Regions
Seritage, GGP Trade $248M in JV Transactions
The joint venture will continue to own four properties on a 50/50 basis. These assets are located in Texas, Washington, Massachusetts and Oklahoma.
Ivanhoé Cambridge Buys Evergreen for $1B
The transaction, which concludes a two-year search for the right industrial real estate company, expands the Canadian firm’s portfolio by 16 million square feet in U.S. assets.
JV Acquires Los Angeles Creative Office Building
Newcastle Partners and Westport Capital Partners formed a joint venture to acquire a 40,000-square-foot asset in Los Angeles’ Jefferson Corridor submarket.
Downtown SLC SpringHill Suites Trades Hands
Marcus & Millichap represented the seller and procured the buyer for the 86-key property, which is one of several Salt Lake City hotels to change hands recently.
HSA Commercial Secures 55 KSF Lease at Gateway Business Park
The company secured 55,500 square feet lease of the total 151,220 square feet to Kuehne + Nagel. The leasing of Gateway Industrial IV marks HSA Commercial’s fifth and final development in conjunction with Washington Capital Management.
Stagwell Group Inks Lease at One World Trade Center
The investment advisory company will occupy the 62nd and 63rd floors of the tower totaling 83,955 square feet, bringing the tower’s occupancy to 75 percent.
Rexford Industrial Takes 3, Sells 1
The $71.5 million buy in the Los-Angeles area and Inland Empire brings the company’s 2017 industrial acquisition volume to more than $282 million.
Noble Buys Dual-Branded Arundel Mills Hotel
Completed in 2009 and renovated in 2015, the 289-key property is located next to Maryland’s largest upscale retail center.
Emerson to Invest $100M in Ohio Facilities
Construction and renovation plans include updating and expanding office and lab space at the company’s Sidney, Ohio, location. Investments will be made over the next four years.
Westwood Taps Acquisitions SVP After $1.5B Restructuring
Brackenridge brings over 25 years of real estate investment expertise focused on grocery-anchored shopping centers and will oversee the expansion of the company’s retail portfolio.