Regions
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.
NYC Spotlight: Bought Up
By Amalia Otet Real estate remains a hot commodity in New York City, with investors flocking to take a bite out of the Big Apple. All five boroughs have seen increased transaction activity in the four weeks ending on Nov. 30, with Manhattan attracting the largest deals by value. According to the latest PropertyShark market report, which features month-to-month tracking of the biggest commercial sales in New York, nine of the top 10 purchases were in Manhattan, where increased demand for both office and residential space has kept rents at an elevated level. The biggest transaction recorded in November was…
INTERNATIONAL: World Class Land Launches Tallest Residences in Southern Hemisphere
In case you haven’t heard, a new addition to the stratosphere of luxury real estate will soon rise in Melbourne’s Southbank.
Transwestern/RBJ Helps Create Largest Biotech Campus in Boston Suburb
Transwestern | RBJ has brokered a 202,492-square-foot lease at Two Ledgemont Center in Lexington, Mass., on behalf of a biopharmaceutical company looking to expand.