The Blackstone Group

  • Equity Office Secures New Tenant at Chicago Office Building

    Gartner Inc. will be moving its Midwest operations to one of Equity’s River North Point’s assets in order to accommodate its business expansion.

    Chicago 16 February 2018 17:56
  • Blackstone Rearranges Top Execs

    Jonathan Gray has been named president & COO, as Tony James moves into the executive vice chairman slot. In addition, two longtime execs will co-head global real estate, the position Gray is vacating.

    National 15 February 2018 12:17
  • Magellan Completes $375M Investment Strategy

    The company sold two Commerce, Calif. industrial properties for a total of $77.6 million, finishing off its three-year investment, development and disposition value-add plan.

    Los Angeles 14 February 2018 14:18
  • CBRE Global Investors Takes 2 Office Towers in LA Region

    HFF marketed the properties on behalf of the seller and procured the buyer. The Blackstone Group had owned the properties as part of its Equity Office portfolio.

    Los Angeles 01 February 2018 11:45
  • Prologis, Norges Buy 1, Sell More

    The joint venture partners wrapped up the acquisition of a San Francisco-area industrial property and the disposition of a 3.1 million-square-foot national logistics portfolio, which was picked up by a Blackstone affiliate. Together, the transactions involved a total of $310 million.

    National 29 January 2018 12:04
  • Wyndham to Buy La Quinta for $2B

    The transaction will expand Wyndham’s hotel portfolio to 21 brands and more than 9,000 properties, and result in the spinoff of La Quinta’s owned real estate assets into the newly formed CorePoint Lodging Inc., which will hold the distinction of being the only pure-play, publicly traded REIT focused exclusively on midscale and upper-midscale lodging.

    National 22 January 2018 14:19
  • Hudson Pacific to Sell 4 Office Assets for $255M

    Different buyers will purchase the properties, which are located in premier markets in Northern and Southern California. The proceeds will go toward value-add acquisitions.

    Los Angeles 15 January 2018 13:05

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    The new store will feature almost 300,000 square feet of space and is expected to open during the summer of 2019.

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    12 December 2017 18:49
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    After months of negotiations with the community and city legislators, the Obama Foundation has submitted a revised development plan with the City of Chicago for city zoning entitlements, marking the most important step toward breaking ground on the project.

    19 January 2018 21:06
  • Bank of America Renews Charlotte Lease

    The firm will increase its office footprint to a total of 318,000 square feet in the Fifth Third Center downtown.

    12 January 2018 18:29