Investment
Cole Acquires 234 KSF HQ for Hillshire Brands Co. for $98M
Cole Real Estate Investments has acquired The Hillshire Brands Co.’s headquarters in the West Loop of Chicago’s CBD on behalf of Cole Corporate Income Trust Inc. for $98 million. …
Hines Purchases LA’s 325 KSF Campus at Playa Vista for $218M
Hines Global REIT Inc. has added the Campus at Playa Vista, a 325,000-square-foot office complex in the Playa Vista neighborhood of West Los Angeles, to its portfolio.…
ULI Special Report: The Money Market
Investors on two ULI capital markets panels evaluate opportunities both domestically and abroad, and track the flow of foreign capital.…
IIT Buys 808 KSF Industrial Building in Mesa, Ariz.; Pays Cash
Industrial Income Trust, of Denver, a non-traded REIT, has purchased the 11-building, 808,400-square-foot Broadway 101 Commerce Park in Mesa, Ariz., for $77 million in a cash deal.…
ULI Special Report: Across the Generations
While the Baby Boomers and Gen Y sit at opposite poles, that doesn’t make it necessary to choose between them as targets for housing or retail. In fact, according to analysis at last week’s Urban Land Institute Spring Meeting, the two groups—those in the process of entering the ranks of…
ULI Special Report: Gen Y Goes Shopping
As retailers and shopping center owners strive to attract Gen Y consumers, the Urban Land Institute's latest study offers some insight into their likes, dislikes and shopping habits.…
Douglas Emmett Buys Beverly Hills Office Building from Larry Flynt for $89M
Douglas Emmett now owns more than one-fifth of the Class A office stock in Beverly Hills, Calif. The REIT just acquired the 225,000-square-foot property at 8484 Wilshire Blvd. from Larry Flynt for $89 million, bringing its total presence in the submarket to 1.6 million square feet.…
Alliant Capital Purchase, New Co-CEO Give Ares a Trifecta
In its second and third major moves in less than a week, Ares Commercial Real Estate REIT has agreed to acquire EF&A Funding Alliant Capital for $63 million in cash and stock, and has also named a new co-CEO, Todd Schuster.…
CBRE Global Investors Fund Buys Hotel in San Jose
CBRE Strategic Partners U.S. Value 6 fund is making its first hotel acquisition with the purchase of the San Jose Marriott, a 506-room, full-service hotel attached to the San Jose Convention Center.…
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