Regions

CBRE Global Investors Grabs Multi-Tenant Office Building in Denver

On behalf of an unidentified separate account client, CBRE Global Investors has acquired 700 Broadway, an office building in Denver where Anthem is the main occupier.

INTERNATIONAL: Melco Crown Entertainment Opens City of Dreams Manila

Melco Crown Resorts and a subsidiary of Melco Crown Entertainment are opening the first international integrated leisure destination offering in Manila, Philippines.

W. P. Carey Grabs 73-Property Automotive Dealership Portfolio in the UK

W. P. Carey Inc.’s international footprint just grew by 1.6 million square feet.

Ivanhoé Cambridge Grows Its M-F Portfolio in San Francisco with Veritas Investments

Ivanhoé Cambridge and its partner Veritas Investments have boosted their multi-family holdings in San Francisco with the acquisition of 11 properties.

Hines Finds Buyer for Pointe Metro Office Property in Suburban Paris

Hines may have had trouble initially finding a buyer for its Paris-area asset due to the state of the market, but now a purchaser has appeared for the 256,000-square-foot office building.

Industrial Portfolio Brings Investors South of the Border

As manufacturing bounces back in Mexico due to cheaper labor, two companies have decided to take advantage of the upswing and buy a Class A industrial portfolio south of the border.

E-Commerce Innovator Macy’s Upgrades Fulfillment Center

Local analysts agree Macy’s Inc. picked a great time to triple the size of its fulfillment center to accommodate e-commerce by moving into a new location in Sacramento.

INTERNATIONAL: Bouwinvest Diversifies Portfolio in the Netherlands

In order to diversify its portfolio in the Netherlands, institutional real estate investment manager Bouwinvest has bought two of the most prominent properties in the country.

Irvine Co. Pays Legacy Partners Pretty Penny for Silicon Valley Office Park

The Irvine Co. has taken Tech Park at Freedom Circle in Santa Clara, Calif., off the hands of Legacy Partners, which the seller called a “win-win for both sides.”

Vulcan Trades Prominent Washington State Office Complex

To raise capital for new investment, Vulcan Real Estate has sold a 20-acre property with strong credit tenants such as Microsoft and Costco Wholesale to Talon Private Capital for a nice chunk of change.