News
Morgan Stanley Advances Sustainability Commitments
The financial entity aims to reach net-zero financed emissions by 2050, joining many of its clients in this strategic goal.
Duke University Signs Up for 101 MW of Solar With Duke Energy
The power will be generated at three solar facilities, which are yet to be built under Duke Energy’s Green Source Advantage program.
VanTrust Sells Las Vegas Warehouse for $89M
Massachusetts Mutual Life Insurance Co. provided acquisition financing for the 715,000-square-foot property.
Blackstone Closes Record $8B Credit Fund
Blackstone Real Estate Debt Strategies IV, which will lend flexible capital around the world, launched in 2019, three years after the predecessor fund closed with $4.8 billion in commitments.
Wasatch Storage Partners Sells Nashville-Area Portfolio
National Western Life Insurance Co. provided a $12 million loan for the acquisition of 1,200 units in Murfreesboro, Tenn.
Blackstone Acquires Suburban Seattle Warehouse
The building previously traded for $3.5 million in 2005 as part of a 1031 exchange.
Somerville’s 1st Life Sciences Building Tops Out
The nine-story, 290,000-square-foot property in the Boston suburb, part of a three-phase project, is expected to reach completion next summer.
Bronx Storage Asset Trades for $26M
Benefit Street Partners Realty Trust provided the buyer with a $29.9 million loan which also encumbers a recently acquired Long Island facility.
Vantage Data Centers to Expand in 2 Key Markets
The company is adding new facilities to its Northern Virginia and Silicon Valley campuses.
Top 10 LEED-Certified Buildings in Seattle
A roundup of noteworthy LEED-certified projects from January through September 2020, based on USGBC data.