Regions
PGIM Real Estate Acquires $425M Industrial Portfolio
The investment manager purchased the 4.7 million-square-foot collection of properties in one of the largest U.S. portfolio transactions since the onset of the pandemic.
JV Sells Boston Office, Lab Complex for $330M
Newmark Knight Frank represented sellers Marcus Partners and The Davis Cos. and procured the buyer of the property, which includes the potential for additional life sciences development.
WAC Debuts High-Tech Modular Lighting System
Designed for both commercial and residential spaces, the STRUT system offers LED illumination in a variety of formats.
Return of RTLs Boosts Liquidity for Smaller Multifamily Properties
Hunter Street Partners’ Neal Johnson on how residential transitional loans can provide much-needed help to property owners.
Employment Recovers Unevenly Across the US
Areas with large outbreaks of COVID-19 earlier in the year and those with tourism-dependent economies have seen the worst employment losses.
Goldman Sachs Invests in Last-Mile Specialist
Elion Partners is the recipient of a strategic investment from the firm’s Vintage Real Estate Partners II fund for a vehicle that largely focuses on logistics assets.
Seasons Healthcare Renews Chicago-Area Lease
The landlord acquired the 179,000-square-foot office building in Rosemont, Ill., in 2017, for almost $18 million.
Kofi Bonner Joins Bedrock as CEO
The former Cleveland Browns executive will officially assume the new position starting September 21st.
BLVD Hospitality JV Buys Iconic Santa Monica Hotel
Hodges Ward Elliott arranged the partnership’s acquisition of The Georgian, a historic 84-key property overlooking the Santa Monica Pier.
Pogoda Closes 2 Michigan Storage Sales
The firm represented two different private investors in transaction totaling more than $11 million.