Business Specialties
Homewood Suites Comes to San Diego’s Hotel Circle
Developed and owned by T2 Hospitality, the property brings 245 suites with fully equipped kitchens to Mission Valley and is managed by Evolution Hospitality.
Square Mile Capital Makes Executive Changes
Craig Solomon, who co-founded the company back in 2006, will be responsible for managing all aspects of the firm’s business and investment activities.
Natixis Provides $35M Financing for Retail Center Acquisition
Colliers International arranged the financing used for the purchase of a 276,333-square-foot shopping center in Arlington Heights, Ill. The loan will be granted in two tranches.
Leasing Begins at Chicago’s SixForty High-Rise
The 23-story, 250-unit tower will offer a mix of luxury residential and retail space and will be completed in September 2017. This is the second joint project for JDL Developments and The Habitat Co.
Downtown Boston Asset Trades for $63M
Colliers International will be in charge of identifying and securing suitable retail and office tenants for DTX 399. The property has been vacant for 10 years and will undergo a major facelift this summer.
SFO Grand Hyatt Hotel Takes Off
Construction has begun on the 351-key on-airport luxury hotel. The $237 million project is slated for completion in July 2019.
Breathing New Life into Old Buildings
Many shopping centers are being renovated into new spaces with new uses as a result of changing retail trends and the growth of online shopping. A creative vision and unique zoning approach are needed to be successful, notes Withey Morris PLC Owner Adam Baugh.
SG Property Services Buys Greater-Atlanta MOBs
Physician owners represented by CBRE and Colliers sold the two properties totaling 55,664 square feet for a combined $11.9 million.
Eli Lilly Completes $90M Biotech Expansion in San Diego
The expansion more than doubles the firm’s existing Biotechnology Center, as part of the company’s $850 million U.S. capital investment for 2017.
JLL Arranges Sale-Leaseback of Austin Health Facility
STORE Capital has purchased an 18,313-square-foot rehabilitation facility from Mentis Neuro Health, which will lease back the property for a 15-year term.