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Taconic pays $220m for two buildings in Manhattan

by Andrea Zander | Aug 21, 2019

Taconic Investment Partners has agreed to pay $220 million for two office and television production buildings totaling 513,437 square feet in Manhattan’s Upper West Side area, reported Commercial Observer.
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Blue Atlantic Partners III closes on $140m

by Kali Persall | Aug 21, 2019

Atlanta | Pacific Companies, a real estate operating company, and privately-held real estate asset manager Blue Arch Advisors have raised $140 million at the first close of their co-sponsored fund.
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Harman Realty forms JV with Olympia

by Released | Aug 20, 2019

Harman Realty has appointed Olympia Hotel Management to manage the new Hyatt Place Harrisonburg in Harrisonburg, Va.
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CIM Group buys Austin tower

by Andrea Zander | Aug 20, 2019

CIM Group has acquired Chase Tower, a 21-story, approximately 390,000-square-foot, class A office building with ground-floor retail in downtown Austin.

Cap rates for commercial real estate assets stable in H1 2019

by Andrea Zander | Aug 20, 2019

An advantageous balance of moderate growth, low inflation, and falling long-term interest rates in the United States kept capitalization rates for commercial real estate assets broadly stable in the first half of 2019, according to the latest research from global property adviser CBRE.
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Data center REIT CyrusOne in M&A talks

by Kali Persall | Aug 19, 2019

CyrusOne, a data center REIT based in Dallas, is thinking about selling the business to a group of private investors, Bloomberg reported Aug. 16.
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$250m Manhattan tech hub breaks ground

by Released | Aug 19, 2019

The New York City Economic Development Corp. and RAL Development Services have broken ground on the Union Square Tech Training Center.
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