Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
In what might be a first in US history, an incumbent president has a building in the nation’s capital named after him. The Washington Post reports the headquarters of the US Institute of Peace (USIP) has the name “Donald J. Trump” attached to its façade. An unnamed...
Chappaqua Crossing, a mixed-use development in the affluent New York City suburb of Chappaqua, New York, has been sold for $76.5 million. The property is situated between the Saw Mill Parkway and Route 117 and is the redevelopment of the former Reader’s Digest...
The board of trustees at Florida’s Miami Dade College voted unanimously to transfer more than two-and-a-half acres of land for the creation of President Donald Trump’s presidential library, marking the second time the school’s trustees approved this transaction. In...
Michigan State University has unveiled “For Sparta,” an initiative designed to raise $1 billion for the upgrade of its athletic facilities. In a statement, the university said the initiative will include a “re-imagined Spartan Stadium, including a new East Tower with...
Scholastic Corporation (NASDAQ: SCHL), the children’s publishing, education and media company, has entered into sale-leaseback transactions for its New York City headquarters and its primary distribution facility in Jefferson City, Missouri, which together are...
Hits and Misses for the Real Estate Week of June 8-12
