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SAN DIEGO—The retail REIT began assembling its portfolio in 2010; CEO Sabin says the team is “pleased to see our efforts validated through this transaction with Blackstone.”
DALLAS—With an understanding of the Michigan pension plans' objectives, “we worked with them to create a specific program designed to meet their goals,” says Laurie Dotter, president of Transwestern Investment Group.
NEW YORK CITY—The real estate services firm has agreed to advise new companies in the sector through the start-up resources program of a major local university.
PHILADELPHIA, PA–CBRE prescribed a sale for two Rite Aid Pharmacy locations in Eastern Pennsylvania, one in Philadelphia and the other in Carlisle. And the same medicine is in store for two other locations that CBRE is listing.
Leases for medical practices, including one expansion at Heights Plaza, financing for multifamily property purchases and construction, and several multifamily sales are among the news items in this week's Deal Tracker.
PARSIPPANY, NJ—Although the number of Fortune 500 companies headquartered in the Garden State is down to 19, blue-chip tenants across many industries still play a key role in the steady improvement of New Jersey's office market, according to Matthew Dolly, Transwestern's research director for New Jersey.