EQT Exeter Real Estate Income Trust (EQRT) has completed the acquisition of a prime industrial site in Torrance, California, for $51.5 million. The 76,007 square-foot facility is situated on a 9.6-acre plot within the highly sought-after South Bay submarket of Los Angeles. Currently fully leased to a Fortune 50 food and beverage giant, the property serves as a vital link for regional and last-mile distribution.
Aimbridge Hospitality has welcomed the voco Sandpiper All-Inclusive Resort to its rapidly growing All-Inclusive Division. The 335-key resort in Port St. Lucie, Florida, is the first US property in the division and is undergoing a $50 million renovation financed by owners Sandpiper Bay Resort Holdings, LLC. The property is transitioning to IHG's voco hotels brand. It will be a family-friendly, sports-focused all-inclusive destination, with the first phase of upgrades due in early 2026. The renovation includes refreshed rooms, over six new food and beverage concepts, and expanded sports and meeting facilities.
Cushman & Wakefield's Senior Director, Aaron Barnard, SIOR, CCIM, has officially taken up the role of President-Elect for The Society of Industrial and Office Realtors® (SIOR). Serving a one-year term on the SIOR Board of Directors, his appointment was confirmed at the organisation's Fall 2025 conference in Louisville, Kentucky. Based in Bloomington, Minnesota, Mr Barnard is a 33-year veteran of the commercial real estate sector, specialising in investment analysis and leasing programmes across various US markets.
Coro Realty has sold two fully leased Birmingham industrial properties for $12.6 million, marking the first phase of its value-add strategy following its 2023 portfolio acquisition with H2RE Capital.
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