News

Portland’s Internet Exchange Building Trades for $326M

The sale marks the highest-priced single-property transaction in the state since 2015.

Hines Breaks Ground on Atlanta-Area Logistics Park

The international real estate firm is simultaneously developing two speculative industrial buildings at the 97-acre site.

Multi-Story Warehouse Breaks Ground in Brooklyn

Developed by DH Property Holdings, the Ware Malcomb-designed project is poised to become the first vertical distribution center on the East Coast.

Hometown America Pays $17M for Long Island Manufactured Homes

The 244-site Foxwood Village community changed hands for the first time in almost two decades.

RiverRock Hires Regional VP in Los Angeles

Janice Church has more than two decades of experience in commercial property management.

Net Lease Cap Rates Close 2020 at Record Lows

The all-time low was attributed largely to strong compression in the industrial sector, according to The Boulder Group’s latest report.

Rexford Industrial Realty Pays $103M for 5 Properties

The purchases of four single-tenant buildings and an outdoor storage facility closed on New Year’s Eve, just in time to bring the company’s total 2020 acquisitions to $1.2 billion.

Brookfield Property Partners Could Go Private in $5.9B Bid

Brookfield Asset Management intends to buy the remaining units of its real estate subsidiary.

Epic Games to Convert Mall to Global HQ

The sale calls off the previous owner’s plans for a mixed-use development at the struggling retail center in Cary, N.C.

Lincoln Logistics @ Hicksville

Lincoln Equities Pockets $75M for Long Island Industrial Asset

The Home Depot fully occupies the distribution warehouse in Hicksville, N.Y.