Construction & Property News

CHICAGO--(BUSINESS WIRE)--Amrize (NYSE: AMRZ) has entered into an agreement to acquire PB Materials Holdings, Inc., the leading aggregates business with a complementary ready-mix concrete network in the high growth West Texas region. Part of Amrize’s profitable growth strategy, this acquisition will strengthen the company’s aggregates business, adding over 50 years of aggregates reserves in West Texas to serve long term demand. PB Materials will add 26 operational sites into Amrize’s network, e...

TOKYO--(BUSINESS WIRE)--Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the acquisition of a nine-asset residential portfolio in Fukuoka, Japan. The investment was executed by Heitman on behalf of its global core-plus strategy and Heitman’s strategic capital partner SMFL MIRAI Partners Company, Limited (“SMFL MIRAI Partners”), which is a strategic subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited. The transaction marks the largest multi...

TOKYO--(BUSINESS WIRE)--Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the acquisition of the Tosu Central Distribution Center (“Tosu Central DC”), located within one of Kyushu’s prime logistics hubs. The transaction marks the largest ever single-asset logistics transaction in the greater Fukuoka market. The investment was executed by Heitman on behalf of its funds under management and Heitman’s strategic capital partners Mitsubishi HC Capital Realty I...

RENO, Nev.--(BUSINESS WIRE)--U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and self-storage company will participate in the KeyBanc Capital Markets Self-Storage Investor Forum on Thursday, January 8, 2026 in New York City. About U-Haul Holding Company U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Compan...

TORRANCE, Calif.--(BUSINESS WIRE)--Arc Capital Partners (Arc”) announced today that it has successfully exited its preferred equity investment in Village Del Amo, a 166,365-square-foot, grocery-anchored retail center located at 21221 Hawthorne Boulevard in Torrance, California, as part of the property’s $108.25 million sale to a private buyer. Arc closed on its investment in November 2022, recapitalizing the asset and providing structured capital that enabled DJM Capital Partners (“DJM”), the o...

BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has secured a $112.5 million loan to refinance the Ace Hotel Brooklyn, a 13-story, 154,947 square foot, 287-room full-service hotel located at 252 Schermerhorn Street in Brooklyn, New York. Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction for an affiliate of GFI Capital Resources Group, Inc. and Spruce Capital Partners. Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2025 financial results on Wednesday morning, January 28, 2026. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via webcast at www.textron.com or by direct dial at (888) 596-4144 in the U.S. or (646) 968-2525 outside of the U.S.; Access Code: 6969175. In addition, the call will be recorded and available for playba...

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) executed a build-to-suit lease in December 2025 with the University of Maryland’s (UMD) Applied Research Laboratory for Intelligence and Security (ARLIS) at 4400 River Road in College Park, Maryland, located in the UMD Discovery District. The Company is expected to commence construction of the 110,000 square foot, four-story Class A office development in the first quarter of 2026 and is schedul...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today that it plans to release its 2025 fourth quarter earnings results after market close on Tuesday, February 10, 2026. A live conference call is scheduled for the following day, Wednesday, February 11, 2026, at 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time. Jordan Kaplan, President and Chief Executive Officer, will host the call along with Peter Seymour, Chief Financial...

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that it will release financial results for the fourth quarter 2025 on Tuesday, January 27, 2026, after the close of trading on the NYSE. BXP will host a conference call and webcast on Wednesday, January 28, 2026, at 10:00 A.M. Eastern Time, to discuss the financial results and provide an update on BXP. Participants who would like t...