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MANHATTAN BEACH, CA-Wells Real Estate Investment Trust II acquires the two class A office buildings from a joint venture of Hines and GE Real Estate for an undisclosed sum. Industry sources peg the price at $90 million.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!