Business Specialties
Avison Young Gains Foothold in Phoenix with GPE Acquisition
The purchase of The GPE Cos. marks Avison Young’s entry into Arizona and the opening of its 52nd office in the U.S.
Healthcare REIT Expands Portfolio in $725M Deal
Physicians Realty Trust is shelling out $724.9 million to acquire 52 medical office facilities from Catholic Health Initiatives.
Inaugural NAIOP Sentiment Index: 12 Good Months Ahead
The organization’s very first Sentiment Index brings good news for commercial real estate in 2016.
PECO Achieves LEED EBOM Gold for Philadelphia Headquarters
PECO’s achievement is the culmination of a $15.3 million environmental initiative to improve the sustainability of its buildings and operations across southeastern Pennsylvania.
Hilton Minneapolis/Bloomington Showcases New Design
The refreshed Hilton Minneapolis/Bloomington features a redesigned lobby, Olive Bar & Lounge, Bloomington ChopHouse, meeting spaces and executive lounge.
Largest Starbucks Store in the World to Open in Manhattan
Following the success of its Reserve Roastery and Tasting Room in Seattle, Starbucks is opening its first Roastery in the Chelsea neighborhood, to be its largest store worldwide.
Economy Watch: Apartment Vacancies Up, Rents Still Increasing in Q1
Asking and effective rents in the first quarter of 2016 continued to grow even as more than 200,000 new apartment units have come on line in the past year.
Lowe Enterprises Investors Acquires 370-Key Hilton Garden Inn Portfolio in Atlanta
Lowe Enterprises Investors added three Hilton Garden Inn hotels to its growing portfolio, with plans to invest in upgrades and refurbishings.
HFF Secures $74.5M Refi for DFW Industrial Portfolio
HFF has arranged a $74.5 million refinancing loan for a Class A industrial portfolio totaling 1.6 million square feet.
Last Year’s Largest Rental Projects Completed in Austin
The Austin multifamily market added more than 5,000 new rental units in 2015.