News

Ascendas REIT to Buy US, Singapore Assets for $1.2B

The Singapore-based company will acquire 4 million square feet of business park properties from its controlling unitholder, CapitaLand Ltd., in a deal marking its debut in the American market.

Berkadia Facilitates $28M Missouri Sale

Alex Blagojevich, Michael Sullivan and Brett Meinzer represented the seller, a joint venture of Sundance Bay and Drake Real Estate Partners.

Boulder Group Facilitates MOB Sale in South-Central Kansas

Randy Blankstein and Jimmy Goodman worked on behalf of the seller of the 30,472-square-foot single-tenant property.

Big Lots Sells Inland Empire Warehouse for $191M

The discount retailer is using a portion of the proceeds to purchase its headquarters in Columbus, Ohio.

Nashville Office Portfolio Lands $89M Refi

The Arkansas Teacher Retirement System JV’s two Class A towers comprise more than 400,000 square feet in the city’s West End.

Brick and Mortar Stays Vital: Colliers

A new report from Colliers underscores the survivability of physical retail stores, but change is required. How will tomorrow’s retail spaces be different from today’s?

Cordish, Gilbane Top Out $700M Philadelphia Casino

The developers anticipate the 1.5 million-square-foot project will have a $2 billion economic impact and generate 5,000 jobs in the city.

JLL Assists Halsen Healthcare in California Hospital Transactions

The healthcare company acquired, then subsequently sold and leased back Watsonville Community Hospital campus.

The November Digital Issue of CPE Is Now Available!

Now you can get trend and strategy insights two different ways: Leaf through the Commercial Property Executive digital digest for a quick read or click on individual articles below for an in-depth look at the topics that most interest you.

Merritt Properties Acquires Baltimore-Area Office Asset

The company plans to fully upgrade the Hunt Valley building, which was previously the home to McCormick & Co., and have it LEED certified by 2021.