CoStar http://nreionline.com/taxonomy/term/37321/more en Time Warner Sells HQ for $1.3B, Plans Move to Hudson Yards http://nreionline.com/time-warner-sells-hq-13b-plans-move-hudson-yards <div class="node-body syndicated_content-body">In the latest example of foreign capital’s willingness to swoop in to pick off U.S. trophy assets, funds from Singapore and United Arab Emirates have joined Related Cos. in paying $1.3 billion for Time Warner Center, a 1.1 million-square-foot office property in Manhattan.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2014/01/NYC_time_warner.jpg?1390578573" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/time-warner-sells-hq-13b-plans-move-hudson-yards" target="_blank">read more</a></p> http://nreionline.com/time-warner-sells-hq-13b-plans-move-hudson-yards#comments CoStar Investment New York Office Fri, 17 Jan 2014 19:49:00 +0000 533591 at http://nreionline.com Host Hotels Sells 89% Stake in Ownership of Philadelphia Marriott Downtown for $270M http://nreionline.com/host-hotels-sells-89-stake-ownership-philadelphia-marriott-downtown-270m <div class="node-body syndicated_content-body">Host Hotels & Resorts LP (NYSE: HST) sold an 89% stake in its ownership interest of the Philadelphia Marriott Downtown for $270.03 million, or about $215,000 per room, in a deal that values the hospitality asset at $303.4 million.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2014/01/marriott-philadelphia-downtown.jpg?1391466120" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/host-hotels-sells-89-stake-ownership-philadelphia-marriott-downtown-270m" target="_blank">read more</a></p> http://nreionline.com/host-hotels-sells-89-stake-ownership-philadelphia-marriott-downtown-270m#comments CoStar Hotel Philadelphia Sales Wed, 15 Jan 2014 16:49:00 +0000 521201 at http://nreionline.com Hess To Spin Off or Sell 1,250 Convenience Stores http://nreionline.com/hess-spin-or-sell-1250-convenience-stores <div class="node-body syndicated_content-body">Hess Corp. believes its retail subsidiary is being overshadowed by the oil conglomerate's refining operations and has decided to pursue a dual path to separate out is convenience store business; one through a potential spin off into a separate company, or two through the outright sale of the business.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2014/01/Hess-convenience-store.jpg?1389806744" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/hess-spin-or-sell-1250-convenience-stores" target="_blank">read more</a></p> http://nreionline.com/hess-spin-or-sell-1250-convenience-stores#comments CoStar Net Lease News Retail Wed, 15 Jan 2014 16:13:00 +0000 513421 at http://nreionline.com Boxer Boosts Dallas Holdings to Nearly 6 Million SF With 11-Building Farmers Branch Office Acquisition http://nreionline.com/boxer-boosts-dallas-holdings-nearly-6-million-sf-11-building-farmers-branch-office-acquisition-0 <div class="node-body syndicated_content-body">In one of the largest single acquisitions in its 21-year history, Houston-based Boxer Property added the 11-building, 817,000-square-foot Centre Office Park to its Dallas-area holdings.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2014/01/Dallas_centre-campus-office-park.jpg?1389379361" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/boxer-boosts-dallas-holdings-nearly-6-million-sf-11-building-farmers-branch-office-acquisition-0" target="_blank">read more</a></p> http://nreionline.com/boxer-boosts-dallas-holdings-nearly-6-million-sf-11-building-farmers-branch-office-acquisition-0#comments CoStar Dallas Investment Office Fri, 10 Jan 2014 17:23:00 +0000 506331 at http://nreionline.com Federal Realty Acquires Two Monmouth County Shopping Centers for $161M http://nreionline.com/federal-realty-acquires-two-monmouth-county-shopping-centers-161m <div class="node-body syndicated_content-body">Federal Realty Investment Trust (NYSE: FRT) has acquired controlling interest in two Monmouth County, NJ shopping centers for total consideration of $161 million, or about $564 per square foot.</div><fieldset class="fieldgroup group-images"> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/federal-realty-acquires-two-monmouth-county-shopping-centers-161m" target="_blank">read more</a></p> http://nreionline.com/federal-realty-acquires-two-monmouth-county-shopping-centers-161m#comments CoStar Investment Retail Washington D.C. Tue, 07 Jan 2014 22:40:00 +0000 498881 at http://nreionline.com Prologis Forms $1B JV with Norges Bank in the U.S. http://nreionline.com/prologis-forms-1b-jv-norges-bank-us <div class="node-body syndicated_content-body">Just weeks after closing a multi-million U.S. office joint venture, Oslo, Norway-based Norges Bank has formed a $1 billion joint venture in U.S. industrial properties with Prologis Inc.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2013/12/norges-prologis.jpg?1388500956" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/prologis-forms-1b-jv-norges-bank-us" target="_blank">read more</a></p> http://nreionline.com/prologis-forms-1b-jv-norges-bank-us#comments CoStar Industrial International Investment REITs Thu, 26 Dec 2013 16:10:00 +0000 473221 at http://nreionline.com NorthStar Realty Invests $340M in RXR Realty http://nreionline.com/northstar-realty-invests-340m-rxr-realty <div class="node-body syndicated_content-body">NorthStar Realty Finance Corp. closed on a strategic $340 million investment in RXR Realty, a leading real estate operating and investment management company focused on the New York City Tri-State area.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2013/12/NYC_237-Park-Ave_0.jpg?1388501175" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/northstar-realty-invests-340m-rxr-realty" target="_blank">read more</a></p> http://nreionline.com/northstar-realty-invests-340m-rxr-realty#comments CoStar Finance & Investment Investment New York Thu, 26 Dec 2013 16:08:00 +0000 475751 at http://nreionline.com Essex, BRE Finally Come to Terms On $4.3B Merger http://nreionline.com/essex-bre-finally-come-terms-43b-merger <div class="node-body syndicated_content-body">After a long courtship, Essex Property Trust Inc. (NYSE:ESS) and BRE Properties Inc. (NYSE:BRE) have agreed to merge for $4.3 billion in cash and stock.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2013/12/essex-bre-labels_0_0.jpg?1388691186" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/essex-bre-finally-come-terms-43b-merger" target="_blank">read more</a></p> http://nreionline.com/essex-bre-finally-come-terms-43b-merger#comments CoStar Investment Multifamily News REITs Fri, 20 Dec 2013 16:06:00 +0000 467111 at http://nreionline.com Rockrose Closes on $105M Acquisition at the Madison Square Bldg http://nreionline.com/rockrose-closes-105m-acquisition-madison-square-bldg <div class="node-body syndicated_content-body">Rockrose Development Corp. has acquired the commercial portion of the Madison Square Bldg. at 15 E. 26th St. in New York City from Savanna Real Estate Fund for $105 million, or about $700 per square foot.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2013/12/NYC_15-E26.jpg?1388163181" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/rockrose-closes-105m-acquisition-madison-square-bldg" target="_blank">read more</a></p> http://nreionline.com/rockrose-closes-105m-acquisition-madison-square-bldg#comments CoStar Investment New York Office Freemium Tue, 17 Dec 2013 21:00:00 +0000 455941 at http://nreionline.com CWCapital Sells Rivergate Buildings for $104M http://nreionline.com/cwcapital-sells-rivergate-buildings-104m <div class="node-body syndicated_content-body">Related Group acquired Rivergate Plaza and Rivergate West in Miami, FL for $104 million, or about $344 per square foot, from CWCapital Asset Management LLC, a subsidiary of CW Financial Services LLC, as special servicer.</div><fieldset class="fieldgroup group-images"> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="" src="http://nreionline.com/site-files/nreionline.com/files/uploads/2013/12/Miami_Rivergate-Plaza.jpg?1387471583" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="http://nreionline.com/cwcapital-sells-rivergate-buildings-104m" target="_blank">read more</a></p> http://nreionline.com/cwcapital-sells-rivergate-buildings-104m#comments CoStar Miami Office Sales Freemium Mon, 16 Dec 2013 21:15:00 +0000 446491 at http://nreionline.com