Business Specialties
Clarion Grabs 302 KSF Office Facility in Playa Vista, Calif.
Clarion Partners has purchased Latitude 34, a two-building office complex within the Playa Vista master-planned community in the Westside area of Los Angeles.
Bridge Development Buys 17 Acres in Florida to Build Industrial Facility
Bridge Development Partners makes plans for its third speculative industrial project in South Florida in less than one year with the acquisition of 17 acres in Hialeah Gardens, Fla.
ARCP Investment Group Purchases 2.5 MSF Industrial Portfolio from Mesa
An investment group led by American Realty Capital Properties has acquired a 2.5 million-square-foot industrial portfolio of energy sector properties from Mesa Real Estate Partners for $295 million.
Building and Land Technology Acquires 372 KSF Office Park in Westport, Conn., for $130M
Building and Land Technology has acquired Nyala Farms Corporate Center, a 372,207-square-foot office park on 53 acres in Westport, Conn., for $130 million.
Loews Hotels & Resorts Buys Intercontinental Chicago O’Hare Hotel
Making another move in the Midwest, Loews Hotels & Resorts signed a deal to acquire the InterContinental Chicago O’Hare Hotel, a 556-room hotel in Rosemont, Ill., just outside of Chicago.
INTERNATIONAL: Hilton Worldwide to Open Middle East’s Largest Beach Resort in Qatar
Hilton Worldwide has partnered with Al-Rayyan Hospitality for the development of a 362-key resort at Salwa Beach in southwest Qatar.
Thor Equities Closes on Manhattan’s 685 Fifth Ave.
Thor Equities has closed on its purchase of 685 Fifth Ave., at the corner of Fifth Avenue and 54th Street in Manhattan.
Pathfinder, Meriwether JV to Acquire Luxury Colo. M-F Community
Pathfinder Partners has teamed with the Meriwether Cos. to acquire The Shores at Breckenridge, a planned 20-building community on the banks of the Blue River in Breckenridge, Colo.
Special Report: Yardi’s Enerliance Partners with ConEd
Yardi Systems and new acquisition Enerliance joined with the ConEdison Green Team to host the New York City Energy Summit, introducing a new energy reduction initiative.