• Macerich Closes First of Three Giant Joint Ventures

    The Macerich Co. has closed on a previously announced joint venture with GIC, in which the regional mall REIT contributed a 40 percent interest in four properties.

    National 03 November 2015 15:41
  • January 2015 – Briefs/Sales & Development

    Blackstone Sells IndCor Properties to GIC for $8B; Massachusetts Ballot Initiative Opens Door to $800M MGM Resort in Springfield; BGC’s Acquisition of ARA to Drive NGKF’s M-H Growth; Jamestown Grabs 220 KSF Cambridge Office Building for $136M; MG, Florida East Coast Realty & Corigin Plan 60-Story Condo Tower in Miami; Miami Worldcenter to Add 60-Story Condominium Tower; Ivanhoe Cambridge, Callahan Capital Buy 2 Seattle Office Buildings for $280M; TIAA-CREF Buys 21 Penn, 2 Herald Square in Midtown Manhattan.

    National 22 December 2014 16:21
  • GLP Co-Invests with GIC on $8B IndCor Purchase

    Global Logistics Properties Ltd. is making a big move into the United States industrial market by taking a 55 percent stake in a deal with GIC to buy IndCor Properties from Blackstone for $8.1 billion.

    National 10 December 2014 15:31
  • GIC Boosts U.S. Assets with $8B IndCor Industrial Portfolio from Blackstone

    Blackstone decided to skip a planned IPO for IndCor Properties and sell the 117 million-square-foot industrial platform to GIC instead. Here’s why.

    National 03 December 2014 15:16

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