Business Specialties

Is CRE Asking the Right Questions About Smart City Investment?

City governments are increasingly sourcing private capital for smart city initiatives, but commercial real estate developers and investors want to know: How do we benefit? Deloitte’s Steven Bandolik and Josephine Tucker examine this issue.

Hilton Launches New Lifestyle Brand

The hotel firm has already secured 30 commitments for its latest offering, Tempo by Hilton, which is designed to appeal to the ambitious modern traveler.

Stockbridge Sells Fully Leased Portland Industrial Asset

The company acquired the property in 2014 as part of a larger portfolio transaction.

Westinghouse Campus in Pittsburgh Reels In $180M

Columbia Property Trust has closed on the disposition of an 824,000-square-foot, Class A headquarters complex in Cranberry Township.

R&B Realty Breaks Ground on Miami Office Tower

The Gateway at Wynwood, a 12-story Class A building, is rising in the city’s Biscayne submarket.

Fort Lauderdale Industrial Park Welcomes New Tenant

The company consolidated its three South Florida locations at Merrill Industrial Center.

The 134,132-square-foot property consists of three warehouses and is within 2 miles of Fort Lauderdale International Airport.

FCP, Westbridge Partners Sell Atlanta Project for $70M

The companies have transformed a former stockyard and meat-packing plant in the city’s Upper Westside neighborhood into creative office space.

Westport Capital Sells Retail Center for $36M

The North Carolina property sold for nearly three times the price it commanded seven years ago.

Bronx Office Building Trades for $65M

The previous owner renovated the 188,000-square-foot asset in 2016, upgrading its lobby, entrance and elevators.

Newmark Knight Frank Grows Philadelphia Finance Group

Jim Badolato, Steve Comly, Matt Cullison and Mike McKee joined the company’s debt and structured finance team.