Regions
Brookfield to Acquire Majority Share of Oaktree
The alternative asset management giant inked a deal to purchase 62 percent of Oaktree Capital Management’s business. Both firms will continue to operate independently.
Marcus & Millichap Brokers $9.1M Sale of Chicago Retail Asset
The 27,780-square-foot property, which is located in one of the highest barriers to entry submarkets in the city, underwent complete renovation in 2007.
National Solar Market Year in Review
The U.S. installed 10.6 gigawatts of solar photovoltaic capacity in 2018, reaching 64.2 gigawatts of total installed capacity, sufficient to power 12.3 million American homes, according to a report of Wood Mackenzie/Solar Energy Industries Association.
JV Sells Fully Leased Office Building in Richmond
Cushman & Wakefield | Thalhimer’s Capital Markets Group brokered the $7.5 million sale of Windsor I, a single-story building within the 62-acre Windsor Business Park.
LSTC Expands Michigan Office Portfolio
The California-based company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.
Wonderful Real Estate Buys Sacramento-Area Office Asset
The two-building property contains nearly 180,000 square feet of Class B space and is fully leased to the Centene Corp.
Home2 Suites by Hilton Opens in MN
Part of a $28 million development, the 107-key project is the second new hotel to come online in Brooklyn Park since 1998.
NAI Northern California Grows San Jose Office
Tod Rudee, who has almost 30 years of real estate experience, will serve as vice president. He previously held executive positions at CBRE, Colliers International and Premier Properties.
Mack-Cali to Sell Suburban Office/Flex Assets for $488M
The office and multifamily REIT plans to sell 56 properties in Westchester County, N.Y., and Fairfield County, Conn., to an affiliate of the Robert Martin Co.
Bellwether Secures Acquisition Loan for 2 LA Assets
Working on behalf of a private family firm, the mortgage banking company closed $62 million in financing for two former industrial buildings redeveloped for office use.