Retail
Savanna, Monday Properties Sell 260 KSF 386 Park Ave. S.
Savanna and Monday Properties have sold a 20-story building in the heart of Midtown Manhattan for reportedly between $110 million and $113 million.
Macerich to Pick Up Two Malls for $1.3B
The Macerich Co. has signed a deal to acquire two New York retail properties, the Green Acres Mall and the Kings Plaza Mall, from Vornado Realty Trust for a total of $1.25 billion.
AXA, Norwegian Wealth Fund Buy Two Buildings in Germany for $981M
AXA Real Estate Investment Managers and Norges Bank Investment Management have agreed to buy two buildings in Germany for a total of $981 million, from the Royal Bank of Scotland Group.
JV Nabs $430M Times Square Gateway Development Site
Construction of the first mixed-use development in Times Square in 25 years can move ahead now that a joint venture of Maefield Development, Infinity Urban Century, The Witkoff Group and New Valley has completed the $430 million acquisition of the site.
On Demand WEBCAST: Finding, Identifying and Investing in Commercial Real Estate Opportunities in Secondary and Tertiary Markets
Join us in this webinar to learn about investing in smaller commercial real estate markets across the U.S. today.
Northwood Investors Buys Metro Denver’s 900 KSF Southlands Town Center
Northwood Investors of New York has acquired a 900,000-square-foot outdoor lifestyle center in Aurora, Colo.
Blackstone Real Estate Fund Raises $13B
The Blackstone Real Estate Partners VII fund has closed after raising $13 billion in 13 months from more than 250 global investors.
Amazon’s HQ in Seattle Sold to — Surprise! — Amazon for $1B
Vulcan Real Estate sold 11 office buildings to Amazon totaling 2 million square feet in the South Lake Union neighborhood.
BIG USA, M&J Wilkow Acquire Interest in 1 MSF Pittsburgh Shopping Center
BIG Shopping Centers USA and M&J Wilkow teamed up to buy 765,000 square feet of a million-square foot shopping center in Pa.
Archstone Partnership Buys Green Apartments in Venice, Calif., for $56M
A partnership sponsored by Archstone has purchased The Frank, an upscale 70-unit apartment property, for $56 million.