Business Specialties
Historic Boston CBD Asset Trades for $75M
The 179,872-square-foot office asset last traded four years ago. The value of the property increased by more than 45 percent since then.
Cush & Wake Tapped to Market Chicago Industrial Park
The first building in Cherry Hill Business Park, an upcoming 500-acre industrial development in Joliet and New Lenox, Ill., is slated for delivery later this year.
Jernigan Capital Invests in Tampa Self-Storage Project
The facility will be located in an area of the metro with significant population growth and will be completed by the end of the second quarter of 2018.
Empire Resorts Unveils New York Casino Name
The 18-story, 332-key Resorts World Catskills is expected to open in March 2018. The venue is part of a $1.2 billion four-season destination in Sullivan County.
IHG Opens First Kimpton Hotel in Europe
The Kimpton brand has made its debut in Europe with the opening of a 274-key hotel located in the heart of Amsterdam. The property offers easy access to the Centraal Station rail depot and local attractions.
Caesars Launches $90M Makeover at Flamingo Las Vegas
By the end of 2017, more than half of the company’s guestrooms in Las Vegas will have been upgraded. The renovation is expected to be complete during the second quarter of 2018.
St. Petersburg Office Building Welcomes New Tenant
The eight-story property is already home to anchor tenant Times Publishing Co., which recently signed a 15-year lease renewal at 490 First Ave.
NY-Area Overlook Corporate Center Completes Makeover
Theta Holding Co. wrapped up a multimillion-dollar renovation that included upgrades to the lobby and common areas, and construction of a conference room and fitness center at its 415,000-square-foot Overlook Corporate Center in Little Falls, N.J. The firm hired Colliers International to lease vacant space at the property.
Indian Company to Invest $35M in Virginia R&D Facility
Granules India Ltd., through its wholly owned subsidiary Granules Pharmaceuticals Inc., will expand its pharmaceutical R&D and manufacturing operations at the company’s 100,000-square-foot plant in Fairfax County.
Marriott Opens New Pittsburgh Hotel
The 109-key hotel is located in the McCandless Crossing, an open-air lifestyle center about 10 miles north of Pittsburgh. AdVenture Development LLC owns the six-story hotel.