May 18, 2016 10:06 AM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisition of three grocery-anchored shopping centers, expanding the Company’s portfolio in Texas, California and Georgia. Stone Gate Plaza is a 90,643 square foot grocery store-anchored shopping center in Crowley, Texas, a suburb 15…

May 19, 2016 16:28 ET | Source: Griffin Capital photo-release EL SEGUNDO, Calif., May 19, 2016 (GLOBE NEWSWIRE) -- Griffin Capital Corporation (“Griffin Capital”) announced today, on behalf of Griffin Capital Essential Asset REIT II, Inc. (the “REIT”), the acquisition of a 142,700 square-foot office and R&D facility fully leased to NETGEAR, Inc. (“NETGEAR”) (NASDAQ:NTGR)…

May 17, 2016, 8:08am CDT | Houston Business Journal A Houston-based real estate investment firm bought a multifamily property in the Memorial City area with plans to eventually develop a mixed-use project on the site. Moody National Cos. bought the 164-unit Le Renaissance apartment community from Texas Pinnacle Apartments for an undisclosed price, according toTranswestern’s…

KBS Strategic Opportunity REIT Inc., a publicly registered non-traded business development company, entered into an agreement to purchase 353 Sacramento in San Francisco for $169.5 million plus closing costs. The seller, Pacific EIH Sacramento LLC, is not affiliated with the company. Built in 1982, the class A, 284,800-square-foot office building sits on 0.35 acres of…

May 13, 2016 — 4:52 AM EDT | by Jack Sidders | Bloomberg An office building leased by Morgan Stanley in London’s Canary Wharf district is being offered for sale by U.S. real estate company Hines as part of a $5.5 billion property portfolio disposal, according to a person with knowledge of the matter. The Houston-based company, which…

May 12 2016 | by DI Wire KBS Strategic Opportunity REIT, a publicly registered non-traded real estate investment trust, purchased the Westpark Portfolio in Redmond, Washington for $128 million. “The dynamic location of the Westpark Portfolio presents a compelling opportunity for KBS, and tenants will enjoy the live-work-play environment, mass-transit options and accessibility,” said Jeff…

Alts leader exceeds $250 million mark in direct lending for 14th consecutive quarter 09:03 ET from Franklin Square Capital Partners | PR Newswire PHILADELPHIA, May 12, 2016 /PRNewswire/ -- Franklin Square Capital Partners (Franklin Square), a leading alternative investment manager, announced that its business development company (BDC) direct lending platform committed over $370 million to private deals…

Market Wired | May 11, 2016 12:25 ET Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently purchased a self storage facility located in the Sacramento-Roseville Metropolitan Statistical Area (MSA). The five-building facility totals approximately 530 units and approximately 61,200 rentable square feet. "We are excited to…

April 28, 2016 03:00 PM Eastern Daylight Time OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Income Trust, Inc. (“Inland Income Trust”) announced today the acquisition of the 311,313-square-foot Coastal North Town Center in North Myrtle Beach, South Carolina, located approximately 123 miles north of Charleston. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, Inc.,…