Regions
Kennedy Wilson, Fairfax JV on $365M European Investment Platform
Kennedy Wilson and Fairfax Financial Holdings Ltd. continue to eye commercial real estate opportunities in Europe together, this time forming a $365 million partnership to seek assets, including loans and real property.
DivcoWest Makes $71M Office Buy in Cambridge
DivcoWest has spent $79 million on The Davenport, a 220,000-square-foot Class A office property in Cambridge, Mass. The firm picked up the property from a client of AEW Capital Management.
Laying the Foundation: In Fast-Paced BRIC Countries, Patience and Nimbleness Translate to Success
For some years now, Brazil, Russia, India and China have offered happy hunting grounds to U.S.-based real estate companies. Despite their ups and downs, the four countries that have come to be collectively known as the “BRIC nations” have shown steadily improving transparency and sophistication in their investment, development and service markets. By Paul Rosta.
Ralcorp Signs 175 KSF Lease at Bank of America Plaza in St. Louis
Private-label foods producer Ralcorp has signed a 175,000-square-foot lease at St. Louis’ Bank of America plaza, an agreement that includes a 57,000-square-foot expansion.
Exclusive: JLL Expands Operations with Fourth Office in Mexico
Commercial real estate in Mexico is heating up and Jones Lang LaSalle Inc. is expanding its presence in the country with the opening of an office in Guadalajara in the state of Jalisco.
Cole Spends $53M on New Jersey Office Building
Cole Real Estate Investments has made another addition to its portfolio in the New Jersey area, this time picking up a 176,000-square foot, Class A office building for $53 million from The Hampshire Cos.
Coreland to Manage 1.2 MSF of Watt Properties' California Retail
Coreland Cos.’ management responsibilities just got a lot bigger, as the company recently landed a contract to manage a 1.2 million-square-foot Southern California portfolio of neighborhood retail properties owned by Watt Properties.
DivcoWest Takes 261 KSF Silicon Valley Office Complex for $71M
In a 261,059-square-foot transaction, DivcoWest acquired the Caribbean Corporate Center, a portfolio of four, 100-percent leased office buildings in the Silicon Valley area for a reported $71 million.
Brookfield Refis Five Multi-Family Properties for $400M
In a deal arranged and closed by HFF, Brookfield Real Estate Financial Partners has secured a $400 million, seven-year, floating-rate refinance loan from M&T Realty Capital Corp. for a 2,600-unit multi-housing portfolio.
Vornado Refis NYC's 100 W. 33rd for $325M
Vornado Realty Trust’s flurry of activity in Manhattan continues as the REIT wraps up the refinancing of 100 West 33rd St., a mixed-use office property encompassing 1.1 million square feet. The transaction marks the completion of Vornado’s third Manhattan refinancing deal this year.