Tag: REIT

Kimco Takes Full Ownership of 4 Property Portfolio

Perimeter-Expo-Atlanta

Kimco Realty Corp. has recently become the sole owner of a 722,500 square-foot portfolio of shopping centers, including locations in Atlanta, Pittsburgh, Houston, and Washington D.C. The company was willing to put down $170.7 million to lock down the other…

COPT Sells Plymouth Meeting Office Park for $143M

Corporate Office Properties Trust just recently completed the sale of a Class A redevelopment office park for $143 million. This 137-acre office project called the Arborcrest Corporate Campus is located in Plymouth Meeting, Pennsylvania. The office park was sold to…

Carter Validus Completes Three Acquisitions For $56.3M

lakeside hospital

Carter Validus has recently completed three acquisitions that total a large tag of $56.3 million. This deal includes a land parcel, where a new hospital will be developed, a data center, and a specialty hospital. The REIT paid $2.6 million…

Week-In-Review: JLL Expands in South Texas, Steelbridge Closes Largest Office Deal Since 2015,

cre week in review

JLL Expands South Texas Footprint: JLL recently acquired Travis Commercial Real Estate Services, a San Antonio-based firm. JLL selected Travis due to the fact that it wants to expand into central and south Texas markets. This acquisition makes JLL’s property…

Ventas Inc. Acquires Wexford Science & Technology for $1.5B

Ventas Inc., a Chicago based health care property REIT has acquired Wexford Science & Technology’s real estate assets for $1.5 billion. Ventas sold its 9 million shares of its common stock and used that money to purchase Wexford’s assets. The…

Week-In-Review: Anbang’s Wu Cancels Speaking Engagement, Trump Hotel to Launch New Brand Concept

  Anbang’s Wu Cancels Appearance at NYC Real Estate Conference: Beijing based Anbang Insurance Group’s Wu Xiaohui abruptly cancels his appearance at the National Association of Real Estate Investment Trusts’ annual conference in New York City. He was scheduled to…