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PROREIT Acquires 2 Industrial Portfolios for $136.8 Million

PROREIT Acquires 2 Industrial Portfolios for $136.8 Million

by Phil Hall | Jul 2, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has completed its $136.8 million acquisition of two industrial portfolios located in Quebec City, Quebec and Winnipeg, Manitoba. The Quebec City portfolio comprises 13 industrial properties totaling 611,924...
Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion

Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion

by Phil Hall | Jul 1, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) has announced its $1.65 billion acquisition of Giant Eagle Inc., a food and pharmacy retailer with approximately $9 billion in annual sales and 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West...
421-Unit Multifamily Community in NYC Suburb Sold to US-Japan Joint Venture for $237 Million

421-Unit Multifamily Community in NYC Suburb Sold to US-Japan Joint Venture for $237 Million

by Phil Hall | Jul 1, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment firm Kennedy Wilson has partnered with the Japanese firms Kenedix Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in the New York City suburb of West Harrison, New York, for $237 million. The Westchester...
Report: Carlisle Made Unsolicited Acquisition Offers for Owens Corning

Report: Carlisle Made Unsolicited Acquisition Offers for Owens Corning

by Phil Hall | Jun 29, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Scottsdale, Arizona-based building products manufacturer Carlisle Companies Inc. (NYS: CSL) has made multiple unsolicited offers to acquire roofing products provider Owens Corning (NYSE: OC), according to a Wall Street Journal report sourced from unnamed “people...
Sunstone Hotel Investors Sells the Hyatt Regency San Francisco for $279 Million

Sunstone Hotel Investors Sells the Hyatt Regency San Francisco for $279 Million

by Phil Hall | Jun 23, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sunstone Hotel Investors Inc. (NYSE: SHO), a lodging real estate investment trust, announced the sale of the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate (NYSE: BX), for a gross sale price of $279 million, or approximately...
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