Business Specialties
MetLife Acquires Fairmont Hotel in DC
The 415-room Fairmont Hotel in Washington, D.C., has changed hands, with MetLife, Inc. buying the luxury property from Ivanhoe Cambridge for $180 million.
INTERNATIONAL: Avison Young Secures Second German Investment
After launching its presence in Germany with the opening of a new office in Frankfurt on Dec. 1, Avison Young has advised two Canadian pension funds in the acquisition and financing of a second mixed-use property in Germany.
CBRE is Taking Advantage of Advantage
CBRE Group Inc. is already the top commercial real estate services firm in the world in terms of 2013 revenue, but the company is not resting on its laurels. CBRE has just kicked off a new global brand positioning: transforming real estate into real advantage.
December Issue: Sustainability–Averting Drift
A half-decade ago, when Environmental Sysems Inc. needed a larger facility, an internal team led by green-minded engineers helped plan a 34,100-square-foot headquarters in Brookfield, Wis.
Rosemont Adds Kirkwood Tower to Houston Office Holdings
Rosemont Realty has expanded its Houston holdings to nearly 2.5 million square feet with the addition of Kirkwood Tower, a 15-story Class A office tower in the city’s Energy Corridor.
Carroll Organization Buys 319-Unit Class A Property in Houston
Carroll Organization has acquired City Lake, a best-in-class 319-unit apartment complex in Houston that it has renamed ARIUM City Lake.
CBRE Expands Valuation Biz with Acquisition of IVI International
Let the consolidation games continue. Like all of the major commercial real estate services firms, CBRE Group Inc. continues to enhance its offerings through the procurement of smaller firms, and IVI International Inc. is the company’s latest acquisition.
GLP Co-Invests with GIC on $8B IndCor Purchase
Global Logistics Properties Ltd. is making a big move into the United States industrial market by taking a 55 percent stake in a deal with GIC to buy IndCor Properties from Blackstone for $8.1 billion.
Trammell Crow, Clarion Break Ground on Phase Three of Industrial Project in Arizona
Trammell Crow Co. and joint venture partner Clarion Partners have started construction on the third phase of Coldwater Depot Logistics Center, a 187,000-square-foot, Class A speculative industrial building in Avondale, Ariz.
