Global real estate investment firm Mapletree has sold a nearly 1.4 million-square-foot, shallow bay logistics portfolio spanning 19 properties in four U.S. states for $207.5 million.
The company that saved tween retailer Claire's from liquidation has leased a warehouse outside of Chicago for the chain, which is bolstering its distribution network as it attempts a rebound.
Albertsons Cos. is closing two stores in the North Texas region, an area that grocers are helping become the nation's top market for new retail construction.
An activist investor is targeting Atlanta-based cold storage provider Americold Realty Trust, calling for the ouster of its chairman and a possible sale of some or all of the company amid a prolonged downturn in the sector.
At first glance, Hines' recent purchase of a sprawling self-storage facility on the outskirts of downtown Chicago is a contrast to the gleaming office towers or luxury storefronts for which it is known.
Bathhouse has signed a nearly 55,000‑square‑foot lease at 6400 Sunset Blvd. in Hollywood, marking the New York–based wellness brand’s first West Coast flagship location. The 25‑year lease is set to start in July.
Davis Cos. sold an Amazon distribution center on the former Boston Market Terminal site for $155 million, generating a sizable profit in less than a decade.
Volailles des Cantons, a family-owned poultry farm located near Roxton Pond known for raising chickens without antibiotics or animal products, purchased a renovated cold-storage facility at 1591 Ch. Sainte-Claire in Terrebonne's Rive-Nord area, as part of an owner-user transaction.
A $132 million redevelopment of a former Greyhound bus station in Richmond, Virginia, is set to move forward, adding apartments and retail to one of the city's most in-demand neighborhoods.
Two of the most active buyers of suburban Chicago multifamily properties have added another 270 units to their portfolio with a deal south of the city.
Landlord GGP is set to close its second major mall refinancing on the commercial mortgage-backed securities market this year, underscoring lender appetite for well-occupied regional malls despite broader retail hurdles.
Industrial real estate investment trust Prologis has acquired Cotton 303 Logistics Center in Glendale, Arizona, from Heitman for $104 million, or approximately $114 per square foot.
Bond Street REIT, based in Charleston, South Carolina, has acquired The Shops at Civic Center, a 25,690-square-foot, three-building retail center in Gilbert, Arizona, from a private investor for $10.8 million, or approximately $420 per square foot.
A historic office building steps from the tourist-and-entertainment hub of Times Square has secured $203 million in financing, clearing the way for its conversion into a residential property.
A federal agency that manages the country's forests intends to relocate its headquarters from Washington, D.C., to Salt Lake City, marking yet another government bureau seeking to shift operations within or out of the nation's capital.
A joint venture including Canopy Real Estate Partners and TBBG Investments has acquired The Sonoran Townhomes, a 36-unit multifamily complex in Mesa, Arizona, from a private investor for $13.39 million, or $371,944 per unit.