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CBRE Agrees to Buy Data-Center Contractor Onnec in Deal Worth Up to $1 Billion

CBRE Agrees to Buy Data-Center Contractor Onnec in Deal Worth Up to $1 Billion

by John G. Stevens | Oct 20, 2026 | Commercial Real Estate News, Current News & Events, Tech Trends

CBRE has agreed to pay £460 million, about $610 million, for London-based data-center infrastructure contractor Onnec Group. The company could pay another £300 million ($400 million) if Onnec meets growth targets over several years. The acquisition announced October...
Grand Peaks Pays $85.25 Million for 424-Unit Beaverton Mixed-Use Community

Grand Peaks Pays $85.25 Million for 424-Unit Beaverton Mixed-Use Community

by John G. Stevens | Sep 13, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News

A 424-unit mixed-use community in one of the Portland area’s largest employment corridors has sold for $85.25 million, adding another sizable multifamily transaction to Oregon’s late-summer deal flow. CBRE announced that Grand Peaks acquired West End...
Another Attempt Planned to Get a Buyer for the Vacant San Francisco Centre

Another Attempt Planned to Get a Buyer for the Vacant San Francisco Centre

by Phil Hall | Aug 10, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A new effort is underway to attract a buyer for the San Francisco Centre, the once-grand 1.5 million-square-foot mall that was shuttered in January. In a LinkedIn post, Kati Thabit, a vice president on the CBRE Northern California Capital Markets team, stated that her...
San Francisco’s Bay Club Acquires Full City Block for $65 Million

San Francisco’s Bay Club Acquires Full City Block for $65 Million

by Phil Hall | May 1, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

San Francisco’s Bay Club, which made history in 1977 as the nation’s first co-ed gym, announced the $65 million acquisition of the full city block that has been home to its flagship facility for nearly five decades. The acquisition encompasses three adjacent...
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million

169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million

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

The Henry, a 169-unit multifamily community in the New York City suburb of Pomona, New York, has been sold for $63.7 million. Completed in 2001 and partially renovated between 2015 and 2019, the property consists of townhouse-style apartments with private entrances...
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