Business Specialties
Dallas Omni Becomes First Hotel in the USA to Install Parking Guidance Technology
As part of a $400 million revamp, the 1,001-key Dallas Omni Hotel and Convention Center will offer parking guidance technology by INDECT USA.
First Bristol Corp., Tocci Building Cos. Kick Off $21M Hilton Project in Worcester, Mass.
The 118-key extended-stay Hilton Homewood Suites Hotel in Worcester, Massachusetts broke ground earlier this week and is slated for completion by February 2017.
Kronos Relocates Headquarters, Prepares $40M Investment alongside Building Owner
Kronos will enter a 12-year lease and is planning, alongside property owner Anchor Line Partners, to invest in excess of $40 million in the modernization of a 400,000-square-feet open space office facility.
NV5 Global Awarded $4.3M Management Contract in KCK
NV5’s contract has been extended to provide project management services for the vertical expansion of The University of Kansas Hospital’s Cambridge Tower in Kansas City, Kan.
SF Partners Sells Grove Centre Office Building in Boca Raton for $11.5 Million
Cushman & Wakefield’s capital market team brokered the sale of the 52,253-square-foot building to TJAC Development.
World Economic Forum USA Signs 39,032 SF Lease at RFR’s 350 Madison Avenue
RFR Realty leases 39,032 square feet of office space to The World Economic Forum USA.
Economy Watch: Beige Book Reports Uneven Growth
The Federal Reserve’s March Beige Book reveals overall economic expansion across the country, but the growth is uneven.
Douglas Emmett, QIA JV Shells Out $1.4B for L.A. Office Assets
Douglas Emmett joined forces with the Qatar Investment Authority to acquire a four-building office portfolio in Los Angeles at a very hefty price.
Coldwell Banker Commercial Gets Revitalized
CBC Advisors has entered into a definitive agreement to acquire Coldwell Banker Commercial Alliance from a New York-based REIT.
K.C. Plaza Portfolio Sells for $660M
Highwoods Properties completed the sale of an iconic office and retail portfolio in Kansas City, Mo.