Business Specialties
Harbor Group Affiliate Buys 456-Unit M-F Community in Houston
An affiliate of Harbor Group International has purchased Westchase Creek, a 456-unit multi-family community in Houston’s Westchase District, for an undisclosed sum.
Special Sustainability Report
Net-zero building roster grows, but district-wide applications falter.
LaSalle Acquires San Francisco’s Hotel Vitale for $130M
LaSalle Hotel Properties has acquired Hotel Vitale, a 200-key lodging in San Francisco, for $130 million.
Volkswagen Taps JLL as Exclusive RE Service Provider
Volkswagen Group of America has appointed JLL as its exclusive provider of real estate services, including integrated facility management, transaction management, lease administration, strategic consulting and project management.
International: Georgia’s Tallest Residential Tower Rises on Black Sea Coast
Developed by locally based Tam Geo, the $80 million mixed-use Babillon Tower is rising in Batumi, a seaside resort city on the Black Sea coast and capital of Adjara, an autonomous republic in the country’s southwest region.
Parallel Acquires 384 KSF LA Area Office Tower for $102M
Parallel Capital Partners has completed a $102 million purchase of Shoreline Square in Long Beach, Calif., marking its second office acquisition in the region in just two weeks.
Starwood Hotels & Resorts to Open 17 New Properties in Latin America
Starwood Hotels & Resorts has unveiled plans to open 17 new hotels in Latin America over the next two years.
Vintage RE Purchases 1 MSF Mall in Atlanta Suburb
Vintage Real Estate has acquired Southlake Mall, a 1 million-square-foot shopping center in the Atlanta suburb of Morrow, Ga.
Constellation Hotels Buys 80% Interest for $240M in InterContinental New York Barclay
Constellation Barclay Holding U.S. has acquired an 80 percent stake in the historic 685-room InterContinental New York Barclay in Manhattan from InterContinental Hotels Group for $240 million.
CBRE to Sell Upscale Hotel in Midland Ireland
The Heritage Hotel, just an hour outside of Dublin, is being put up for sale by its current owner, and CBRE Hotels will be carrying out the transaction.