Barbra Murray
Rubenstein, Vision Real Estate Ink Twin NJ Office Deals
The longtime joint venture team purchased Phases I and II of the former Morris Corporate Center IV in Parsippany, N.J. The partnership is set to renovate and rebrand the five-story trophy buildings.
Industrial Continues to Sizzle in 2018
2017 was an outstanding year for the sector, and a repeat performance is in store in 2018, according to Integra Realty Resources’ new 2018 Viewpoint Industrial Report.
PNK Group Breaks Ground on Atlanta-Area Distribution Center
The Moscow-based industrial facilities developer has commenced construction of the first building at Southern Gateway at Lambert Farms, a master-planned industrial park in McDonough, Ga. The facility will offer 1.1 million square feet at what will ultimately be a 3 million-square-foot complex.
HWE Brokers $87M Seattle-Area Hotel Sale
An entity of White/Peterman Properties has sold the Marriott-branded AC Hotel in Bellevue, Wash., less than a year after completing development.
Skanska Extends Contract on $430M Nashville Project
When complete, the Fifth + Broadway mixed-use development will include 235,000 square feet of retail, roughly 400,000 square feet of office and more than 350 residential units.
Turner, AC Martin Win $520M CA State Project
The State of California Department of General Services chose the longtime partners to take on the design-build responsibilities for the new headquarters of the Department of Natural Resources in Sacramento.
CRE Tech Sector Headed for Defining Moment
2017 proved an active year in commercial real estate technology, according to CREtech’s 2017 End-Year Report, and greater advances are on the horizon as the sector nears a tipping point in its lifecycle.
Hawaii Hotel Fetches $200M
Continuing its portfolio upgrade, Xenia Hotels & Resorts sold its leasehold interest in the 693-key Aston Waikiki Beach Hotel in Honolulu, four years after acquiring the property for $183 million.
Boyne to Repurchase 6 Ski Resorts
The mountain resort owner and operator will buy six previously owned properties in the U.S. and Canada from an affiliate of Oz Real Estate. Boyne sold the assets more than 10 years ago in sale-leaseback transactions.
Blackstone Snags Industrial Portfolio for $1.8B
With the closing of the transaction, Blackstone Real Estate Income Trust has added 22 million square feet of last-mile infill warehouse and distribution facilities to its holdings.