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LONDON—A portfolio leased to Telecom Italia, the assets' strategic nature makes them “an attractive acquisition,” says Guillaume Cassou, head of European real estate at KKR.
BOSTON—The Boston capital markets team of Colliers International reports it recently closed $50.7 million in financing for commercial properties in Somerville, Carver, Peabody and Woburn, MA from three separate sources including a bank, CMBS lender and insurance company.
LOS ANGELES—Held back for decades by restrictive foreign exchange rules while China's economy boomed, Chinese money is now eager to flow out, writes Blank Rome's Mike Margolis in this <b>EXCLUSIVE</b> commentary.
CARLSBAD, CA—Common-area amenities are all the rage in office development, but how about an employee lounge that features widescreen TVs, comfy sofas and a ping-pong table like Hines did with its 2051 Palomar Airport Rd. project here?
KING OF PRUSSIA, PA—Endurance Real Estate Group and its joint venture equity partner, Thackeray Partners, have sold two class A warehouse/flex buildings in King of Prussia to a private REIT.
SAN FRANCISCO–WiredScore 's Wired Certification provides owners, asset managers and leasing brokers with assurance that certified buildings have access to the most reliable Internet services available.