Business Specialties
TMG Partners, KKR Buy 24-Story Oakland Tower
The transaction marks the third change of ownership for 1221 City Center, an iconic office property in the central business district, over the past six years.
Meridian Group JV Buys Downtown DC Office
In a partnership with WeWork Property Advisors affiliates, the company plans to renovate 1333 New Hampshire Ave., a building where WeWork intends to lease 100,000 square feet.
Downtown Portland High-Rise Opens Doors
The 19-story Broadway Tower in the city’s central business district is now complete. Apart from office space, the property also includes a Radisson Red hotel.
Goldman Sachs Acquires Portland Office Asset
The $25.7 million sale price is twice the amount paid in 2013 by the building’s previous owner, Melvin Mark.
DC Hotel Changes Hands for $128M
The 300-key Hilton Garden Inn in downtown Washington, D.C., sold for approximately $427,000 per guestroom. The seller was Xenia Hotels & Resorts.
Are Core Returns Headed to Zero?
Within the next two years, the downshift in the commingled funds index could put some institutional investors at risk, says CenterSquare’s Scott Crowe.
On Demand Webinar: Improve Building Performance Using AI
Artificial intelligence will make the difference. Come be a part of it.
Publix-Anchored Shopping Center Opens in Raleigh
Halpern Enterprises’ 63,000-square-foot property is also set to includes tenants such as Hollywood Feed, Sport Clips and Noire the Nail Bar.
Atlanta Logistics Center Sells for $70M
Ackerman & Co. sold the largest industrial facility it has developed to date. A national shipping and business supply company purchased the asset.
Tenaska to Develop 2GW of Solar in MISO Market
The local power provider signed an agreement with Capital Dynamics to develop approximately 14 solar projects in the Midcontinent Independent System Operator market.