News

Denver Mid-Rises Trade for $72M

DPC Cos. and Bridge Investment Group sold two 11-story buildings located within the Denver Tech Center.

Airport Project Uses Vitro Architectural Glass

The product offers exceptional transparency and solar control in the recently opened $1.2 billion domed complex in Singapore.

REIT Closes $123M in Southern California Acquisitions, Sales

Rexford Industrial Realty has added five properties totaling nearly a half-million square feet to its portfolio in separate transactions, and partially financed the purchases with two dispositions.

Realty Income to Buy $1.3B Retail Portfolio

In addition to more than 450 single-tenant commercial assets, the buyer will pick up approximately $131 million of debt held by the seller.

Winner Announced for $260M Miami-Dade Courthouse Bid

The firm will be the design-build contractor in a public-private partnership delivering the project in early 2024, to replace the existing 1928 facility.

Brooklyn Industrial Asset Commands $81M

Terreno Realty expanded its presence in New York with the acquisition of the 192,000-square-foot asset in the East Williamsburg neighborhood.

Blackstone Sells Phoenix’s Largest Resort

Trinity Real Estate and Elliott Management have acquired JW Marriott Desert Ridge, a 396-acre luxury property.

TA Realty Tallies $1B From Industrial Sales

In two separate transactions, Blackstone added 68 properties to its industrial holdings and AEW bought 28 assets in Texas.

What to Expect From Baltimore’s Office Market

Merritt Cos. CEO Scott Dorsey discusses the most attractive suburban areas for investment, as well as the influence of new office product on existing stock.

Aimbridge Hospitality, Interstate Hotels to Merge

The combined company will be a global force in third-party management, providing services to a portfolio of more than 1,400 properties spanning 20 countries.