Regions
Berkshire JV Breaks Ground on One Seaport Square in Boston
Development of a 1.5 million-square-foot mixed-use project in the burgeoning Seaport Square neighborhood of Boston has kicked off with a groundbreaking ceremony.
American Realty Advisors Pays $100M for M-F Asset in L.A.’s Silicon Beach
ARA, a Los Angeles-based institutional investment manager bought the high-end,196-unit property in western Los Angeles’ “Silicon Beach” district.
TIAA-CREF, Norges Bank Buy Hall of the Americas
One might surmise that not since the start of the Viking Era in the eighth century has a Nordic invasion of this magnitude been seen, though this one uses joint ventures rather than long ships.
High 5 Games Joins Tenant Roster at One World Trade Center
High 5 Games is the latest company to sign a deal and will take 87,663 square feet at the downtown Manhattan office tower, officials announced Thursday.
JLL Sets Footprint in Portland with Acquisition of Cresa Office
The global real estate firm is buying Cresa Portland, the city’s leading tenant representation firm.
INTERNATIONAL: W. P. Carey Buys 31 Australian Industrial Properties for $138M
W.P. Carey has completed yet another international acquisition, closing a 20-year sale-leaseback deal with Inghams Enterprises Pty. Ltd., for a portfolio of 31 properties in the Australian market.
Killam Buys 152-Unit Rental Property in Ottawa
Killam Properties has acquired the 152-unit Kanata Lakes Apartments II, a newly-constructed luxury rental building in Kanata, Ontario, in the outskirts of Ottawa.
The Chiofaro Co. Receives $500M in Financing for Boston Office Complex
The Chiofaro Co. and an institutional partner have received $500 million in financing for International Place, a 1.8 million-square-foot, Class A trophy office complex located in Boston’s Financial District.
BCRE Acquires 627 Greenwich St. in Manhattan for $106M
Brack Capital Real Estate has closed on its $106 million purchase of a vacant, 12-story commercial building at 627 Greenwich St. in Manhattan’s West Village.
Hershey Trust Trades 218 KSF Shopping Center in Central Pennsylvania
Hershey Trust Co. has traded Hershey Square Shopping Center in Hummelstown, Pa. to Heidenberg Property Group for an undisclosed amount.