Holly Dutton
Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton
New York City’s Health System Lands $758M Lease
The largest public health care system in the nation signed a 25-year lease for more than 500,000 square feet of office space in the Financial District.
Greenwich Hospitality Group Acquires MI Resort for $23M
The new owner plans to spend two years and more than $10 million to upgrade and renovate the 179-key waterfront property.
Carlyle Group, Explorer Investments Acquire Portuguese Resort
The joint venture purchased the 194-key Penha Longa Hotel & Golf Resort in Sintra, Portugal. A CBRE team advised the buyers in the transaction.
NYC Retail Property Changes Hands
The 8,730-foot retail building in the Jackson Heights neighborhood of Queens has a development potential of 35,000 square feet and traded for $7 million.
Bridge Investment Group Acquires DC Office Complex
The 510,200-square-foot office complex in Silver Spring, Md., which comprises three buildings, will undergo a $12 million upgrade.
Commercial Real Estate Industry Outlook for 2019: Who Will Drop the Ball?
The U.S. commercial real estate industry was a powerful machine in 2018 and promises more of the same. But the year ahead will present a number of challenges.
Equus Acquires Seattle-Area Complex for $38M
The tech campus is located in the Bothell submarket and consists of more than 200,000 square-feet of office and flex space. Investcorp was the seller in the transaction.
Urban Outfitters Inks 310 KSF Industrial Lease in PA
The 309,000-square-foot facility is being developed by Herring Properties in Bucks County, Pa., and is slated for completion by mid-year 2019.
Cushman & Wakefield Brokers Shopify’s 434 KSF Toronto Lease
The e-commerce platform signed a long-term lease at downtown Toronto’s newest mixed-use development, The Well. Since 2013, the global real estate services firm has represented Shopify in several other deals.
AD1 Global Acquires $93M Hotel Portfolio
Seller Lingerfelt Commonwealth Partners spent $8.5 million on renovating the properties during its three-year ownership. The five assets are located in Orlando, Atlanta and Charlotte. N.C.