Business Specialties
Darwin Realty Inks Illinois Warehouse Lease
The 103,987-square-foot facility is located in Elk Grove Village, Ill., and is leased by Marketplace Brands, a seasonal food gifts distributor.
W Hotels Expands Asia Footprint
W Hotels Worldwide continues its global growth with the opening of W Shanghai – The Bund, a 374-key hotel situated in the heart of Shanghai. Sinar Mas Group owns the asset.
Fairmont Hotels Expands in Saint Lucia
Fairmont continues to expand globally, with a 120-key hotel planned for the southwest coast of Saint Lucia. The project is slated for completion in 2019.
Mandarin Oriental to Open First Property in Australia Tower
The hotel and residences will be located in a $227 million, mixed-use tower designed by Zaha Hadid Architects, in Melbourne. The property will feature 196 keys and 148 luxury apartments.
Skanska Plans $84M Hotel in Stockholm
The 503-key hotel will be adjacent to the Arlanda Airport in Stockholm, Sweden. The company will kick off construction in August and the property is expected to come online by the end of 2019.
C&W to Lease Stamford Mixed-Use Community
RFR Realty’s Canterbury Green is a 245,000-square-foot mixed-use community located in Stamford’s CBD. The property includes 217,500 square feet of office space, 106 residential units, retail space and below-grade parking.
Plastipak Pumps $15M in Louisiana Plant
The company intends to increase capabilities at the 862,000-square-foot facility by installing up to seven new production lines. This marks the second expansion at the facility.
Craft Beer Company Inks Queen Anne’s County Lease
Cult Classic Brewing will occupy the former ACME Supermarket building in Chester, Md., and is expected to start operations in 2018. The property is part of the Kent Island shopping center.
Prologis Inks 10 Leases at NJ Office/Flex Facility
The transactions encompass seven office leases totaling 31,725 square feet and three industrial leases counting 12,020 square feet. Tenants include Panalpina Inc., Hexim Pharmaceuticals and Public Service Enterprise Group.
Monmouth Grabs $38M Miami-Area FedEx Distribution Center
The newly constructed Class A facility is located in Homestead, at the intersection of SW 127th Avenue and SW 272nd Street.