Brookfield Asset Management (NYSE: BAM, TSX: BAM) announced the completion of its $1.2 billion all-cash acquisition of Peakstone Realty Trust (NYSE: PKST). El Segundo, California-based Peakstone offers a portfolio of more than 70 industrial assets, including...
The national industrial real estate vacancy rate remained in the mid-7% range entering the second quarter and is expected to edge higher into 2027 before rolling into a gradual decline, according to a revised forecast from CoStar Group. Under the revised forecast,...
Vacancy rates for Canadian office and industrial properties declined in the first quarter, according to a new data report from Colliers. National office vacancy declined by 100 basis points year-over-year to 13.6%, which Colliers described as “one of the most...
Tempus Realty Partners, a Little Rock, Arkansas-based real estate investment partnership, has acquired an industrial portfolio totaling $22.2 million. The portfolio includes five assets across two properties spanning a total of 311,158 square feet on 23 acres. One...
Axis Partners, an Atlanta-headquartered real estate investment platform, has partnered with Sweetwater Holdings on the $111 million sale of an 85-acre portfolio comprised of 22 industrial outdoor storage facilities located primarily throughout the Sunbelt states. The...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
