Meghan Morris
The 50:50 joint venture is part of the firm’s continuing expansion in industrial real estate globally.
Smart investors will have the opportunity to earn out-sized returns, the firm said.
Retail developer Vestar traded Rockwood for AEW as its partner in an Arizona retail joint venture.
The commercial real estate services firm said that third-quarter transactions jumped partly from increased deleveraging activity.
In a new report, the consulting firm said that the commercial real estate industry must push IT investment.
Noble Investment bets that hotels stay hot with its third fund.
The California firm will continue focusing on mixed-use real estate with its fourth fund.
City neighborhoods, not central business districts, are a good bet for investment stability, said industry executives.
The hires of David Pahl, Barry Howell and Thomas Baur will add a greater emphasis to the firm’s commercial real estate strategies.
The firm plans to build a tech hub near the San Francisco airport.