Portfolio Investment Activity 

Acquisition:

Burlingame Industrial, San Francisco, CA
Purchase of a 56,000 sf industrial property = $31million


Development:

Encore at Forest Park, St. Louis, MO
Development of 246-unit multifamily project = $51 million

Culver City Office, Culver City, CA
Development of 281,400 sf office building = $124 million


Disposition:

Opal at Kew Gardens, New York, NY
Sale of 388-unit multifamily property = $39 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

Terraced Tower Set to Rise Near the High Line At the northern end of the High Line, Tishman Speyer is aiming to extend the park’s wild, natural beauty 65 stories into the air with a $3 billion-plus office tower.
Sun, 07 Feb 2016 21:58:32 EST

Midtown South Office Towers Attract Big Investment Jamestown LP’s deal to buy a 49% stake in 63 Madison Ave. and 200 Madison Ave. is expected to close within days and is among the first big New York City commercial property deals of 2016.
Sun, 07 Feb 2016 22:25:44 EST