Regions
JLL Brokers Sale of Arizona Last-Mile Facility
The brokerage firm represented MRM Capital in the company’s sale of a 128,000-square-foot warehouse in Tempe, Ariz.
Blackstone Closes Largest Real Estate Fund Ever Raised
Blackstone Real Estate Partners IX has raised $20.5 billion in total capital commitments, with the largest investment placed in Global Logistic Properties’ U.S. industrial portfolio.
Rockefeller Group Names Development Chief
In this new position, veteran real estate executive Thomas Weeks will oversee more than 40 development professionals and $3 billion worth of existing and new projects.
TCN Worldwide Lands NYC Affiliate
LSL Advisors, led by executives with close ties to the global network, will represent TCN in the nation’s largest real estate market.
Angelo Gordon Raises $1.3B for Asia Fund
The alternative investment firm will target value-add and development opportunities primarily in Japan, South Korea, Hong Kong and mainland China.
The Evolution of the Workplace
Preferences are shifting, according to Jennifer Mejia, director with Gensler, who sat down with CPE at the NAREE Real Estate Journalism Conference to outline some of the most significant findings of the architecture and design giant’s most recent U.S. Workplace Survey.
Anbang to Sell US Hotel Portfolio in Record Deal
The Chinese insurer has agreed to sell a 15-property portfolio to a South Korean financial services firm.
Lexington Realty Buys Big, Eying E-Commerce
The $180 million portfolio transaction is part of the company’s plan to transition to a 100 percent industrial-focused net-lease REIT.
New Kennedy Wilson JV Acquires 1st Property
In partnership with Security Benefit, the company purchased an office campus in Bellevue, Wash., for $227 million. WeWork is among the tenants of the three-building asset.
Stanton Road Capital to Revamp Newly Acquired Orange County Asset
The new owner paid $209 per square foot for TriCentre, with Global Atlantic Financial Group providing the acquisition and development financing.