Business Specialties
Equus Buys $22M Office Asset in Metro Seattle
The property consists of two buildings situated on a 7.2-acre lot in Redmond, Wash.
Country Inns & Suites By Carlson Opens Hotel in Minnesota
The 96-key hotel will undergo further renovations in 2017.
CBRE Nabs Leading Producer of Advanced Tech for Real Estate
The company acquired Floored, the creator of Protofit and Luma.
German Company to Develop $40M Plant in Georgia
The Linde Group selected Adel, Ga. for its new large-scale air separation unit, which will create 35 permanent jobs.
Ford to Invest $700M in Michigan Factory, Cancels $1.6B Mexican Plant
The move is part of an overall $4.5 billion investment on electrified vehicles over the next four years.
Stockholders Approve New York REIT Liquidation Plan
NYRT will use a $760 million facility from Credit Suisse to repay previous debt, purchase Worldwide Plaza and fund the REIT’s dissolution.
Iconic Downtown LA Office Building Commands $336M
The 48-story Citigroup Center was developed by Rockefeller Group and designed by noted architectural firm AC Martin Partners.
HFF Arranges Sale of Hampton Inn Hotel in Austin
The asset is located 1 mile from Austin Bergstrom International Airport and 5 miles from the Formula 1 racetrack.
HCW to Break Ground on 98-Key Hotel in Wichita, Kan.
Construction of the TRU Hotel by Hilton is expected to begin in April, while completion is scheduled for the spring of 2018.
How Will Rising Interest Rates Affect CRE?
Paul Fiorilla, associate director of research for Yardi Matrix, examines the possible effects of rising interest rates on the commercial real estate market as we head into 2017.