International

The acquisition of GRM China will expand Iron Mountain's presence in Beijing, Shanghai, Guangdong, Qingdao, Dalian, Chengdu and Wuhan (including more than 2.5 million cubic feet of storage).

Kennedy Wilson's ownership in CB3 is 50%, with an initial equity investment of €68 million or approximately $79 million. Kennedy Wilson will act as the development and asset manager of the property.

A breakdown of the portfolio traded includes 46 buildings totaling 9.9 million square feet principally in Poland, France and Hungary and 40 buildings totaling 6.6 million square feet primarily in Seattle, Dallas and Chicago.

The New York City-headquartered firm says the distribution center is triple-net leased to Sonae MC, Portugal's leading food retailer.

The Chicago portfolio comprises two premium continuing care retirement communities with approximately 1,100 units operated by Senior Care Development and Life Care Services.

Brookfield Infrastructure, an affiliate of Brookfield Asset Management, has committed to fund half of the required initial equity investment, currently estimated to be approximately $613 million.

The 3,787-unit, Class B portfolio is located around Seattle, Portland, Los Angeles and Denver.

The new group will span 10 regional markets in the U.S., Canada, Mexico and Europe and comprise 17 Avison Young leasing professionals.