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KATY, TX—The Shoppes at Parkwest | Katy will ultimately be built on 40 acres consisting of a combination of junior anchors, small shop retailers, restaurants, entertainment and service users.
CHICAGO—The local submarket has seen less new construction that the I-55 or I-88, and this effort will be the only new building with more than 200K available in the area.
PASADENA, CA—Alexandria Real Estate Equities leases 1.9 million square feet of science and technology space in 2Q15, the highest leasing volume in the company's history.
NEW YORK CITY—The building owner, in conjunction with Walton Street Capital, have signed a 10-year lease that will keep an original tenant at 237 Park Ave. in place.
WYOMISSING, PA—Gaming and Leisure Properties' revised bid would create what it says is the third largest triple-net REIT by enterprise value; Pinnacle's board says the plan is under review.
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.