Regions
KKR Pays $43M for Phoenix Industrial Property
The distribution center marks the global investment firm’s first acquisition in the metro.
Kennedy Wilson Welcomes New Head of Asset Management
Joining the company from Clarion Partners, Claudia Walraven will oversee a 10.5 million-square-foot portfolio.
Top 5 Northeast Markets for Self Storage Development
More than 25 million square feet of storage space was planned or underway in the Northeast as of July.
Retail-to-Logistics Conversions Won’t Be Quick or Easy: Prologis
The report also questions whether shopping center owners will want to forego retail rents for lower industrial rates.
Central California Storage Facility Trades for $12M
The property delivered in 2004 and has more than 100,000 square feet in 14 buildings.
CalSTRS JV Pays $51M for Seattle Office Asset
The 1980-built property last traded in 2018, when owner-occupier Econet sold the building for $21.5 million.
RMR Completes Revamp of DC Medical Property
The company partnered with SmithGroup Architecture and DAVIS Construction for the $26 million redevelopment project.
CIM Group Debuts Gallery Tower in Las Vegas
The project marks the first ground-up hotel to be built in the downtown area in more than 10 years.
Aligned Closes $1B Credit Facility—With Green Strings Attached
The terms of the facility are pegged to the data center provider’s performance on sustainability metrics.
JV Buys New Jersey Office Portfolio for $158M
The acquisition totals 1.5 million square feet across nine buildings in Parsippany and one in Madison.