Research Center
ProLogis, AMB in Merger Talks
The two firms are considering a potential teaming of equals in which the two firms would combine in an all-stock, at-market transaction.
South Florida Retail Center Fetches $66M in Sale to REIT
New owner Federal Realty Investment Trust cited the property’s densely populated Broward County trade area as well as its significant redevelopment potential.
CNL Acquires 29 Senior Housing Communities
The real estate investment trust marks its entry into the market with a transaction valued at $630 million.
Harrison Street Launches Securities Division
The acquisition of Transwestern Securities Management, a division of Transwestern Investment Co., brings the firm to a combined assets under management of more than $2.7 billion.
Duke Wins Bid for Industrial Portfolio
In an all-cash transaction, the REIT acquired two properties totaling 582,840 square feet in the teeming Port of Houston.
FACE Files Registration Statement for All-Cash REIT Status
The company plans to mine the U.S. market for triple net-leased real estate, as well as mortgages secured by such properties.
KBS REIT II Purchases National City Tower
The shopping spree continues for KBS Real Estate Investment Trust II Inc. with the purchase of National City Tower, a 723,300-square-foot office building in downtown Louisville, Ky. KBS acquired the premier property from Meridian Realty Investments L.L.C. in a $115 million transaction that marks the REIT’s Kentucky debut.
Duke Spearheads Deals Totaling Nearly $1B
With plans to inch away a bit from the suburban office market and focus on industrial assets, the company has agreed to sell a 3.1 million-square-foot office portfolio to joint venture partner CB Richard Ellis Realty Trust and acquire a 4.9 million-square-foot group of predominantly industrial properties from Premier Commercial Realty.
ProLogis to Sell $505M Portfolio
Taking yet another step in its restructuring strategy, ProLogis has arranged to sell a portfolio of retail, mixed-use and ground lease assets located in the U.S.
HCP Closes $1.5B Public Offering
The healthcare property REIT will use a portion of the proceeds to help finance the acquisition of HCR ManorCare Inc.’s 338-property portfolio of real estate assets in a $6.1 billion deal.