Tag: REIT

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…

Mensch & Schlemiel: Mark Horgan, Richard Basciano

Mensch  Noun, informal. A decent, upright, mature and responsible person. Schlemiel  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. Mensch of the Week:  Mark Horgan,  Executive VP, CIO of Brixmor Property Group Well, Brixmor Property…