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Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center

Feds Pay $87.4 Million for Pennsylvania Warehouse to Become Immigration Detention Center

by Phil Hall | Feb 3, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Trump administration has paid $87.4 million purchased a nearly 520,000-square-foot warehouse in Pennsylvania’s Berks County for use as an immigration detention center. ABC27.com reports the warehouse was acquired on behalf of the Department of Homeland Security...
Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million

Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million

by Phil Hall | Feb 2, 2026 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate fund manager Penzance announced its $200 million acquisition of four multifamily properties during the fourth quarter of 2025 that totals 1,100 units over 1.2 million square feet. The properties include the 318-unit Presley Oaks in Charlotte, North...
Killam Apartment REIT Completes $29.6 Million Purchase of Halifax Apartment Complex

Killam Apartment REIT Completes $29.6 Million Purchase of Halifax Apartment Complex

by Phil Hall | Jan 30, 2026 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Killam Apartment REIT (TSX: KMP.UN) has completed the $29.6 million acquisition of Forrest Green Apartments, a 13-storey, 109-suite apartment building located in the Clayton Park section of Halifax, Nova Scotia. Forrest Green was constructed in 1973 and is comprised...
StorageMart Acquires 15-Property Self-Storage Portfolio in NYC

StorageMart Acquires 15-Property Self-Storage Portfolio in NYC

by Phil Hall | Jan 29, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The self-storage company StorageMart has acquired a portfolio of 15 self-storage properties across New York City encompassing approximately 1.3 million net rentable square feet with 25,498 storage units and 121 parking spaces. The financial terms of the deal were not...
Singapore Real Estate Investment Firm Pays $21.4 Million for Connecticut Shopping Plaza

Singapore Real Estate Investment Firm Pays $21.4 Million for Connecticut Shopping Plaza

by Phil Hall | Jan 26, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

An affiliate of a Singapore-based real estate investment group has acquired a Connecticut shopping plaza for $21.4 million. United Hampshire US REIT is the new owner of Wallingford Fair Shopping Center in Wallingford, Connecticut. According to the company, the...
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