City Office REIT sells $576m life sciences portfolio in San Diego submarket by Andrea Zander | Dec 8, 2021 Sorrento Mesa City Office REIT has sold its holdings in the Sorrento Mesa submarket of San Diego for $576 million.
Saddleback Mountain partners with Arctaris and Nexamp on 31-acre solar project by Released | Dec 7, 2021 Saddleback Mountain Ski Resort, owned by Arctaris Impact Investors, has engaged with Nexamp for the construction of a new 31-acre community solar farm on its property that will generate 7.36 megawatts of clean energy.
BlackRock and Saudi Aramco partner on one of the world’s largest energy infrastructure deals by Kali Persall | Dec 7, 2021 A consortium led by BlackRock Real Assets and Hassana Investment Co., the investment management arm of the General Organization for Social Insurance in Saudi Arabia, have signed one of the world’s largest energy infrastructure deals with Saudi Aramco.
Shopoff Realty Investments acquires 1,463 acres for development in Calimesa, Calif. by Released | Dec 7, 2021 Shopoff Realty Investments has acquired 1,463 acres of land in the city of Calimesa, Calif., located in Riverside County.
Cordish to sell three East Coast casinos in $1.8b deal with Gaming and Leisure Properties by Released | Dec 7, 2021 Gaming and Leisure Properties (GLPI) has entered into definitive agreements to acquire three casinos.
Bridge Investment Group and the Townsend Group for $400m JV by Andrea Zander | Dec 7, 2021 Bridge Investment Group Holdings and The Townsend Group have signed a definitive agreement forming a joint venture.
Gap widening between supply of new U.S. life sciences real estate and voracious demand by Released | Dec 7, 2021 Demand for new life sciences lab space is outpacing speculative construction in the top 12 U.S. life sciences hubs, as the industry rapidly expands amid a global race for new drug development, according to CBRE.
Heitman: European and North American cities outpace Asia Pacific by Andrea Zander | Dec 7, 2021 London, New York City, Paris and Tokyo retain spots in Heitman Real Estate Securities Group’s (HRES) annual real estate market rankings for its Global Prime Real Estate Securities Strategies.
EnCap Flatrock Midstream makes $350m capital commitment to Elysian by Released | Dec 6, 2021 Elysian Carbon Management has secured an initial capital commitment of $350 million from EnCap Flatrock Midstream (EFM).
NRG closes 4.8 GW asset sale and announces $1b share repurchase program by Released | Dec 6, 2021 NRG Energy has closed the previously announced sale of about 4,850 megawatts of fossil generating assets from its East and West regions to Generation Bridge, an affiliate of ArcLight Capital Partners.