Regions
INTERNATIONAL: CPPIB, Hermes Forward-Purchase London’s South Bank Tower
Canada Pension Plan Investment Board and Hermes Real Estate have agreed to acquire part of London’s mixed-use South Bank Tower from a JV comprising Jadwa Investment and developer CIT Group.
Grainger to Erect 1.3 MSF Distribution Center in NJ
Leading industrial supply distributor Grainger Inc. has bought 96 acres of land in Bordentown Township, N.J., with plans to develop what will be the largest distribution facility in the state.
Core and Value Advisors Buys 108-Unit M-F Property in Wilmington, Mass.
Core and Value Advisors has purchased Metro at Wilmington Station, a 108-unit apartment community located in Wilmington, Mass., from a joint venture between EA Fish Development and Real Estate Capital Partners.
KTR Capital Preleases 615 KSF Project in LA to 99¢ Only Stores
KTR Capital Partners has broken a record at its Garfield Corporate Center project in Commerce, Calif. by signing 99¢ Only Stores to a prelease for the entire 615,000-square-foot development, marking the largest industrial infill lease in L.A. County history.
Colliers Acquires Leading Property Specialist in London
FirstService Corp. subsidiary Colliers International has acquired H2SO Property Consultants, one of London’s leading independent commercial property specialists.
Overton Moore Buys 18 Acres of Industrial Land in Pomona, Calif.
Overton Moore Properties has acquired 18 acres of industrial land in Pomona, Calif., and immediately begun construction on a 240,000-square-foot Class A build-to-suit industrial property.
Deloitte Signs 113 KSF Lease in Iconic LA Tower
Deloitte has signed a long-term lease with Brookfield Office Properties for rent of 113,000 square feet in the iconic Gas Co. Tower in downtown Los Angeles.
International Campus AG, Stichting DUWO Develop Student Housing, Studios in Netherlands
In its first international venture, International Campus AG has partnered with Stichting DUWO for the financing and development of student housing and studios targeting young professionals in the Netherlands.
Q&A with Bellwether, Cumberland Execs on $700M Cleveland Lakefront Project
Ross Halloran, senior vice president of Bellwether, and Dick Pace, president of Cumberland Development, chat with Commercial Property Executive about taking on one of the largest multi-family construction projects in Cleveland.
Hines, Oaktree JV Acquires 230 KSF Office Building in Santa Ana, Calif.
Hines has entered into a joint venture with a real estate fund managed by Oaktree Capital Management to acquire and lease back 1750 E. Fourth St., a Class A office building situated on 2.8 acres in Santa Ana, Calif., from State Compensation Insurance Fund.