Southeast

A NAREIT report shows that markets have kept their momentum through 2018 and into 2019.

Globest.com recently asked Philippe Houdard, co-founder of Pipeline Workspaces, to discuss the forces behind the growth in flex space in the Sunshine State and what it means for the future of co-working space here.

The Deutsche Finance America-Bilgili Holding and SHVO joint venture purchased the property in an all cash transaction in partnership with a number of Germany's largest institutions, including Bayerische Versorgungskammer—Germany's largest public pension fund manager.

The GE BioPharma business is currently part of GE Life Sciences, which is headquartered in Marlborough, MA.

This sale follows on the heels of the sale of the 343-room, Liaison Capitol Hill in the District for $111 million.

The portfolio totals 2.3 million square feet and is located in four markets.

The Realtor organization blamed buyer uncertainty caused by the partial federal government shutdown, instability in the stock market and the specter of rising mortgage interest rates as the root causes of the lower sales volume in January.

The transaction with Lone Star Funds increases Kushner's multifamily portfolio to approximately 22,000.