Evelina Croitoru
Crescent Tapped to Manage Philly-Area Hilton Hotel
The 146-key hotel is adjacent to the Fort Washington Office Park, benefiting from the proximity of nearly six million square feet of Class A office space. Crescent will manage all operations of the hotel, including guest experience and food services.
Avison Young Brokers $20M Sale of 2 DC-Area Industrial Assets
The properties totaling 245,888 square feet were sold by CIM Group and purchased by Beckham Gumbin Ventures. The buildings are close to key employers, such as the CIA and CACI International.
Noranda Bauxite & Alumina to Invest $35M in Louisiana Facility
In addition to expanding and upgrading the alumina refinery, the company also indicated that it will be moving its corporate headquarters to the Gramercy plant.
Indian Company to Invest $35M in Virginia R&D Facility
Granules India Ltd., through its wholly owned subsidiary Granules Pharmaceuticals Inc., will expand its pharmaceutical R&D and manufacturing operations at the company’s 100,000-square-foot plant in Fairfax County.
Upcoming $4B Resorts World Las Vegas Taps President
Edward Farrell who has more than 30 years of experience in the casino industry will oversee all developed activity on the Las Vegas Strip site that is expected to open in 2020.
Honeywell Opens $300M Facility In Louisiana
The new plant will enable the company to manufacture next-generation auto air-conditioning refrigerant. The facility marks the fourth Honeywell site in Louisiana.
Louisiana Triple Net Lease Dollar General Changes Hands
The 10,640-square-foot building traded for $1.3 million. The Dollar Tree lease featuring no landlord responsibilities is set to expire in 2031.