Office

Regency Centers acquired the mixed-use center, The Pruneyard, directly from a joint venture between Ellis Partners and investment funds managed by an affiliate of Fortress Investment Group.

The 99-year ground lease will bring UMass $235 million and has the potential to foster 3.4 million square feet of mixed-use development at the property.

The firm opens its 24th North American office, while announcing its newest regional director.

EQ Office, the US office portfolio operating company owned by Blackstone, acquired two office buildings in Seattle–US Bank Centre and 999 Third Ave.–increasing EQ's investment to 3.1 million square feet.

Michael Davidson at JP Morgan Chase was selected as the 2019 Real Estate Executive of the Year, presented at Manhatta on the 60th floor at 28 Liberty St. in Lower Manhattan.

The joint venture acquisition aims to establish a 1.3-million-square-foot waterfront community in River North Nashville.

The law firm worked with Cushman & Wakefield on behalf of North American Properties to secure the office space.

Deal flow has picked up since the first quarter, Yardi Matrix says, and points out that the drop in the 10-year U.S. Treasury rate to just over 2% could boost sales.