Regions
Blackstone Takes 3.5 MSF of U.K. Industrial from Prologis
Blackstone is no stranger to huge deals, and its latest transaction makes it the owner of 3.5 million square feet of industrial space in the United Kingdom after making a $335 million, 13-property purchase from Prologis.
BioMed Realty Trust Takes Cambridge Place for $119M
BioMed Realty Trust Inc.’s presence in the Boston/Cambridge life sciences market will soon surpass 3 million square feet, now that the life sciences real estate REIT has entered into an agreement to purchase the 287,000-square-foot Cambridge Place in for $119 million.
Mesa West Provides $130M to Refi Hyatt Regency San Francisco
Mesa West Capital has provided a partnership involving affiliates of Dune Real Estate Partners L.P. and DiNapoli Capital Partners L.L.C. with a $130 million first-mortgage loan for the refinancing of the 802-room hotel in downtown San Francisco.
TMG, Rockwood Sign San Francisco Technology Tenant to 168 KSF Office Lease
Riverbed Technology, an IT firm in San Francisco, has just found itself a new home with a 167,788-square-foot lease at 680 Folsom St., courtesy a transaction handled by TMG Partners and financial partner Rockwood Capital.
Skanska Signs $120M Construction Contract for Indiana Manufacturing Project
Industrial Contractors Skanska, the resulting entity of Skanska’s acquisition of Industrial Contractors Inc. just one month ago, has entered into its first contract to provide construction services for a manufacturing project in Indiana for $120 million.
TIAA-CREF Spends $58M on Grocery-Anchored Connecticut Retail
TIAA-CREF picked up Kings Crossing Shopping Center in Fairfield, Conn., from previous owner HH East Parcel L.L.C., an entity led by Summit Development.
Notes from Davos: Taking a Global View
After spending time at the World Economic Forum at Davos, Jones Lang LaSalle’s CEO of the Americas, Peter Roberts, sees flexibility as a key for the commercial real estate industry.
Wells Core REIT Acquires 201 KSF Maryland Office Building
Wells Core Income REIT has acquired the Franklin Center, a 200,600-square-foot office building in the Baltimore submarket of Columbia, Md., from Principal Real Estate Investors.
SL Green Completes Pieces of $416M Transaction Announced in October
In two separate transactions, SL Green finalized previously announced deals in its prime hunting ground, Midtown New York City.
Clarion Partners Buys Pair of Back Bay Office Buildings for $87.1M
On behalf of a separate-account client, real estate investment manager Clarion Partners has acquired two adjoining office buildings in Boston’s Back Bay for $87.1 million. The 13-story buildings total 184,000 square feet.