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Chambers Street Properties acquired four industrial buildings in the I-81 / I-78 Corridor of Eastern Pennsylvania from KBS Real Estate Investment Trust II. The Newport Beach, CA-based REIT sold its I-81 Industrial Portfolio for $105.7 million, or about $64 per square foot. The portfolio of core properties includes four industrial buildings totaling...
One can forgive commercial property owners if they seem a bit giddy lately. Just four short years ago, their property values had been cut in half in the wake of the crippling global economic recession...
Simon Property Group (NYSE: SPG), in what could be a prelude to a takeover bid of a smaller rival, disclosed it has accumulated a 3.6% ownership stake, or 5.71 million common shares, this year in The Macerich...
U.S. life insurers are a key investor group in the commercial and multifamily mortgages sector. As of the second-quarter of this year, life insurers were on pace for a second consecutive record year of...
From iconic luxury shopping destinations such as Rodeo Drive in Beverly Hills to rising U.S. "high streets" such as Miami's Lincoln Road, high-end urban retail centers are trading at their highest per...
TD Bank has signed a long-term, 200,000-square-foot lease to become the office and retail anchor tenant at One Vanderbilt, a 67-story tower proposed by SL Green Realty Corp. (NYSE: SLG) near Grand Central...


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