Daily Coverage
Commercial Real Estate Industry News
Self-storage, multifamily, and industrial: market trends, acquisitions, regulatory updates, and AI in real estate, curated daily by David Cartolano.
CTP Agrees to Buy Ares SLP Vietnam Logistics Platform for About $500 Million
CEO Remon Vos tied the bid to China Plus One manufacturing demand, Vietnam's 8.0% 2025 GDP growth, and existing CTP clients already operating in-country. Completion is expected in the coming months if agreed conditions, including regulatory approvals, are satisfied.
Oxford Buys Phoenix's 460,000-SF Sycamore Industrial Portfolio, Scaling to 15 Assets
Ankit Bhatt, Oxford's head of U.S. investments, framed Sycamore as capital recycling into income-producing infill near Sky Harbor. Commercial Observer reported a source put the price near $100 million, with Cushman & Wakefield marketing materials pointing to Link Logistics as seller.
BKM and Kayne Anderson Pay $1.8 Billion for Blackstone Light Industrial Portfolio as SoCal Deals Top $3 Billion
CBRE's Darla Longo said capital believes Southern California industrial is on sale after average Los Angeles asking rents fell to $1.19 per square foot in Q3, down 30% from Q3 2023. Sellers included a closed-end Blackstone fund facing disposition deadlines.