J.P. Morgan Global Real Estate Daily News and Research Summary

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J.P. Morgan Global Real Estate Daily News and Research Summary

J P M O R G A N North America Equity Research

28 May 2026

J.P. Morgan Global Real Estate

Daily News and Research Summary

Americas REITs & Real Estate Services

Anthony Paolone, CFA AC

• Bain Capital and 11North Partners have announced the acquisition of five (1-212) 622-6682

open-air retail centers located across California, Virginia, Florida, and Texas anthony.paolone@jpmorgan.com

for approximately $300 million. Collectively, the portfolio totals J.P. Morgan Securities LLC

approximately 757,000 sf and is more than 93% occupied. Link to the press Michael W. Mueller, CFA AC

release. (1-212) 622-6689

• SL Green Realty announced that it has closed on the sale of a 49.0% joint michael.w.mueller@jpmorgan.comJ.P. Morgan Securities LLC

venture interest in the development of 346 Madison Avenue in New York City

Adrian E Huerta

to Mori Building Co. at a gross valuation of $175 million. SL Green will retain (52-81) 8152-8720

a 51.0% interest in the project and will serve as the development and leasing adrian.huerta@jpmorgan.com

manager. Link to the press release. J.P. Morgan Casa de Bolsa, S.A. de C.V., J.P.

Morgan Grupo Financiero

• DRA Advisors has acquired an apartment complex in Plainfield, Illinois, from Richard Jones, CFA

JVM Realty for $95 million ($279K/unit), The Real Deal reported. The (61-3) 9633-4038

property, built in 2013, features 340-units. The asset last traded in 2015 for $62 richard.b.jones@jpmorgan.com

million. Link to the article (subscription required). J.P. Morgan Securities Australia Limited

• Capital Group has leased 196,940 sf of office space at One Independence Neil(44-20)Green,7134-4478CFA

Center in Charlotte, North Carolina, from landlord Crescent Communities, as neil.d.green@jpmorgan.com