Northeast

Kennedy Wilson's ownership in CB3 is 50%, with an initial equity investment of €68 million or approximately $79 million. Kennedy Wilson will act as the development and asset manager of the property.

One reason is that senior housing is becoming a more mainstream investment segment, JLL says.

A breakdown of the portfolio traded includes 46 buildings totaling 9.9 million square feet principally in Poland, France and Hungary and 40 buildings totaling 6.6 million square feet primarily in Seattle, Dallas and Chicago.

Over a four-year holding period, the Mountain/PCCP joint venture nearly doubled the building's occupancy to 95 percent at the time of the sale.

BETHLEHEM, PA—J.G. Petrucci has partnered with Chan and Chan (USA), a Brooklyn based manufacturer of frozen Chinese food, to complete significant…

Oxford Properties released on-trend plans to transform the former warehouse terminal into a modern workspace.

Plymouth Industrial has also signed a definitive agreement to acquire a 1.1-million-square-foot, multi-tenant Class B industrial property in Cincinnati for $24.8 million.

Icahn Enterprises sold Tropicana Entertainment for $1.85 billion and Federal-Mogul receiving $800 million plus Tenneco stock.