Regions
Phoenix Property Investors Closes $1.2B Fund
The private equity group closed its third Asian real estate fund at a level significantly exceeding its $900 million target.
Newly Built Retail Property Sells in California
The asset, occupied by two tenants, was acquired by a local private investor for $8.8 million.
Rockefeller Group JV Wraps $60M Sale of New Jersey Asset
SHI International, an IT solutions provider, is the new owner of a building at Rockefeller Group Logistics Center in Piscataway, N.J.
Four-Building Industrial Park in Phoenix Gets New Owner
The 222,396-square-foot Seventy5 Business Park, which is 90 percent leased, was sold for $22.4 million.
Gerding Edlen Pays $132M for Historic Portland Asset
The 1928-built, 265,000-square-foot city center property changed hands for the first time in more than 25 years.
Innovo Property Group Closes $438M Recap in Queens
The firm brought in a Hong Kong-based equity partner for a 830,000-square-foot mixed-use asset.
Newmark Knight Frank Expands Chicago Capital Markets Team
Executive Managing Director James Postweiler and Senior Managing Directors Peter Harwood and Derek Fohl specialize in office investment transactions for institutional, corporate and private real estate owners throughout the Midwest.
Construction Launches at Denver Hotel
Scheduled to open in 2021, the yet-to-be-named hotel is situated in the metro’s RiNo neighborhood.
Urban Land Development Buys San Francisco Office Building
PGIM Real Estate sold the 104,000-square-foot property after two years of ownership.
Highmark Health, AHN Celebrate Pittsburgh-Area Hospital Expansion
The new Jefferson Emergency Department is being completed in two phases, with the second phase slated for completion in May 2020.