Newsline

Inland Real Estate Investment Corp. and Devon Self Storage have completed construction of a 77,600-square-foot class A self-storage facility located in Southfield, Mich.

Despite several high-profile retail bankruptcies pushing the U.S. retail real estate market into negative absorption for the second consecutive quarter, the continued lack of new development and demand for quality retail space kept availability relatively stable in second quarter 2025, according to Newmark.

Direct transaction activity totaled $179 billion in second quarter 2025, rising 14 percent year-over-year, according to JLL in its Global Real Estate Perspective report.

Rubicon Point Partners has held a first close of Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast, with a strategic focus on the San Francisco Bay Area.

The data center sector is seeing surging demand from companies involved in artificial intelligence development and is attracting more institutional capital, according to CBRE’s 2025 Global Data Center Investor Intentions Survey, which surveyed 92 major investors worldwide.

AEW Capital Management, Mack Real Estate Group (MREG) and Soundwater Properties have closed on the acquisition of Disston Plaza, a 129,150-square-foot, Publix-anchored shopping center in St. Petersburg, Fla.

Greystar has appointed Larry Teitelbaum and Ryan Hughes as managing directors on the Americas investor relations team.

According to Inland's mid-year outlook report, the firm maintains that 2025 is still expected to present opportunities in the commercial real estate market.

Macquarie Asset Management (MAM) announced the launch of Summerland Storage Partners.

S2 Capital has acquired Fort Capital, a Texas-based industrial real estate owner and operator.

Apartment Investment and Management Co. (Aimco) has entered into a definitive agreement to sell a portfolio of five apartment properties, totaling 2,719 units, in suburban Boston for $740 million to an affiliate of Harbor Group International (HGI).

S3 Capital, a New York City-based private real estate credit manager, has expanded to Dallas, opening a new office to capitalize on long-term growth opportunities in the multifamily construction sector. The office will be led by Jonathan Hart, a seasoned industry professional with previous roles at Thorofare Capital, Peregren Capital Group, Madison Realty Capital and ACORE Capital. Hart, managing director of originations, S3 Texas, in an interview with IREI, explained that the state’s major metros — Dallas, Houston, Austin, and San Antonio — are benefiting from corporate relocations, domestic and international migration, and favorable tax incentives, all of which are fueling rental housing demand. Despite headwinds like high interest rates and construction costs, Texas offers unique development advantages, such as flexible zoning in Houston and emerging land-use reforms. Suburban migration and changing renter preferences — like demand for remote-work-friendly and larger layouts — are reshaping the market, especially in build-to-rent communities. 

Rosewood Hotels & Resorts has announced its Rosewood Dubai, alongside Rosewood Residences Dubai.

Warburg Pincus, through the Warburg Pincus Asia Real Estate Fund (WPARE), has committed to acquiring two prime logistics properties – I Missions Park Inzai (IMP Inzai) and Logitres Sano from Mitsui Fudosan Logistics REIT through a bridge financing structure.

LuxView Properties has sold The Venue at Orange, a new 328-unit multifamily property in Redlands, Calif., to Sentinel Real Estate Corp. for $148 million.

Morgan Stanley has plans to invest in Australia’s mid-market commercial real estate sector by backing a new A$500 million ($323 million) lending facility, Pallas Funding Trust No. 5 (PFT5), led by non-bank lender Pallas Capital, reported Financial Review.

A partnership has been established between Mitsubishi Estate Asia Pte. Ltd., McNab, and RW Capital to deliver the A$175 million ($113 million) Elements Budds Beach residential development on the Gold Coast, a coastal city in southeast Queensland, Australia, just south of Brisbane.  

Cohen & Steers Income Opportunities REIT (CNSREI) has acquired Deer Valley Towne Center, a community shopping center in the Deer Valley submarket north of Phoenix.

CapitaLand Integrated Commercial Trust (CICT), Singapore’s first and largest diversified REIT, has entered into unit purchase agreements with CapitaLand Development Ltd. (CLD) and Mitsubishi Estate Co. (MEC) to acquire their respective 45 percent and 10 percent interests in the commercial component of CapitaSpring for 55 percent of the agreed property value of S$1.9 billion ($810 million).

M&G Real Estate has made its first investment in South Korea’s living sector, picking up a set of Seoul apartments for KRW 24.3 billion ($17.4 million), reported Mingtiandi.