Southeast

Highwoods now owns an 80% interest in the joint venture. The company estimates the project will involve a total investment of $72 million.

“It seems likely that fundraising will become an even more challenging prospect for many managers as competition continues to intensify.”

Invesco, which last week completed the acquisition of MassMutual's asset management affiliate OppenheimerFunds in a deal reportedly valued at $5.7 billion, will be adding 500 jobs and investing $70 million as part of its major expansion in Atlanta.

The next wave of proptech innovation will likely be aimed at modernizing aging buildings across major cities.

The 262-unit mixed-use multifamily community will be in the Hill East submarket.

The fund plans to invest in six projects in designated opportunity zones, including residential developments in Brooklyn and the Bronx, and a shopping center in Connecticut, sources say.

Lalezarian Properties buys 2 acres in downtown Miami for $43 million.

The Class-A facility, located at 150 Whitman Ave. in Edison, will feature 36-foot clear ceiling heights, 23 exterior docks, five trailer positions, parking for up to 62 cars, and one drive-in door.