Research | Mar 25, 2014 Retail warehouses look strong in United Kingdom, Czech Republic by Reg Clodfelter New research from Henderson Global Investors tracks projected growth of retail warehouse space over the next five years in various European countries and compares that with the expected growth in retail spending over that same period.
Transactions | Mar 25, 2014 IN-DEPTH: Worthe buys Burbank office for $109m by Andrea Waitrovich Worthe Real Estate Group has paid $109 million for Tower Burbank, a 486,972-square-foot office building at 3900 W. Alameda Ave. in Burbank, Calif. Here's an in-depth look at the deal.
Transactions | Mar 24, 2014 IN-DEPTH: Utah pension fund buys D.C. office by Andrea Waitrovich Utah State Retirement System has purchased a stake in an office building at 90 K St. NE in Washington, D.C. Here's an in-depth look at the deal.
Investors | Mar 24, 2014 KPERS commits $40m to CBREGI fund by Andrea Waitrovich The $15.66 billion Kansas Public Employees Retirement System approved a $40 million commitment to CBRE Strategic Partners U.S. Value Fund 7, managed by CBRE Global Investors, at its March 14 meeting.
Investors | Mar 24, 2014 New York Common makes $340m follow-on commitment by Andrea Waitrovich The $173.2 billion New York State Common Retirement Fund has made a follow-on commitment to a value-added real estate fund, according to its January 2014 monthly transaction report.
Investors | Mar 24, 2014 NJDI invests $100m in Och-Ziff real estate fund by Andrea Waitrovich The $76.5 billion New Jersey Division of Investment has made a first-time commitment to the Och-Ziff real estate fund series.
MassPRIM to vote on RFP for real estate consultant by Reg Clodfelter At a March 19 meeting , the real estate and timberland committee of the Massachusetts Pension Reserves Investment Management Board voted unanimously to make a recommendation to the PRIM Board to approve the issuance of an RFP for general and project real estate consulting.
Transactions | Mar 21, 2014 Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included an apartment complex and an office property.
Transactions | Mar 20, 2014 IN-DEPTH: Oaktree JV pays $103m for Florida office complex by Andrea Waitrovich A joint venture between Banyan Street Capital and Oaktree Capital Management bought a five-building project in Florida from Pearlmark Real Estate Partners. Here's an in-depth look at the deal.
Transactions | Mar 20, 2014 IN-DEPTH: J.P. Morgan buys Philadelphia apartment complex by Andrea Waitrovich J.P. Morgan Asset Management has purchased Edgewater Apartments in downtown Philadelphia. Here's an in-depth look at the deal.
Research | Mar 19, 2014 U.S. office sector set for strong 2014 by Reg Clodfelter With GDP growth in 2014 expected to exceed 3 percent for the first time since 2005, the U.S. office market will likely build on a strong 2013 and see office vacancies hit a six-year low, according to the 2014 National Office Report from Marcus & Millichap.
Investors | Mar 19, 2014 PSERS invests $200m in real estate by Andrea Waitrovich The $50.4 billion Pennsylvania Public School Employees' Retirement System has committed $100 million each to two separate funds.
Fundraising | Mar 18, 2014 J.P. Morgan raises $70 million for second Indian fund by Andrea Waitrovich J.P. Morgan Asset Management Global Real Assets has raised $70 million for its J.P. Morgan India Property Fund II, according to a filing with the SEC.
Investors | Mar 18, 2014 San Diego commits $70 million to real estate by Reg Clodfelter The $6.5 billion San Diego City Employees' Retirement System has committed $50 million to Carlyle Realty Partners VII and $20 million to CBRE Strategic Partners U.S. Value Fund VII.
FOMC to meet in March, expected to stay the course by Reg Clodfelter On March 18 and 19, the Federal Open Market Committee will have the second of its eight scheduled meetings for 2014, during which it sets monetary policy for the Federal Reserve System.
Transactions | Mar 18, 2014 IN-DEPTH: Chinese asset manager partners on Chicago office purchase by Andrea Waitrovich Hong Kong-based Cinda Capital Management has partnered with Zeller Realty Corp. to purchase 311 S. Wacker Drive in Chicago. Here's an in-depth look at the deal.
Transactions | Mar 18, 2014 IN-DEPTH: Vornado sells L.A. retail center for $260m by Andrea Waitrovich Vornado Realty Trust has sold Beverly Connection, a 335,000-square-foot shopping center in Los Angeles, for $260 million. Here's an in-depth look at the deal.
Investors | Mar 17, 2014 Florida to invest up to $600m in noncore real estate in 2014 by Reg Clodfelter The $176.4 billion Florida State Board of Administration is looking to invest up to $600 million in noncore strategies in 2014, according to Dennis MacKee, director of communications with the board.
Transactions | Mar 17, 2014 IN-DEPTH: CIM pays $296m for L.A. property by Andrea Waitrovich CIM Group has paid $295.7 million for Two California Plaza in downtown Los Angeles.
Transactions | Mar 17, 2014 IN-DEPTH: Gaw acquires stake in downtown Kansas City by Andrea Waitrovich Gaw Capital Partners has acquired a stake in a downtown Kansas City, Mo., office building from Executive Hills Management.
