Portfolio Investment Activity 

Acquisition:

North Perris Industrial, Perris, CA
Purchase of an344,355 sf industrial property = $32 million

 

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BIT News

BIT Breaks Ground at T3 Minneapolis, MN
BIT Hosts Worker Appreciation at National Square Workers thanked for their commitment to excellence at DC project.
BIT Hosts Worker Appreciation Luncheon Union Workers at Playhouse Plaza Thanked for their Commitment to Excellence

Commercial Real-Estate News

New York REIT, JBG Cos. Agree to Merge New York REIT Inc. and JBG Cos. have agreed to merge, forming an $8.4 billion real estate trust focused on the New York City and Washington, D.C., markets.
Thu, 26 May 2016 01:12:07 EDT

Beth Israel to Close Hospital, Open Smaller Facility Downsizing is part of a $550 million plan to respond to changes in health care that the New York City property’s owner says has led to a decline in hospitalizations.
Thu, 26 May 2016 01:08:22 EDT