Business Specialties
Hyatt Adds $3B Atlantic City Resort to Unbound Collection
Scheduled to open this summer, the Ocean Resort Casino marks the rebirth of the trophy property originally known as the Revel.
Cleveland-Cliffs Breaks Ground on $700M Toledo Plant
The facility is scheduled to start operation by the summer of 2020 and create 130 new jobs. Construction of the project, situated at the Ironville Terminal in the Port of Toledo, is expected to generate an additional 1,200 jobs.
Tuft & Needle’s Phoenix HQ Trades for $9M
In 2012, the e-commerce and manufacturing firm acquired and completely renovated the iconic building in the city’s downtown area. Retail Realty Fund now purchased the entire 36,000-square-foot property from SimonCRE.
Big Box Tenants—The Next Generation
The same qualities that turn these assets into eyesores when they’re empty also hold the key to their revival. Creative repurposing is breathing new life into retail properties past their prime.
Home2 Suites Debuts in Vegas
The 120-key Home2 Suites by Hilton Las Vegas Strip South is owned and managed by National Hospitality Management LLC.
Colliers Secures Construction Financing for CT Self Storage
The firm has arranged the construction loan on behalf of Prospectus LLC, for the development of a 906-unit self-storage facility in Stamford, Conn.
CT Realty Trades $75M SoCal Industrial Portfolio
The company sold several assets in both Poway and Azusa, Calif., totaling more than 520,000 square feet, with the help of CBRE, Colliers International and Kidder Matthews.
Lincoln Equities Group Plans 1.6 MSF NJ Industrial Project
The company has agreed to acquire a 90-acre waterfront site near the Port of New York and New Jersey in Bayonne, where it plans to build a next-generation warehouse development.
215 KSF Plant Coming to Mooresville, NC
SunCap Property Group is tasked with developing the first manufacturing facility in the U.S for Tristone Flowtech, a German automotive supplier.
Kaufman Org. Acquires, Repositions LIC Office Asset
The firm acquired the 65,000-square-foot Cardinal Building through a 99-year ground lease, marking its second purchase in the Hunter’s Point neighborhood.