Blackstone is no stranger to huge deals, and its latest transaction makes it the owner of 3.5 million square feet of industrial space in the United Kingdom after making a $335 million, 13-property purchase from Prologis.
Blackstone is no stranger to huge deals, and its latest transaction makes it the owner of 3.5 million square feet of industrial space in the United Kingdom after making a $335 million, 13-property purchase from Prologis.
The U.S. General Services Administration has selected the Trump Organization as its preferred team to handle a $200 million redevelopment of the Old Post Office building and annex in Washington’s Federal Triangle neighborhood, turning the structure into a luxury hotel.
The federal government, various state attorneys general and the largest banks in the country have struck a deal that would specify an assortment of mild punishments for the banks’ involvement in robo-signing. And despite discussions, there was still no clarity on the Greece situation coming out of Europe.
BioMed Realty Trust Inc.’s presence in the Boston/Cambridge life sciences market will soon surpass 3 million square feet, now that the life sciences real estate REIT has entered into an agreement to purchase the 287,000-square-foot Cambridge Place in for $119 million.
With the severe budget cuts, and in many cases outright downsizing, hitting all levels of government, are government tenants as desirable to office building managers and owners as they were pre–Great Recession?
Mesa West Capital has provided a partnership involving affiliates of Dune Real Estate Partners L.P. and DiNapoli Capital Partners L.L.C. with a $130 million first-mortgage loan for the refinancing of the 802-room hotel in downtown San Francisco.
Continuing the trend of a high transaction volume in the Texas markets, Core Real Estate and BayNorth Capital Inc. have sold The Plaza at Enclave to an affiliate of Azrieli Group, a real estate development and investment company located in Tel Aviv.
Riverbed Technology, an IT firm in San Francisco, has just found itself a new home with a 167,788-square-foot lease at 680 Folsom St., courtesy a transaction handled by TMG Partners and financial partner Rockwood Capital.
All species of consumer credit increased during the fourth quarter of 2011, according to the Fed. An optimism index published by Investor’s Business Daily improved 1.9 points for February. And the talks in Greece continue, proving to be nail-biting for investors.