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PITTSTOWN, HAZLETON, and JESSUP, PA—KBS Real Estate Investment Trust II, a non-traded real estate investment trust based in Newport Beach, CA, has sold I-81 Industrial Portfolioin eastern Pennsylvania to Chambers Street Properties, a Princeton, NJ REIT focused on acquiring, owning and operating net leased industrial and office properties.
DENVER—GlobeSt.com reveals photos of Dekker/Perich/Sabatini's winning design-competition entry at last week's Development '14 here in this week's wrap-up of deals.
NEWPORT BEACH, CA—GlobeSt.com is there as AIMCO's Peter Kompaniez, Hines' Ray Lawler and FivePoint Communities' Emile Haddad are recognized by the UCI Center for Real Estate for their achievements in the industry.
The editors of <i>Real Estate Forum</i> gathered information on more than 550 of the best and brightest young professionals in commercial real estate today and narrowed the list down to the cream of the crop
UNION TOWNSHIP, PA—Real estate investment manager Clarion Partners and MRP Industrial, the industrial real estate affiliate of MRP Realty, have acquired the former I-81/I-78 Logistics Park, a planned 129-acre, two-building, 1,502,000 square foot class A industrial center in Union Township, Lebanon County, PA.
NEW YORK--Just over a year after acquiring the class A office property at 2200 West Loop South in Houston's Galleria submarket, New York-based APF Properties has sold the 94 percent occupied 200,000-square-foot property to the building's main office tenant, Tenaris.
PHOENIX–In this edition of Deal-Tracker, Cassidy Turley announces the $7 million sale of Hartford Place located at 8388 E. Hartford Drive in Scottsdale. Locally based Hartford Exchange, LLC and Reems & Greenway LLC purchased the 66,800-square-foot property from Newport Beach-based Buchanan Street Partners.
MIAMI—CBRE's Diana Parker tells GlobeSt.com's Jennifer LeClaire how her team plans to raise the occupancy at Airport Corporate Center from 78% to 90% in a year.