Virginia
Acquisition, Bridge Debt Financing Secured for Chicago Data Center Portfolio
A venture between New York-based Safanad, Industry Capital and Element Critical secured debt financing for CH1 and CH2, a two-property… Read more
CMBS Opportunity Zone Properties Exceed $65B, So Far
Since the Opportunity Zone program was enacted though the Tax Cuts and Jobs Act of 2017, more than $65 billion… Read more
W.P. Carey Launches $75M BTS Food Production Facility
W.P. Carey Inc. entered into an agreement with Cuisine Solutions to invest $75 million in a build-to-suit, state-of-the-art food production… Read more
Brookfield Gives Autonomous Vehicles a Test Drive
At a few luxury apartment complexes, renter amenities include access to on-call ride-sharing fleets. Beginning in June, office tenants at… Read more
BREAKING NEWS: Amazon Scraps Plans for NYC HQ2
Days after published reports that Amazon was holding internal discussions about going ahead with plans to build one of two… Read more
Google Plans $13B in U.S. Facility Investments in 2019
Alphabet Inc’s Google plans to spend more than $13 billion on data centers and offices across the United States this… Read more
Q&A: Transwestern’s Pumper Explains Why Houston is So Hot (for CRE Investment)
Don’t miss the first ever Connect Houston event scheduled for February 26, 2019 at The Houston Club. For more information… Read more
Political Tensions Ratchet Up as Amazon Questions LIC Plans
A report in the Washington Post that Amazon may be reconsidering the Long Island City portion of its two-campus scenario… Read more
MBRE Healthcare Boosts Footprint in Washington, D.C. Area
Chicago-based MBRE Healthcare opened its eighth regional office in the greater Washington, D.C. area. The regional office at 20955 Professional… Read more
Transwestern Appoints New Presidents for East, West Regions
Connect Houston is taking place on February 26, 2019. For more information — or to attend — click here. Houston-based… Read more
NYC Family Offices Make Apartment Deal in Downtown Fort Wayne
Besyata Investment Group and the Scharf Group have acquired Three Rivers Apartments in Fort Wayne, IN for $32.25 million. The… Read more
Illinois Needs to Incentivize Data Center Investment: Report
Although Chicago is the nation’s third largest data center market, Illinois has shown significantly weaker growth in the sector than… Read more
New PenFed Credit Union Regional Center Coming to San Antonio
Texas Governor Greg Abbott announced Pentagon Federal Credit Union (PenFed) will open a new Regional Financial Center in San Antonio,… Read more
Welltower Claims 12-Market Hammes MOB Portfolio for $400M
The Hammes Medical Office Portfolio, a 979,000-square-foot, geographically-diverse collection of 23 Class A medical outpatient properties, has traded hands for… Read more
Cybersecurity Operations Hub Likely for Port S.A.
Port San Antonio may be the site of a new cybersecurity operations hub if the Virginia-based company looking to develop… Read more
Broadstone Bags 18-Building Elliott Bay MOB Portfolio
Rochester, NY-based Broadstone Net Lease bought the Elliott Bay National Medical Office Portfolio, an 18-building portfolio of outpatient facilities leased… Read more
Winsupply Adds Regional Distribution Center in Jacksonville
Winsupply Inc. plans to open a new regional distribution center in Jacksonville this year. The national distributor of construction and industrial… Read more
Digital Realty Expands Internet Exchange Platform to Chicago
Data center REIT Digital Realty has expanded its Digital Realty Internet Exchange (DRIX) platform to data centers on Chicago’s South… Read more
Berkadia Arranges Sale, Financing of Virginia Courtyard by Marriott
Virginia-based Palmer Gosnell Hospitality, LLC, and the affiliated asset ownership entity Inns of Historic Fredericksburg, divested the Courtyard by Marriott… Read more