Kilroy Realty completes $226m of value-added acquisitions

by Released | Oct 24, 2019

Kilroy Realty Corp. (KRC) has purchased two properties in Southern California.

High Street Residential and Principal Real Estate Investors sell multifamily building in Austin

by Released | Oct 24, 2019

High Street Residential and Principal Real Estate Investors have sold Crestview Commons, a class A four-story residential building in Austin’s Crestview neighborhood.

Essex spends $414m on three apartment deals in the San Francisco Bay Area

by Andrea Zander | Oct 24, 2019

San Mateo, Calif.-based Essex Property Trust has acquired three apartment complexes in Emeryville, Menlo Park and Redwood City, with the total acquisition cost of $414.7 million, according to the public REIT’s third quarter 2019 earnings report.

Washington, D.C., REIT acquires citizenship and immigration facility in California

by Released | Oct 24, 2019

Easterly Government Properties has acquired a 66,818-square-foot U.S. Citizenship and Immigration Services (USCIS) facility in Tustin, Calif.

Cannabis REIT acquires Illinois properties

by Released | Oct 23, 2019

Innovative Industrial Properties, the first and only real estate company on the New York Stock Exchange focused on the regulated U.S. cannabis industry, has closed on the acquisitions of two properties in Joliet and Kankakee, Ill.

Mixed-use development with tallest building in D.C. region approved

by Andrea Zander | Oct 23, 2019

The Fairfax County (Va.) board of supervisors voted Tuesday to approve the View at Tysons development in Tysons, Va., which will feature the region’s tallest building, reported local media outlets.

Niche interest to increase due to defensive advantages during economic downturn

by Andrea Zander | Oct 23, 2019

Niche transaction activity has exploded in recent years and should continue to grow, according to Cushman & Wakefield.

Single-tenant investments continue to deliver stability

by Andrea Zander | Oct 23, 2019

The stability of single-tenant net-lease retail continues to attract investors, with an increasing number of buyers coming from other property types, reported Marcus & Millichap.

CA Ventures names new MD, enters Italian market

by Released | Oct 23, 2019

CA Ventures has appointed Giuseppe Zafferri as managing director in Italy, as part of its entry into the market.

Carey Watermark REITs merge to create $4.6b hotel entity

by Andrea Zander | Oct 23, 2019

Carey Watermark Investors 1 Incorporated and Carey Watermark Investors 2 Incorporated have merged together to create $4.6 billion lodging REIT Watermark Lodging Trust.

Howard Hughes Corp. to sell $2b in real estate assets following leadership changes

by Andrea Zander | Oct 22, 2019

The Howard Hughes Corp. has announced a series of changes.

Facebook commits $1b, partners with the state of California to address housing affordability

by Andrea Zander | Oct 22, 2019

Facebook has plans to commit $1 billion to help address the affordable housing crisis in California, and in other communities that have similar challenges.

Three Wall Capital and Guggenheim Investments complete acquisition of extended-stay hotel portfolio

by Released | Oct 22, 2019

A partnership between Three Wall Capital and Guggenheim Investments has completed the acquisition of an 18-asset extended-stay hotel portfolio.

Glenmont and Arlington sell apartment development in Tampa

by Released | Oct 22, 2019

A venture comprised of Glenmont Capital Management and Arlington Properties has sold the Canopy Apartments, a 318-unit, class A apartment community in Tampa, Fla.

CA Ventures promotes John Diedrich to global head of investments

by Released | Oct 22, 2019

CA Ventures has promoted John Diedrich to the newly created position of global head of investments.

MetLife Investment Management JV to develop luxury multi-housing project in Portland

by Released | Oct 22, 2019

Working on behalf of the developer, Alamo Manhattan, JLL has arranged a joint venture equity partnership with MetLife Investment Management for the development of Block 40, a 232-unit, luxury multi-housing project in the South Waterfront neighborhood of Portland, Ore.

Shorenstein Properties acquires office campus in Charlotte

by Released | Oct 22, 2019

Shorenstein Properties has acquired a 450,000-square-foot commercial office property from Westcore Properties at 6800 Solectron Drive in Charlotte.

Pop-ups moving into apartments and checking into hotels

by Andrea Zander | Oct 22, 2019

Retailers are expanding into the hotel sector by using the pop-up strategy.

Berkeley Partners purchases two greater Boston flex-industrial properties

by Andrea Zander | Oct 21, 2019

Berkeley Partners has paid $14.55 million for two flex facilities in metro Boston.

Oliver Tyrone Pulver Corp. partners up to develop office tower in Philadelphia

by Andrea Zander | Oct 21, 2019

Oliver Tyrone Pulver Corp. (OTP) has signed a partnership agreement with American Real Estate Partners (AREP) and Partners Group to co-develop Seven Tower Bridge.

Bascom acquires apartment community in SoCal’s San Gabriel Valley

by Andrea Zander | Oct 21, 2019

The Bascom Group has acquired Atrium Apartments, a 39-unit apartment community in El Monte, Calif.

The Dinerstein Cos., Harrison Street acquire six student communities in Berkeley, Calif.

by Andrea Zander | Oct 21, 2019

A joint venture between The Dinerstein Cos. and Harrison Street has acquired six student-housing communities located near the University of California, Berkeley.

Partners Group and Accesso pay $270m for Innovation Park in North Carolina

by Andrea Zander | Oct 21, 2019

Partners Group and Accesso Partners have acquired Innovation Park, a 1.8 million-square-foot office park in Charlotte.

Spirit Airlines to develop new headquarters in South Florida

by Kali Persall | Oct 18, 2019

Spirit Airlines is planning to build a new headquarters in Dania Beach, Fla., the company announced on Oct. 17. The 500,000-square-foot development will cost $250 million over three years.

Cypress Equities plans development of mixed-use property in Wisconsin

by Kali Persall | Oct 18, 2019

Dallas-based Cypress Equities, a commercial development firm, has acquired and recapitalized a 1.2 million-square-foot Bayshore Town Center in Glendale, Wis., a suburb of Milwaukee.