News

Equinix Opens its Largest Japanese IBX in Tokyo

The new data center will comprise more than 3,500 cabinets and more than 153,800 square feet dedicated for colocation upon full deployment.

Bank of America Tower in Houston Scores LEED Platinum

The high-rise is the first U.S. project to earn the LEED V4 Platinum for Core and Shell designation—the top score achieved in the category to date.

Global Mutual Buys Triangle Office Park for $81M

BBVA Compass Bank provided the buyer of the nearly 430,000-square-foot Class A research campus with a five-year, $61.6 million acquisition loan.

Sector-by-Sector Real Estate Review

Commercial real estate investors hope for the best as downturn looms.

Mitchell Schear, Executive Partner, Camber Creek. Image courtesy of Camber Creek

Mitchell Schear Joins Camber Creek as New Executive Partner

The former president of Vornado/Charles E. Smith and The Kaempfer Co. brings more than 35 years of experience to the proptech venture capital firm.

Singapore-based investors were highly active in U.S. commercial property markets last year, including CapitaLand, which scooped up a 3,787-unit multifamily portfolio for a total of $838 million last September. The 16 communities acquired by the real estate firm in the western U.S. include (from top): Marquessa Villas, a 336-unit community in Corona, Calif., and Stoneridge at Cornell, a 233-unit asset in Portland, Ore. Images courtesy of CapitaLand Ltd.

Foreign Investment Moves Beyond the Gateways

Lofty prices and compressed yields are causing global buyers to prospect in other lucrative, business-friendly states such as Texas and Florida.

Institutional Insights: Return to Core Values

As market volatility mounts, these investors are shifting their property type and geographic exposures and taking advantage of the latest proptech innovations.

Strategic Storage Trust IV Buys Seattle-Area Facility

The REIT expanded its footprint with a 350-unit storage asset in Redmond, Wash. The six-building property changed hands for $11.5 million.

Kilroy Realty Signs 1st Lease for Bay Area Life Science Campus

Cytokinetics is the first tenant of the in-progress $600 million project. The biopharmaceutical company will occupy 235,000 square feet at Kilroy Oyster Point starting in September 2021.

1031 Investor Chases Retail Yield in the Inland Empire

CBRE orchestrated a complex deal that resulted in its client’s purchase of Menifee Town Center and The Barn at Wildomar from separate sellers and the disposition of a Hollywood property.