Business Specialties
DC Hotel Changes Hands for $128M
The 300-key Hilton Garden Inn in downtown Washington, D.C., sold for approximately $427,000 per guestroom. The seller was Xenia Hotels & Resorts.
Are Core Returns Headed to Zero?
Within the next two years, the downshift in the commingled funds index could put some institutional investors at risk, says CenterSquare’s Scott Crowe.
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Publix-Anchored Shopping Center Opens in Raleigh
Halpern Enterprises’ 63,000-square-foot property is also set to includes tenants such as Hollywood Feed, Sport Clips and Noire the Nail Bar.
Atlanta Logistics Center Sells for $70M
Ackerman & Co. sold the largest industrial facility it has developed to date. A national shipping and business supply company purchased the asset.
Tenaska to Develop 2GW of Solar in MISO Market
The local power provider signed an agreement with Capital Dynamics to develop approximately 14 solar projects in the Midcontinent Independent System Operator market.
Ware Malcomb Completes FL Mixed-Use Building
Working on behalf of CGI Windows and Doors, the firm provided architectural services for the company’s new 325,000-square-foot facility in Hialeah.
Hines Kicks Off 1.2 MSF Salesforce Tower Chicago
The company’s 500,000-square-foot lease paves the way for the final phase of the Wolf Point mixed-use destination.
Cushman & Wakefield to Acquire QSI
The firm’s facility management capabilities and coverage across North America are expected to strengthen with the addition of 50,000-plus qualified suppliers and more than 75 facilities trades.
Knotel Expands San Francisco Presence
The flex office space provider continues its aggressive growth with the signing of three new leases totaling 45,000 square feet in the Bay Area, raising its holdings to nearly 200,000 square feet across 20 locations.