officially brought its Oklahoma affiliate into the fold. The global commercial real estate services firm recently acquired Tulsa-based CBRE | Oklahoma, after a 15-year relationship.
Blackstone Picks Up Twin Office Buildings in Dublin
lackstone Real Estate Partners Europe IV has increased its presence in Ireland with the acquisition of the Atrium buildings, two premier office structures in Sandyford, in Dublin’s south suburbs.
INTERNATIONAL: Heitman Grabs Two M-F Portfolios in Amsterdam
Global real estate investment management firm Heitman L.L.C. has bought two separate apartment portfolios, for the first time in Holland.
Banyan, Oaktree JV Buys Office Portfolio from Parkway Properties
A joint venture between affiliates of Banyan Street Capital and Oaktree Capital Management bought 19 Class A office assets in six states for $237 million from Parkway Properties.
Capri Capital Sells 351-Unit M-F Community in Fort Lee, NJ
The Crest at Fort Lee, a 351-unit apartment community, has been sold by Capri Capital Partners for $120 million to Pantzer Properties.
