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Ares Management Corporation to Acquire GCP International

Ares Management Corporation to Acquire GCP International

by Phil Hall | Oct 8, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Brennan Investment Group Acquires 17-Building Industrial Portfolio

Brennan Investment Group Acquires 17-Building Industrial Portfolio

by Phil Hall | Sep 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Brennan Investment Group, a Chicago-based real estate investment, has acquired Yorkbrook Business Park, a 17-building industrial portfolio located in Lombard, Illinois. The portfolio covers 740,000 square feet across the 17 individual buildings and is located on...
ElmTree Funds Launches Two Industrial Property-Focused REITs

ElmTree Funds Launches Two Industrial Property-Focused REITs

by Phil Hall | Mar 18, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

ElmTree Funds, a St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, announced the launch of two perpetual-life real estate investment trusts (REITs) to acquire and manage a diversified portfolio of U.S. net lease...
Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million

Pennsylvania’s Stafford Avenue Business Park Sells for $6.5 Million

by Phil Hall | Feb 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News

CBRE Group Inc. (NYSE:CBRE) announced the $6.5 million sale of the Stafford Avenue Business Park, a three-building light industrial complex located in Scranton, Pennsylvania. The property is based on an 11.75-acre site and consists of three buildings ranging in size...
Brennan Investment Group Acquires Florida Industrial Facility

Brennan Investment Group Acquires Florida Industrial Facility

by Phil Hall | Jan 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chicago-based Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities, has acquired a 243,650-square-foot facility with an additional 18 acres of contiguous land from Gordon Food Service (GFS) in Plant...
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