Global CRE Investment

The coronavirus has brokers guessing as to how this will affect leasing in the short term, and Avison Young says leasing activity is likely to have a degree of decline in transaction volumes compared to pre-crisis expectations.

Arden Group is acquiring a portfolio of assets from Avistone of Laguna Niguel, CA. The portfolio is spread across San Antonio and Dallas, TX; Atlanta, GA and Columbus, OH.

"During these uncertain times that impact all of us in personal ways, our ability to support each other, our people and our communities will ensure we emerge from this crisis stronger than before," says Joe Erlinger, president of McDonald's USA.

Real estate services firm Cushman & Wakefield has appointed commercial real estate veteran Pay Wu as the New York Tri-State Regional Lead for Global Occupier Services.

Madison International Realty, a real estate private equity firm, has closed its commingled investment fund the Madison International Real Estate Liquidity Fund VII, with $1.2 billion of equity commitments, including sidecars, co-investment vehicles and general partner commitments.

Dealpath received a strategic investment from Blackstone, and the partnership provides Dealpath with industry experience and expertise from Blackstone's real estate and innovations teams.

Jay Hennick, Global chairman and CEO of Colliers International, says, "The transaction establishes us as a major player in the engineering design and consulting sector in the U.S., providing us with another important engine for growth."

In February, US port volumes are projected to be nearly 13% lower when compared with the same period last year and 9.5% lower in March, according to a new Transwestern report.