Newsline

Clarion Partners has sold One Marina Park Drive, a 494,938-square-foot, Tier 1 office tower in Boston's Seaport District, for $435 million to Oxford Properties.

Urban Story Ventures is planning a $350 million retail and residential district within the Bend, a mixed-use development in Chattanooga, Tenn.

Vistry Group has been reconfirmed as a Strategic Partner and has secured a significant direct grant award under the first allocation of funding made available as part of the government’s £39 billion ($53 billion) Social and Affordable Homes Program.

Aberdeen Investments is seeking investor approval to combine the abrdn Real Estate Fund (aREF) and the abrdn Real Estate Feeder Fund with the abrdn Global Real Estate Fund (GREF), creating a flagship global hybrid real estate fund with more than £700 million ($954 million) in assets.

Matt Noland has joined Noble Investment Group as director, capital markets.

Nuveen and Nuveen Green Capital (NGC), a Nuveen affiliate and provider of sustainable commercial real estate financing solutions with more than $6 billion in AUM, have held a first close.

Alterra IOS has acquired five IOS properties in the Atlanta metropolitan area. Collectively, the new properties comprise 32 usable acres and more than 145,700 square feet of accompanying warehouse space, bringing Alterra’s total portfolio across the Atlanta metro area to 28 properties spanning 190 usable acres.

Harrison Street Asset Management (HSAM) has sold Stoneybatter Place, a purpose-built student housing community in Dublin, to asset manager Commerz Real.

Newmark has arranged a $277 million construction loan on behalf of a joint venture between Urby and Rockpoint for 201 Hudson — by Urby, a 748-unit multifamily development planned on the Jersey City, N.J., waterfront.

J.P. Morgan Asset Management has identified six investment themes it expects to shape the U.S. commercial real estate market through the remainder of 2026 and into 2027 and 2028, according to its 2026 Mid-Year Outlook: U.S. Commercial Real Estate.

It appears Texas is taking a page from New York state’s book in its approach to new data center development.

Kern County (Calif.) Employees Retirement Association (KCERA) has committed $160 million to real estate funds, including strategies managed by Hines, TPG Angelo Gordon and Hudson Bay Capital Management.

Resolving enterprise-level data is still an imperative. But it is not among the most immediate hurdles institutional real estate needs to clear to become profitably AI-native. There are three bigger challenges in the field, and all are resolvable if firms approach AI investment with the same discipline they bring to real estate investment: namely, a clear thesis and a focus on measurable returns.

The San Joaquin County (Calif.) Employees’ Retirement Association (SJCERA) has committed $75 million to Hines Rialto Credit Partners.

Soluna Holdings, a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, has closed the purchase of 397 acres in Briscoe County, Texas.

M&G Real Estate has acquired 211 affordable homes from the Hyde Group in West Sussex.

The South Yorkshire JESSICA Fund, managed by CBRE, has completed development loans totalling £16.85 million for schemes in Sheffield and Doncaster, taking total funding deployed by the Fund to more than £100 million.

Australian Retirement Trust has expanded its partnership with Scentre Group, entering into an agreement to acquire a 50 percent interest in the Westfield Mt Gravatt in Brisbane, Australia, from the ASX-listed company.

LDR Capital, part of Lederer Group, has acquired Southpoint, an office and retail property in Brisbane, for A$255 million ($181 million), according to The Courier-Mail.

Real estate investors are navigating a market shaped by higher-for-longer interest rates, shifting portfolio dynamics and the growing influence of artificial intelligence (AI). In an exclusive IREI interview, Brian Klinksiek, LaSalle’s global head of research and strategy, discusses whether real estate deserves a larger role in diversified portfolios, where rent growth may be emerging before it shows up in headline data, and how investors can distinguish genuine market tipping points from compelling but unproven themes. He also addresses where capital can be deployed today despite a delayed recovery, which property sectors could benefit or suffer from AI adoption, and why the investment opportunity surrounding AI may be broader — and more complicated — than simply building data centers.