TPG Real Estate, a San Francisco-based alternative asset management firm, was joined by three investment partners in acquiring ECHO Realty, an owner/operator of grocery-anchored retail real estate, in a transaction valued at approximately $2 billion....
Terreno Realty Corp. (NYSE: TRNO) has acquired a San Francisco industrial property for approximately $25.9 million. The 3.8-acre property is an industrial distribution building in the city’s India Basin section. It encompasses approximately 65,000 square feet provides...
BKM Capital Partners and the investment firm Kayne Anderson Real Estate have acquired a 51-property, 8.5 million-square-foot portfolio from the Link Logistics portfolio for $1.81 billion. The acquired portfolio includes multi-tenant light industrial properties across...
The delinquency rate for commercial mortgage-backed securities (CMBS) inched up by one basis point to 7.55% in May, according to new data from Trepp Inc. One year ago, the CMBS delinquency rate was 7.08%. Five large loans accounted for $1.86 billion of the $4.04...
SL Green Realty Corp. (NYSE: SLG) announced the sale of Manhattan’s 10 East 53rd Street office tower for $312.2 million to Meadow Partners, a real estate investment manager specializing in global middle-market transactions. According to the company, the sale will...