Investment
Avison Young Buys Montreal-Based Firm Roy et Tremblay
The fast growing Toronto-based commercial real estate services firm Avison Young continues its expansion, this time closer to home, with the acquisition of Montreal-based project management firm Roy et Tremblay Inc.
C&W: Manhattan Office Leasing Up 35% as Offshore Capital Chases Assets
Class A office properties are commanding nearly $1,300 per square foot and leasing volume hit 16.7 million square feet during the first half.
Micros Systems Acquires 248 KSF Class A Office Building in Columbia, Md.
There’s no place like home, so Micros Systems decided to stay put and acquire its headquarters building at 7031 Columbia Gateway Drive in Columbia, Md., just outside of Washington, D.C.
Bascom/Oaktree JV to Purchase $250M in M-F Properties Throughout U.S.
The Springs Apartments in Southern California is the first multi-family acquisition made by a new JV formed between The Bascom Group and funds managed by Oaktree Capital Management to acquire $250 million in value-added multi-family properties.
Clarion Grabs 302 KSF Office Facility in Playa Vista, Calif.
Clarion Partners has purchased Latitude 34, a two-building office complex within the Playa Vista master-planned community in the Westside area of Los Angeles.
Bridge Development Buys 17 Acres in Florida to Build Industrial Facility
Bridge Development Partners makes plans for its third speculative industrial project in South Florida in less than one year with the acquisition of 17 acres in Hialeah Gardens, Fla.
ARCP Investment Group Purchases 2.5 MSF Industrial Portfolio from Mesa
An investment group led by American Realty Capital Properties has acquired a 2.5 million-square-foot industrial portfolio of energy sector properties from Mesa Real Estate Partners for $295 million.
Building and Land Technology Acquires 372 KSF Office Park in Westport, Conn., for $130M
Building and Land Technology has acquired Nyala Farms Corporate Center, a 372,207-square-foot office park on 53 acres in Westport, Conn., for $130 million.
Loews Hotels & Resorts Buys Intercontinental Chicago O’Hare Hotel
Making another move in the Midwest, Loews Hotels & Resorts signed a deal to acquire the InterContinental Chicago O’Hare Hotel, a 556-room hotel in Rosemont, Ill., just outside of Chicago.