Business Specialties

Hines Global REIT Buys 510 KSF Office Center in Boston Suburb

Hines Global REIT has acquired Riverside Center, a 510,000-square-foot, three-building office complex in the Boston suburb of Newton, Mass., from Equity Office Properties for $197 million.

Fidelis Realty Buys Grocery-Anchored Center in Houston

A busy city has to eat, right? In yet another sign that Houston is surging upward again, Fidelis Realty Partners has purchased Willowchase Shopping Center, a 273,200-square-foot property anchored by a 92,800-square-foot Fiesta Market supermarket.

CPE Exclusive: Sage, Whitman Peterson Grab 852-Room Courtyard by Marriott Portfolio

Sage Hospitality and Whitman Peterson have kicked off their new investment relationship with the acquisition of six Courtyard by Marriott lodging properties from Clarion Partners. The 852-room group of hotels is located in metropolitan Atlanta, Dallas and the Detroit area.

Sports-Oriented M-U Development in Berlin to Reshape Urban Hubs

As the European urban development landscape is changing and sustainability is now a major factor, developer Moritz Gruppe has come up with a new vision for a large sports-themed mixed-use project in Berlin.

Behringer Harvard, TCR Begin Construction of Luxury M-F Project in Houston

Behringer Harvard is teaming up with Trammell Crow Residential to construct a 270-unit luxury apartment community on a 2.9-acre site in the Montrose/Museum District submarket of Houston.

Jefferson Apartment Group to Build 178-Unit M-F Project in Orlando

Construction activity is underway for JAG’s latest project, Azul Baldwin Park in Orlando’s thriving, 1,100-acre Baldwin Park neighborhood.

DAMAC Launches Sea-Front Hospitality Project in Dubai

Damac Properties, the largest luxury private developer in the Middle East, is planning to build a new luxury tower of serviced hotel residences in Dubai Maritime City.

Songy, Carlyle Purchase 430 KSF Houston M-U Property

The Carlyle Group and Songy HighRoads have bought Galleria Plaza, a 428,300-square-foot high-profile, mixed-use property in Houston.