The Blackstone Group

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  • Blackstone Affiliate Sells UT Retail Center for $33M

    Newmark Knight Frank has completed the sale of Red Rock Commons, a 134,152-square-foot retail center in St. George, on behalf of Shopcore.

    West 18 October 2017 20:18
  • NKF to Lease Iconic DC Office Building

    A joint venture between Boston Properties, Blackstone and Equity Office selected NKF to handle the leasing of Metropolitan Square. The company will also be in charge of marketing initiatives to rebrand and reposition the building.

    Washington Dc 09 October 2017 18:38
  • First Look at the $500M Willis Tower Redevelopment

    Blackstone and Equity Office are bringing the former Sears Tower into the 21st century with a mega-makeover that will turn the iconic office building into a modern workspace with leisure amenities, technology and experiential dining.

    Chicago 06 October 2017 14:18
  • Coastal Ridge Enters TN Market With $57M Acquisition

    In a partnership with H. Katz Capital, the company purchased The Preserve at Forest Creek, a 414-unit community in Memphis. Blackstone subsidiary LivCor sold the asset.

    Midwest 06 October 2017 07:00
  • CPE’s Top 5 Articles in September

    Miss out on any CPE stories in September? Here are five of our most popular articles for the month, including major executive news from Starwood and Blackstone, as well as a report analyzing Hurricane Harvey's impact on Houston multifamily.

    National 02 October 2017 13:57
  • Blackstone Closes International Market Centers Acquisition

    The company purchased the world's largest owner and operator of premier showroom space for the furnishings, home decor and gift industries from Bain Capital Private Equity and funds managed by Oaktree Capital Management.

    Las Vegas 28 September 2017 11:05
  • Celebrating 30: Blackstone, Wells Fargo Make $23B Buy

    We're celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate's history. This week: Blackstone and Wells Fargo's mega-deal with GE Capital. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.

    National 26 September 2017 17:29

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    Upon closing, 13,640 square feet were vacant, but have since been leased. BGP Designs occupies more than half of the 35,500-square-foot building, which changed hands for $3.5 million.

    12 December 2017 18:32
  • Celebrating 30: The Rise of CMBS

    We're celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate's history. This week: The birth and rise of CMBS. Stay tuned for our weekly posts and follow along with us on social media using the hashtag #CPETurns30.

    28 June 2017 15:51
  • Wonderful Spec Project Underway in Central Valley

    The 1 million-square-foot building, which will sit within the 1,600-acre Wonderful Industrial Park in Shafter, Calif., is one of only a few developments of its kind in the market.

    20 September 2017 12:41
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  • Paradise Valley Buys Phoenix Retail Center for $11M

    The 54,430-square-foot Pueblo Point Shopping Center is situated in an infill location, with high barriers to entry for other potential retail developments. The area's demographics are favorable, with an average household income of more than $92,000 within a five-mile radius.

    11 December 2017 18:49