Regions
KBS Buys $86M Denver Office Complex
KBS Strategic Opportunity REIT has purchased the Westmoor Center office complex in the Westminster submarket for $86 million. …
Equity, Blackstone Sell New England Executive Park for $216M
The New England Executive Park, a 10-building office park in suburban Boston with more than 1 million square feet and approved for another 750,000 square feet of new development, was acquired for $216 million by Charles River Realty Investors and National Development.…
Morgan, DRA Buy 620-Unit Northampton Apartments in Largo, Md.
The 620-unit Northampton Apartments in Largo, Md., located roughly 15 miles outside of Washington, D.C., has come under new ownership. Acting in a partnership, Morgan Properties and DRA Advisors acquired the multi-family property from Equity Residential for approximately $95 million.…
$2B Deal to Transform Old London Docks into Innovation Hub
London is getting ready to redevelop London's Royal Docks, a $2 billion project dubbed Silvertown Quays, which will be the second phase in the redevelopment of the Silvertown area.…
CIM, Kushner Buy 466 KSF Office Building in Lower Manhattan from Savanna
CIM Group and Kushner Cos. have purchased the 26-story office building at 2 Rector St. in Manhattan’s Financial District from Savanna.…
1 MSF Suburban New Orleans Office Property Changes Hands for $150M
Lakeway Center, a 1.2 million-square-foot office property in Metairie, La., just outside of New Orleans, has come under new ownership. …
$40B Transoceanic Canal Project Resurfaces in Nicaragua
An initiative for the construction of a new canal between the Pacific and the Caribbean is underway after a century of hibernation. …
Oxford Properties to Develop Office High-Rise in Downtown Toronto
Oxford Properties Group has unveiled plans to develop the new 40-story Ernst & Young Tower in the heart of downtown Toronto.…
New JV to Invest $100M for Recap, Ownership of Chicago’s Prudential Plaza
The iconic 2.2 million-square-foot Prudential Plaza in Chicago will be upgraded and repositioned thanks to a $100 million recapitalization and ownership change at the Class A office towers in the city’s East Loop neighborhood.…
World’s Tallest Twisted Tower Unveiled in Dubai
Cayan Investment and Development has inaugurated the world’s tallest twisted building: Cayan Tower. Previously called the Infinity Tower, the 1,017-foot-tall residential tower joins other record-breaking structures in Dubai Marina, such as the world’s tallest hotel – JW Marriott Marquis – and the world’s tallest residential tower – Princess Tower –…
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