Portfolio Investment Activity* 

Acquisitions
400 South Hope, Los Angeles, CA
Purchase of a 709,122 sf office property = $313 million

Alameda Landing, Oakland, CA
Purchase of a 165,777 sf retail property = $125 million

Developments

MacArthur Commons, Oakland, CA
Development of 395-unit multifamily project = $176 million

Miller Cypress Apartments, South San Francisco, CA

Development of 260-unit multifamily project = $144 million

The National Apartments, Philadelphia, PA

Development of 192-unit multifamily project = $65 million

*Most recent as of June 30, 2016. Transactions listed here are not a complete list of transactions for 2016 but contain a sampling of transactions during this time period. A complete list of transactions may be provided on request.


 

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BIT News

AFL-CIO Building Investment Trust Announces New Job Creating Development With Exciting New Video Wolf Point East is to be a 66-story, 750-foot tall mixed-use skyscraper that will generate nearly 300,000 hours of union construction work.
AFL-CIO Building Investment Trust & Joint Venture Partner Break Ground In St.Louis Missouri's labor community joined politicians, and real-estate developers to celebrate the groundbreaking of the second BIT multifamily residential project in St. Louis, Encore.
AFL-CIO Building Investment Trust & Joint Venture Partner Break Ground In Culver City The labor leaders of Southern California joined politicians, real-estate developers, and representatives of the AFL-CIO Building Investment Trust (BIT) to celebrate the groundbreaking of the Culver City Creative office.

Commercial Real-Estate News

A 'Cathedral to Manufacturing' Is Reborn Entrepreneurs working in robotics, artificial intelligence technology and connected devices work in early 20th century space that once hosted a leading technology of its day—shipbuilding.
Wed, 28 Sep 2016 23:44:25 EDT

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Thu, 29 Sep 2016 06:26:50 EDT