Institutional Real Estate Newsline
April 18, 2011: Vol. 19, Number 16Buy For $65.00 Add to Cart
- CBRE Investors Buys New Jersey Office Buildings for $310 Million
CBRE Realty Trust Completes Second Phase of Duke Office JV
CB Richard Ellis Realty Trust, a public nontraded REIT sponsored by CB Richard Ellis Investors, has closed on its acquisition of the second phase of its joint venture with Indianapolis-based Duke Realty Corp. (NYSE: DRE).
Illinois TRS Approves New Asset Allocation Plan
The board of trustees of the $34.6 billion Teachers’ Retirement System of the State of Illinois (TRS) has approved a new asset allocation plan.
LaSalle Raises £150 Million for U.K. Junior Loan Program
LaSalle Investment Management has raised £150 million ($245 million) for a junior loan program targeting properties in the United Kingdom.
Savills Forms U.S. Asset Management Firm with Silverpeak Real Estate
Savills has formed Savills Liberty Street Asset Management, an asset management company to serve its clients in North America.
SL Green Refinances Manhattan Office Tower
SL Green Realty Corp. (NYSE: SLG) has refinanced 3 Columbus Circle, a 768,565-square-foot office building in Manhattan.