Allison Landa
Laurus Completes Doubletree Purchase
The firm plans to reposition the San Diego property, including a major renovation to upgrade the resort. The revamp will include a reconfiguration of the lobby, pool deck upgrade and guest room makeover.
Liberty Property Trust Sells 14 Virginia Properties
The $97 million portfolio, which was sold to Lingerfelt Development, totals 918,889 square feet.
CPE TV: Matthew Fanoe on Changes in Corporate Real Estate
Matthew Fanoe, vice president of real estate at Coca-Cola Refreshments Inc. and chairman of CoreNet’s board of directors, offers insights into the changing nature of corporate space.
Chicago’s One Superior Place Changes Hands
The 809-unit apartment and retail tower was purchased by One Superior Place Leasehold L.L.C. and One Superior Place Fee L.L.C., two entities controlled by Hartz Mountain Industries.
Dees Stribling’s Economy Watch Weekly
Economy Watch reporter Dees Stribling offers insights into the top economic news of the week ending May 13 and what to watch out for in the coming week.
JLL: Capital Markets Drive Change in San Diego
Jones Lang LaSalle said the market saw a decrease in availability for biotech real estate space as well as an increase in demand over the last two quarters of 2010.
Economy Watch: Mortgage Fraud, Retirement Accounts Up
The U.S. Department of the Treasury reported that “suspicious activity reports” relating to mortgage fraud were up 5 percent between 2009 and 2010.
Suburban Washington, D.C., Office Building Fetches $205M
Beacon Capital Partners L.L.C. has sold 1300 N. 17th St., a 377,700-square-foot office building in Arlington, Va., to an affiliate of Tishman Speyer.
W Chicago Hotel Trades for $128.8M
Starwood Hotels & Resorts Worldwide Inc. sold the 368-room property to Chesapeake Lodging Trust.
Deloitte Symposium Waxes Positive
The general consensus was that the economy, while on a slow path of recovery with the addition of 250,000 jobs each month, is showing signs of life, though not necessarily a strong return.