REIT
Kaiser Buys Mission Bay Medical Office Building from Alexandria
By Jon Peterson San Francisco-based Kaiser Permanente Northern California has agreed to acquire a 210,000-square-foot, to-be-developed medical office building from Pasadena-based Alexandra Real...
Avant Doubles Its Money with Vara
By Jon Peterson Dallas-based equity investor Berhringer Harvard has paid $100 million for the 202-unit Vara apartment complex in The Mission district of...
Ohio Real Estate Investment Trust Buys Salinas Shopping Center
By Jon Peterson Cincinnati-based Phillips Edison-ARC has paid $22.7 million to buy Salinas’ Boronda Plaza, a not-quite 100,000 square-foot grocery-anchored shopping center. The...
Power REIT Announces Closing of Second Solar Transaction
OLD BETHPAGE, N.Y., July 15, 2013 - On July 12, 2013, Power REIT (NYSE MKT:PW) closed on the previously announced acquisition of approximately...
Midwest REIT Pays $44MM for Apartment Land South of Market
By Jon Peterson Cleveland-based Associated Estates Realty Corp., an apartment landlord with 51 complexes and 13,107 units in 10 states, has acquired a...
LiquidSpace Secures Funding from CBRE and Steelcase
San Francisco, Calif. (May 9, 2013) – LiquidSpace, the web and mobile platform that helps everyone find on-demand office and meeting space, today announced...
Drawbridge Realty Trust Acquires 4600 Patrick Henry Drive in Santa Clara
Santa Clara, CA – May 6, 2013 – Drawbridge Realty Trust has acquired 4600 Patrick Henry Drive in Santa Clara, California. The building, located on...
Boston Properties Builds San Francisco, Exits Downtown San Jose
By Sharon Simonson Even as office landlord Boston Properties aggressively pursues San Francisco office construction, including speculative development, and beefs up its ownership...
Raise the Yellow Flag: Apartment Construction Now a Concern in Many Markets
Apartment builders continue to feverishly build to capitalize on rising rental rates and favorable demographics, but construction is reaching dangerous levels in some...
Ivanhoé Cambridge Acquires 73 Office Buildings in Silicon Valley with Partners TPG and DivcoWest
Montreal, Quebec, March 20, 2013 – Ivanhoé Cambridge continues to develop its U.S. office portfolio and announces an investment in California’s Silicon Valley...
FelCor Seeks Buyers for Embassy Suites in Milpitas
By Jon Peterson Irving, Texas, -based FelCor Lodging Trust Inc. has put the 266-room Embassy Suites Milpitas-Silicon Valley on the market for sale...
