Phoenix Investors, a Milwaukee-based real estate firm focused on the renovation and leasing of former single-tenant manufacturing facilities, has acquired an industrial real estate portfolio from United Furniture Industries that encompasses 13 facilities and two...
Prologis Inc. (NYSE: PLD) is paying $3.1 billion to acquire nearly 14 million square feet of industrial properties from real estate funds affiliated with Blackstone (NYSE:BX). The price on the all-cash transaction represents an approximately 4% cap rate in the first...
The industrial-focused Mexican real estate company Corporación Inmobiliaria Vesta, S.A.B. de C.V., more commonly known as Vesta, has launched its initial public offering (IPO) of 12.5 million American Depositary Shares (ADSs), representing 125 million of its common...
(Today’s guest column is authored by Anthony Luna, CEO of Coastline Equity, a commercial real estate advisory and property management firm based in Southern California. He can be reached at [email protected] or through www.coastlineequity.net.)  Over the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
