Business Specialties
INTERNATIONAL: Starwood Plans Four New Luxury Resorts on Tropical Hainan Island in China
Starwood Hotels & Resorts Worldwide Inc. is expanding its luxury presence in China with the opening of four new properties on Hainan Island by 2020.
EXCLUSIVE: DLA Piper Survey Finds CRE Executives Bullish on Coming Year
DLA Piper unveils the final results of its 2014 State of the Market Survey, prior to the launch of its Real Estate Global Summit.
Nevada CRE Executive: State Best Choice for Tesla’s $5B Battery Factory
Tesla Motors Inc.’s decision to locate its $5 billion battery “Gigafactory” in Nevada came as no surprise to at least one local commercial real estate executive.
Vulcan Signs Costco to Office Lease
Vulcan Real Estate has leased 176,656 square feet in its Sammamish Park Place to Costco Wholesale Corp.
ASB Real Estate Purchases LA Residential Tower
ASB Real Estate Investments has acquired Watermarke Tower, a 35-story trophy residential property in the South Park neighborhood of downtown Los Angeles, for $160.5 million.
LaSalle Investment Acquires Chicago’s 101 N. Wacker from Hines
LaSalle Investment Management has snapped up the office tower at 101 N. Wacker Dr., in Chicago’s coveted West Loop submarket.
First Financial Markets $90M Loan Portfolio for FDIC
The FDIC has tapped First Financial Network to market a multi-faceted portfolio of performing and non-performing loans valued at $90 million.
Cushman & Wakefield: Multinational Firms Turn to India, China for Office Needs
An increasing number of multinational companies are buying office space in India and China rather than leasing, according to a new Cushman & Wakefield report.
Hillwood Expands into Memphis
Commercial developer Hillwood will open a new office in Memphis that will be led by industry veteran Kurt Nelson.
Starwood’s W Hotel Flag to Fly in Australia Again
Nearly 10 years after exiting Australia, Starwood Hotels & Resorts Worldwide Inc.’s W Hotels Worldwide brand will soon have a presence in the country again.