Category Archives: REITs

REIT Under Contract on Durham Multifamily Property, Negotiating LOI on Raleigh Development

Bluerock Residential Growth REIT Inc reported Wednesday that it is negotiating a non-binding letter of intent to acquire a 7.4 acre portion of an apartment community adjacent to Rex Hospital…

Columbia Property Trust Targets 14 Properties for Disposition

Atlanta, GA-based Columbia Property Trust, Inc. reported this week that it is targeting 14 assets for disposition during 2015. In January of this year, Columbia Property Trust acquired the 116…

REIT Acquires Owings Corning Industrial Property in NC for $5.5M

Griffin Capital Essential Asset REIT II Inc has acquired a single story Class A industrial property in Concord, NC leased in its entirety to a subsidiary of Owens Corning, Inc….

Charles River Associates Expanding at John Hancock Tower in Boston

Charles River Associates (NASDAQ: CRAI), a consulting services firm headquartered in Boston, has amended its lease with landlord BP Hancock for space in the building commonly known as the John…

WRIT to Sell Country Club Towers in Arlington for $37.8M

Washington Real Estate Investment Trust (WRIT) reported Monday that it has entered into an agreement to sell Country Club Towers, a 227-unit multifamily property located in Arlington, VA. The contract…

Columbia Property Trust Pays $588M for Three Office Assets

Columbia Property Trust, Inc. has acquired the Spear Street Portfolio, two assets including the 315 Park Avenue South Building in Manhattan, New York, and the 1881 Campus Commons Drive Building…

Baylor Surgical Hospital at Fort Worth Sells for $48.2M

Carter Validus Mission Critical REIT II, Inc. has acquired 100 percent of the fee simple interest in the Baylor Surgical Hospital at Fort Worth, an 83,464 square foot medical facility…

REIT Agrees to Pay $146.8M for 211,170 SF Office Property in Arlington, VA

KBS Real Estate Investment Trust III reported on Wednesday that it has entered into an agreement to acquire 100 percent of the Class A voting units of a single asset…

KBS REIT III Agrees to Pay $116.7M for Ten Almaden in San Jose, CA

KBS Real Estate Investment Trust III, Inc. has agreed to acquire Ten Almaden, an office property containing 309,255 rentable square feet on 1.6 acres of land in San Jose, CA,…

CCIT II Acquires Freeport Property in Phoenix, AZ for $110M

Cole Office & Industrial REIT (CCIT II), Inc. reported this week that it has acquired the Freeport McMoRan property in Phoenix, AZ for $110 million. The property is comprised of…