Business Specialties
Catch the Wave: Three Tips from Deloitte for Success in 2018
Toward the end of each year, Deloitte develops our outlook for the next 12 months in the real estate sector.
JLL Secures $75M for Denver-Area JP Morgan Acquisition
The seller was Blackstone, on whose behalf JLL Capital Markets had completed the sale. Deutsche Bank provided the five-year, floating-rate loan.
Hilton City Center Opens in Mile-High City
The 316-key property was renamed after a $27 million renovation. Previously known as Marriott Denver City, the 20-story building is the metro’s third-largest hotel.
Clarion Partners Sells Hotel Portfolio for $135M
The collection of Courtyard by Marriott properties, totaling more than 1,900 guestrooms across nine states, is now under the ownership of Toronto-based Skyline Investments.
Pompano Beach Development Site Commands $12M
CBRE First Vice President Tony Hoover worked on behalf of buyer Bridge Development Group in the transaction. The project is slated for completion in the fourth quarter of 2018.
Mastercard Leases Midtown South Office Building
The credit card company will lease the full 212,500-square-foot New York City building and turn it into an expanded technology hub. L&L Holding is set to finish a major modernization and re-envisioning of the property before Mastercard’s move-in.
McCraney Property Company Increases Industrial Footprint in Savannah, GA
The company plans to develop a new 350,000-square-foot warehouse near a number of major distribution hubs in the Southeast U.S.
CRE Predictions: Past & Future
In this final installment of a special series marking CPE’s 30th anniversary, industry leaders reflect on prophecies that came true, some that didn’t and what’s ahead.
Plymouth Industrial Sheds $100M on Chicago-Area Assets
The 15-property portfolio comprises a total of three million square feet of Class B warehouse space. The seller is BIGS Holdings, a subsidiary of Goldman Sachs.
Waste Management Relocates Phoenix Branch
The environmental services firm will move its local branch to Union Hills Office Plaza by the end of the year. Waste Management selected Perkins+Will to design its new location.