Eastdil Secured
DJM, Gaw Capital Purchase Iconic Hollywood Retail Complex
The private equity firms have teamed up to acquire the 463,000-square-foot shopping center from CIM Group. The property also houses the venue for the Academy Awards ceremony.
Jamestown Buys Levi’s San Francisco HQ for $820M
The investor scooped up the nine-building, 931,160-square-foot asset from Gerson Bakar & Associates in one of the city’s biggest-ever office deals. Eastdil Secured arranged the sale.
EXAN Capital Buys DC Trophy Office Asset for $119M
Akridge and Alcion Ventures sold the 104,000-square-foot property at 1701 Rhode Island Ave. NW, formerly known as the YMCA National Capital building. Coworking giant WeWork occupies the entire structure.
New York Life REI Partnership Sells Bay Area Office Building
The buyer is planning interior and exterior improvement to the roughly 160,000-square-foot One Bay and has selected Cushman & Wakefield to handle the leasing.
CTP to Receive $2B for Czech Industrial Portfolio Refi
Czech developer CTP has reached an agreement with multiple lenders, marking the largest real estate transaction in Central and Eastern Europe this year.
Eastdil Secured Names 2 Managing Directors
Matt McCoy brings more than 20 years of experience to the firm’s Charlotte, N.C., office, as Will Silverman joins the New York team following tenure at Hodges Ward Elliott.
Eastdil Secured to Go Private in Management Buyout
The financial services firm will sell its majority stake to Eastdil Secured’s management in partnership with Temasek Holdings and Guggenheim Investments. The deal is expected to close later this year.
Blackstone to Double US Industrial Footprint in Record $18.7B Deal
The company agreed to purchase assets from three GLP funds, building on growing e-commerce demand. The deal is being called the largest-ever private equity real estate transaction.
Gemini Rosemont Buys Silicon Valley Campus for $171M
The firm acquired a four-building office park in Santa Clara, Calif., from The Sobrato Organization. The 386,707-square-foot property is 100 percent leased.
Bain Capital Sells Boston-Area Life Science Asset for $128M
Located in Cambridge, Mass., the property is close to both Harvard and the Massachusetts Institute of Technology.