Transactions | Aug 27, 2018 Exeter Property Group purchases light industrial portfolio for $148m by Released Adler Real Estate Partners has sold a 20-building, class A light industrial portfolio totaling 1.25 million square feet in Dallas, Houston, and Charlotte, N.C., for $148 million.
Transactions | Aug 24, 2018 CoreCivic buys government-leased Baltimore office for $242m by Andrea Zander CoreCivic has acquired a 540,566-square-foot Social Security Administration (SSA) office building in Baltimore (SSA-Baltimore) for $242 million.
Transactions | Aug 24, 2018 CommonWealth Partners pays $450m for Boston office building by Andrea Zander CommonWealth Partners has acquired the Pier 4 office building in Boston’s seaport district from developer Tishman Speyer for $450 million.
Fundraising | Aug 24, 2018 American Realty Advisors raises capital for core open-end fund by Jody Barhanovich American Realty Advisors, a Los Angeles–based commercial real estate investment manager, has raised additional capital for its core open-end real estate fund.
Transactions | Aug 24, 2018 Region pays $230m for Jönköping city portfolio by Andrea Zander Fastighets AB Region has acquired seven centrally located office and commercial properties with a rentable area of about 70,000 square meters (753,000 square feet) in Jönköping city, Sweden’s 10th-largest urban area.
Investors | Aug 24, 2018 CCCERA commits $75m to Invesco’s fifth U.S. value-add fund by Jody Barhanovich The $7.61 billion Contra Costa County (Calif.) Employees’ Retirement Association has made a $75 million commitment to a fund managed by Invesco.
Fundraising | Aug 24, 2018 Aermont Capital raises €1.9b for real estate fund by Jody Barhanovich Aermont Capital, an independent asset management business focused on real estate and real estate–related investment activities, has raised €1.904 billion ($2.21 billion) for its fund.
People | Aug 24, 2018 BPM names managing director in firm’s real estate group by Released Accounting and advisory firm BPM has appointed James Su as managing director in the firm’s real estate industry group.
Transactions | Aug 24, 2018 Cobalt Partners plans $200m mixed-use development in Milwaukee by Andrea Zander Cobalt Partners has plans to develop a $200 million mixed-use property in the Milwaukee suburb of Bayside, Wis., as part of its OneNorth project.
Transactions | Aug 24, 2018 Malaysian sovereign wealth fund in talks to sale stake in property JV by Andrea Zander Malaysian sovereign wealth fund Khazanah Nasional has plans to dispose of its 60 percent stake in property developer M+S.
Research | Aug 23, 2018 Coworking poised for significant growth by Andrea Zander Cushman & Wakefield’s Coworking and Flexible Office Space report examines coworking and flexible-office trends and their implication for the commercial real estate industry and its participants.
Investors | Aug 23, 2018 Goodman and CPPIB increase China equity commitment to $5b by Andrea Zander Goodman Group and Canada Pension Plan Investment Board have committed an additional $1.75 billion of equity to the Goodman China Logistics Partnership.
Research | Aug 23, 2018 San Diego office market remains healthy as companies expand by Andrea Zander In the second quarter, the San Diego office market reported positive net absorption again as area companies continue to expand, according to Transwestern.
Investors | Aug 23, 2018 Louisiana SERS commits $30m to income property fund by Jody Barhanovich The $1.9 billion Louisiana School Employees’ Retirement System has committed $30 million to a fund managed by HighBrook Investors.
Transactions | Aug 23, 2018 Digital Realty Trust expands $1b Dallas-area project by Andrea Zander Digital Realty Trust has expanded its Garland, Texas, project.