BioMarin Pharmaceutical Inc. will buy its corporate home in San Rafael for $116.5 million.
The company, which in early 2012 moved 350 employees from Novato to the San Rafael Corporate Center, expects to buy the four-building, 315,000-square-foot office complex by Jan....More
Blackstone Real Estate Advisors, L.P., has closed on a 15-property select service hotel portfolio in seven East Coast and Mid-Atlantic states after securing $186 million in acquisition financing....More
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....More
In the largest lease in Tishman Speyer’s history, Banco do Brasil will be taking all 953,000 square feet of office space in the developer’s three-building Green Towers Brasilia project, now under way in Brazil’s capital....More
KBS Real Estate Investment Trust III recently made a big bet in the Chicago market, closing the purchase of the 1.5-million-sq.-ft. Citigroup Center building, which sits atop the Ogilvie train station in the city’s West Loop, for $425 million....More
Realty Income Corp. is closing the year with a bang. The company just announced that it has entered into a definitive agreement to acquire an 84-property portfolio of single-tenant net-leased retail and industrial real estate assets from Inland Diversified Real Estate Trust Inc. The price tag: $503 million....More
SJP Properties announced that Valeant Pharmaceuticals International, Inc., has signed a long-term, 310,000-sq.-ft. lease to occupy the entirety of Somerset Corporate Center IV in Bridgewater, N.J....More
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....More
The Treeline Companies announced today that two new leases totaling 17,793 sq. ft. were signed at 1225 Franklin Avenue Plaza in Garden City, NY. Kraig Silver, executive vice president of The Treeline Companies, made the announcement.
Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the renewal of a 14,000-sq.-ft. lease for New York-based drugstore chain Duane Reade at 198-15 Horace Harding Expressway. Duane Reade will continue to occupy the space at the Cross Path Shopping Center in Queens....More