IvyLee Rosario
IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. Connect with her here—Twitter: @IvyLeeRosario and LinkedIn: https://www.linkedin.com/in/ivyleerosario/
Hines to Break Ground on Mexico City Logistics Center
Phase One of Convento CityPark comprises three buildings, totaling more than 1 million square feet, which will offer newly constructed cross-dock and front-load configurations.
Olayan, Chelsfield Unveil $300M NYC Office Reno Plan
550 Madison Ave. in Midtown Manhattan will undergo modernization to its interior spaces, as well as adding high-quality amenities, world-class retail and restaurants. The renovated property is targeting LEED Gold certification and will be ready for new tenants in 2019.
Colliers Closes 5 Leases at MA Office Asset
The company inked leases with Axis Promotions, CGI, Mortgage Network, Caras & Shulman and AAM 15 Mgmt, working on behalf of Duffy Properties. The 201,330-square-foot 78 Blanchard building in Burlington, Mass., is down to 15,000 square feet of vacant space.
HCI Acquires Tampa Office Asset
Gramercy Property Trust disposed of the 68,867-square-foot property located in Tampa’s Westshore business district. Bank of America North America is the sole tenant under a long-term lease.
Skanska Disposes of $29M Swedish Nursing Facility
The project comprises a retirement home with 72 apartments on five floors. The facility is scheduled for completion by spring 2019.
Interstate Hotels Launches INTRIGUE Brand
INTRIGUE will focus on delivering innovative culture, style and technology as well as next generation lodging and experiential services. Hospitality veteran Brian Sparacino will head the brand.
Merit Hill Snags 6-Property Self-Storage Portfolio
The six properties include 2,391 units and are located in Memphis, Tenn. and Northern Mississippi. Marcus & Millichap marketed the portfolio on behalf of the seller, Amsdell Cos., and procured the buyer.
Curio Collection by Hilton Reopens Iconic Dallas Hotel
The Statler, originally built in 1956 as one of Conrad Hilton’s first convention properties, underwent a $225 million redevelopment. The 19-story, 159-key hotel was relaunched by Centurion American Development Group.
JV Lands $47M Loan for DC Office Portfolio
Coretrust Capital Partners and Normandy Real Estate Partners tapped HFF to secure financing for the 185,671-square-foot Reston Metro Center One & Two. The floating-rate loan was provided by AllianceBernstein.
IHG Opens 6th Australian Hotel
The 240-key InterContinental Perth City Centre features 16 stories and was designed by Woods Bagot with interiors by Chada. The hotel is located within The King Street Precinct.