Business Specialties
Hersha Closes Sale of Hyatt Place in Philadelphia Suburb
The 129-key hotel, located in a vibrant submarket, was purchased by a joint venture between DoveHill and Wurzak Hotel Group.
Penske Tech Center Opening Marks Milestone for M-1 Project
Penske Tech Center will be the nation’s first vehicle storage and maintenance facility to operate completely off-wire and it’s the last step before the arrival of the QLine streetcars.
Chicago Skyline Changer to Get Underway
Magellan Development Group, together with China-based Dalian Wanda, will break ground this summer on what will become the Windy City’s third-tallest building.
405 Park Ave. Gets Two New Owners, Plans for a Makeover
Deutsche Asset Management teamed up with MRP Realty to acquire the 17-story office and retail building in Manhattan’s Plaza District.
Whirlpool Investing $80M in Ohio Expansion
The Michigan-based multinational manufacturer and marketer of home appliances is expanding operations at two of its Buckeye State facilities.
Yardi Matrix: The New Las Vegas
Las Vegas is seeking to broaden its identity, pivoting away from the Sin City image to a more convention-centric, diversified economy that will hold up better during cyclical valleys.
Two Corporate Pointe Office Buildings Acquired by Olive Hill Group
With creative office space the new growth sector in Silicon Beach and its neighboring areas, the company is set to reposition its new assets.
MCSS Buys Prime Location for Upcoming Project in Miami-Dade
Miami City Self Storage is one step closer to its goal of developing 20 self-storage projects in South Florida with its latest acquisition in the rapidly-growing city of Doral, Fla.
First-Ever Hotel for Navy Pier
The project will feature more than 200 guest rooms and is expected to give Chicago 200 permanent jobs upon completion in 2018.
Paramount Gets New Loan for Midtown Manhattan Office Tower
Paramount Group Inc. has completed the refinancing of 31 W. 52nd St. with the help of Eastdil Secured.