Deals: archive
Every Deals story in Real Estate, newest first. 667 stories
9 stories
Wonderful sells its technology tenant a third Shafter building
In a leasing market that gives occupiers the options, the cleanest exit for a landlord is selling to the one tenant with a reason to stay.
Brea office clears at $205 a foot, vacancy included
A 30-day sale of a building 29.5% empty shows who bids on non-trophy office, and how the price gets set.
SL Green keeps Nearwater's rent and inherits a vacancy
Nearwater Capital's 37,563-square-foot lease at 245 Park empties 17,000 square feet at One Vanderbilt, same landlord, and the backfill is the truer read.
Prologis pays $49M for JFK warehouse, and the comp says Wildflower took the bid
The sale clears Wildflower's $48.1 million Barings bridge loan by $900,000, and comes in above the last Queens industrial comp, making College Point the better read on borough pricing.
29th Street's $104 million Aurora basis clears at $72.5 million
A conservative agency-financed buyer paid 30% below the 2022 price for Peakline at Copperleaf, a mark for where Denver apartment underwriting now sits.
Colliers closes sale of a two-tenant Ohio industrial box to Minneapolis REIT
At 257,120 square feet, SR Realty Trust is buying a rent roll with two names on it, a narrower bet than the spec sheet suggests.
CBRE brokers 204-unit Sammamish sale for Nuveen, no price or buyer named
A 2002-vintage Sammamish asset pitched on bidding depth arrived without a price or a buyer, leaving the rent-spread bet behind the trade unverified.
Volta Global's two-year loan is a bet on the mall next door
A floating-rate note maturing around 2028 prices a 1979 Hialeah strip center against the 800 apartments going up next door, not against its tenants.
Sagard buys the warehouse Atlanta data centers will never build
A 400,800-square-foot Fulton Industrial acquisition shows how a competing land use has become the most durable part of an industrial rent roll.
11 stories
Stewards' $240M Broward purchase is priced in $3 stock
A brand-new Nasdaq listing becomes acquisition currency, and the sellers taking the shares are the ones underwriting Stewards' equity.
Ballston's office round trip was a leasing trade, not a repricing
Piedmont paid nearly twice a 2024 distress basis for 4075 Wilson Boulevard, and the spread came from the leasing office rather than the capital markets.
Prologis bets Chicago's constraint is dirt, not demand
Sixty-nine acres beside a rail hub under construction is the unmarked half of industrial pricing, and Prologis isn't saying what it paid.
IRT buys a quarter of itself; the Midwest gets a stock mark
An $8.1 billion apartment combination is an integration bet first and a Midwest pricing event second, and the private market is likely to misread which is which.
Realty Income keeps the European platform; KKR pays €528 million for 49 percent
KKR's €528 million buys a minority interest in assets Realty Income will keep running, and gives other US net-lease platforms a template for raising capital without selling anything.
Harrison Street trades priced beds for 2029 delivery risk
A $230 million, 700-bed university partnership gives Harrison Street its first PPP deal, weeks after it sold Dublin student housing and rebuilt its capital-raising bench.
Lincoln and PGIM build a North Texas medical platform
Two Class A Dallas-Fort Worth medical buildings, 103,000 square feet and 84% leased, give Lincoln a North Texas healthcare platform and leave the deal hanging on the vacant 16%.
CapitaLand buys a Hong Kong hotel to seed a bed-rent platform
The HK$2.3 billion ticket is a conversion underwrite; the room count that would let anyone check the yield is missing.
Fortress Bought 40 Buildings the Tape Had Written Off
The firm's real estate equity head says San Francisco multifamily was bought at roughly half of pre-COVID pricing, which leaves the recovery trade done and the liquidity question wide open.
Speed Bay's shallow-bay ramp hits three million square feet
A platform launched in June has already assembled three million square feet of a product that trades one building at a time, and scarcity is both its rent story and its ceiling.
Hamilton Lane's retail check is a bet on Stockdale
The $157 million Chino Hills trade prices a submarket thesis at roughly $415 a foot, with the seller and the equity split undisclosed.
13 stories
Catalina Section 8 clears at $139,419 a unit on a loan assumption
The $8.64 million sale closed with a ground lease, HUD consent, a HAP assignment, and a loan assumption; the assumption kept it out of the repricing queue.
JLL IPT pays $450 a foot for duration in Roseville
A $19 million medical-outpatient purchase rests on a 12-year lease from an unnamed anchor, making tenant credit the whole bet.
KKR takes 49 percent of Realty Income's European net-lease portfolio for $608 million
With Realty Income keeping 51 percent and the management contract, the 17-year venture prices European net-lease income at 5.9 percent and gives the REIT private capital without repricing its equity.
NewQuest builds Katy center on anchor credit, not absorption
At 95% pre-leased before three anchors open, the $400 million question is whether the last 5% is small-box space nobody is queuing for.
Thornton clears Evergreen's Creekside Gardens, reopening the pipeline the tap freeze parked
Evergreen Devco's 416-unit Creekside Gardens clears Thornton's council, converting a stalled suburban pipeline into a dated delivery window that land buyers can price.
For medical office sellers, the real exit buyer is the health system next door
South Broward Hospital District's $69 million purchase of a 1980s Hollywood campus shows who actually clears on-campus clinical product.
Healthcare Realty buys medical income and a Chapel Hill entitlement
The $56 million covers leased, rated cash flow and a five-acre site that earns nothing yet—the thesis and the risk in one purchase.
Machine buys North Dallas apartments in a lender-sourced reset
A 490-unit Park Central trade shows where opportunistic apartment capital is finding basis while the refinancing wall grinds on.
HIH's Düsseldorf club deal leaves a family inside the trade
A withheld price and a retained interest suggest the benchmark for German CBD office is still being written by sellers, not buyers.
GPT buys Brisbane's Golden Triangle for the rent roll
A 95.5 percent leased tower with a 3.8-year expiry ladder leaves GPT one lever: re-pricing the rent roll.
PGIM's Asia Pacific logistics run reaches six deals and $630 million
The Saitama purchase keeps a value-add vehicle's pipeline visible, but at $105 million a building the test is finding the next asset, not funding it.
Berkshire takes sole control of MF1 and the seller's lending bench
Sole ownership puts every credit call and the work still ahead on an eight-year loan book under one signature.
Clarion triples its European AUM with a platform stake
A majority stake in Stoneshield buys living, student housing and digital infrastructure reach faster than assembling buildings one entitlement at a time.
7 stories
All-cash bidders price a Rochester building off Mayo's payroll
A $7.27 million trade is small enough to skip, which is exactly why its bid count is the cleanest read on what employer adjacency is worth in Midwest apartments.
An $83 million Oregon apartment trade keeps its yield private
Two complexes clear at a blended $189,500 a unit, with no published cap rate for either.
Grand Peaks, PCCP buy Beaverton's West End District on agency debt
With no price published and a 2021-22 vintage under Freddie Mac paper, the trade's upside lives in the spread and the retail rent roll, not in rent growth.
Patriot's racetrack play is an Amazon-adjacency land trade
The 110 acres pencil only because the 1.2-million-square-foot warehouse next door resets what Mays Landing land is worth.
Brennan starts 210,000-square-foot spec industrial north of Nashville
A five-suite shell on 17 acres bets on Nashville's small-bay demand, and on whatever else lands in the market before the building opens.
Fengate and Mavrek break ground on a 380-unit West Loop bet with no rent roll
Julep West Loop delivers into early 2028, making it a location trade rather than an operations one, and the corner has to hold until then.
Sansone's 3PL funding program is worth more than the warehouse
A fully leased build-to-suit is unremarkable industrial news until you notice it is the first deal out of a funding initiative aimed at a trade association's membership rolls.