Los Angeles and New York — CBRE Global Investors (NYSE: CBRE) has formed a joint venture with Brookfield Property Partners (NASDAQ: BPY) to purchase three super-regional malls totaling 3.7 million square feet from General Growth Properties (NYSE: GGP).
CBRE Global Investors
CBRE Global Investors, Universal-Investment Purchase Mixed-Use Property in Miami Beach for $283 Million
Miami Beach, Fla. — CBRE Global Investors and German investment company Universal-Investment have purchased 1111 Lincoln, a 146,327-square-foot mixed-use property in Miami Beach.
CBRE Global Investors Fund Acquires The Shops at Glen Pointe in Suburban Chicago
Glenview, Ill. — A fund advised by CBRE Global Investors has acquired The Shops at Glen Pointe, a grocery- and fitness-anchored shopping center located in the Chicago suburb of Glenview.
Calabasas, Calif. — A global asset management firm has acquired the 89,074-square-foot center.