Barbra Murray
Hilton to Expand Curio, Tapestry Brands
With an aggregate 75 new hotels in the works, the two collections are set to expand their presence around the world.
Prologis, Norges Buy 1, Sell More
The joint venture partners wrapped up the acquisition of a San Francisco-area industrial property and the disposition of a 3.1 million-square-foot national logistics portfolio, which was picked up by a Blackstone affiliate. Together, the transactions involved a total of $310 million.
C&W Arranges Sale of 2 Mixed-Use Manhattan Assets
Acting on behalf of separate sellers, the commercial real estate services firm secured buyers for the properties, both of which are located in the Flatiron District near the popular Madison Park submarket.
AECOM Tapped to Build $1B Mixed-Use Asset in LA
Related Cos. selected the global engineering firm to take on the role of general contractor for The Grand, a transit-oriented development, which will include retail, a movie theater and a 314-key hotel.
Iconic Chicago Building’s Reno to Yield Increased Efficiencies
Equity Office, owner of the renowned Willis Tower, has selected technology firm Entic to help incorporate tools and practices at the 4.5 million-square-foot mixed-use office high-rise, which ranks as the tallest in the Windy City.
Wyndham to Buy La Quinta for $2B
The transaction will expand Wyndham’s hotel portfolio to 21 brands and more than 9,000 properties, and result in the spinoff of La Quinta’s owned real estate assets into the newly formed CorePoint Lodging Inc., which will hold the distinction of being the only pure-play, publicly traded REIT focused exclusively on midscale and upper-midscale lodging.
Capitalizing on the In-Stay Experience: Hospitality Report
According to EyeforTravel, hoteliers would do well to focus a great deal of their efforts on not only catering to but analyzing the captive guest.
Terra Sells $72M Miami-Area Retail Center
Doral Commons, which was 95 percent leased at the time of sale, fetched $514 per square foot two years after being completed.
France’s AXA Investment Snags $165M Office Asset in DC
The Paris-based real estate assets investment and management firm acquired the 210,000-square-foot trophy property in a joint venture with Stewart Investment Partners.
CRE in 2018: Change Is Afoot
The good times in the commercial real estate industry have continued to roll for more than a few years now, but something new is brewing, according to a report by commercial real estate services firm Avison Young.