Regions
MSCI: Big Year for Global Property Funds
The latest IPD Global Quarterly Property Fund Index measured an increase to 13.5 percent in fourth quarter 2015, the highest since 2011.
LondonHouse Chicago Hotel Changes Hands in Sale-Leaseback Before Opening
The 452-key luxury hotel changed hands for $315 million, marking the highest per-room price ever paid for a Windy City hotel.
Rexford Industrial Realty Shells Out $191M for SoCal Portfolio
The Los Angeles-based company recently paid $191 million for a nine-building Southern California industrial portfolio.
Delaware Firm Buys 2,000-Unit Self-Storage Portfolio in Metro New York
A 2,000-unit self-storage portfolio made up of two facilities in Port Chester, N.Y., and New Haven, Conn., changed hands for a total of $25 million, or more than $218 per square foot.
CIM Group Acquires SoMa Office Asset
The company has acquired an office and telecom building in San Francisco’s SoMa District.
1.1-MW SunPower Solar Carport Planned for Grossmont Union High School District
SunPower will build 1.1-MW solar carport system for Grossmont Union High School District.
Northville Park Place Adds to Its Mix of Dining, Retail and Medical Businesses
The Schostak Brothers & Company announced four new leases for its Seven Mile and Haggarty Road mixed-use development.
Three-Point Play for Phillips Edison Grocery Center REIT II
The Cincinnati-based REIT recently acquired three grocery-anchored shopping centers located in Georgia, Florida and New York.
Michigan State University Is Done Using Coal at Its Power Plant
Consumers Energy and Michigan State University team up on energy needs for campus and state.
Consumers Energy Begins Operations at Its First Community Solar Project
Consumers Energy begins operations at a massive, 17-acre solar project at GVSU.