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Alexander & Baldwin Acquires Oahu Industrial Property

Alexander & Baldwin Acquires Oahu Industrial Property

by Phil Hall | Sep 24, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Alexander & Baldwin Inc. (NYSE: ALEX), the only publicly traded real estate investment trust to focus exclusively on Hawaii’s commercial real estate sector, has completed an off-market acquisition of an industrial property in Pearl City, Oahu for $29.7 million....
Global Net Lease Sells Two More Properties in Strategic Disposition Plan

Global Net Lease Sells Two More Properties in Strategic Disposition Plan

by Phil Hall | Sep 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City-based Global Net Lease Inc. (NYSE: GNL), a real estate investment trust focused on income producing net lease assets, continued its strategic disposition plan with the sales of The Plant Shopping Center in San Jose, California, for $95 million and the...
Blackstone in Talks to Acquire Retail-Focused REIT

Blackstone in Talks to Acquire Retail-Focused REIT

by Phil Hall | Aug 1, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity firm Blackstone (NYSE:BX) is reportedly in discussions to acquire Retail Opportunity Investments Corp (NASDAQ: ROIC), a real estate investment trust (REIT) focused on retail properties in the Western states. According to a Reuters report sourced...
Lucid Capital Markets Establishes REIT Equity Research Group

Lucid Capital Markets Establishes REIT Equity Research Group

by Phil Hall | Jul 19, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Lucid Capital Markets LLC, a New York City-based broker dealer and investment bank, has launched its REIT Equity Research Franchise with the hiring of Craig Kucera as managing director. In his new role, Kucera will have coverage responsibilities across the real estate...
John Park to Step Down as President at W.P. Carey

John Park to Step Down as President at W.P. Carey

by Phil Hall | Jul 10, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

W.P. Carey Inc. (NYSE: WPC), a New York City-based net lease real estate investment trust (REIT), announced that John Park will step down as president effective Sept. 30. Park joined W.P. Carey as an investment analyst in 1987 and was director of strategy and capital...
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