Business Specialties
KeyCorp Signs 15-Year Extension in Cleveland’s Key Tower
KeyCorp has extended its occupancy of approximately 487,000 square feet at the company’s namesake corporate headquarters at Key Tower in Cleveland.
Inland American Lodging Group Acquires 228-room Residence Inn Denver City Center for $80 Million
Inland American Lodging Group recently announced that it has acquired the 14-story Residence Inn by Marriott Denver City Center and the adjoining 448-space parking garage for a purchase price of $80 million. Continue reading →
Behringer Harvard to Invest in Luxury M-F Development in Costa Mesa, Calif.
April has been a busy month for Behringer Harvard, which is announcing its investment in a third luxury multi-family housing development through its Behringer Harvard Multifamily REIT I Inc.
W Hotel, Residences to Debut in Tel Aviv
Starwood Hotels & Resorts Worldwide is bringing its W hotel brand to Israel. The company is partnering with private investment firm RFR Holding, to develop the country’s first W branded hotel.
Union Square L.L.C. Receives $400M in Loan Refinancing for Seattle Skyscrapers
Union Square L.L.C., owned by Washington Real Estate Holdings and a major pension fund investor, received $400 million in refinancing for Union Square, two office buildings in Seattle.
Rosemont Takes Denver WTC for $176M
Rosemont Realty pushes its presence in the metropolitan Denver market by 770,200 square feet with the acquisition of the Denver World Trade Center.
NCC to Build $60M Housing at the Port of Copenhagen
Leading construction and development company NCC has been named turn-key contractor for an approximately $60 million project in the Port of Copenhagen. The development is part of the new Nordhavnen city district.
Innovative Student Housing, Harrison Street Acquire Student Housing in Georgia
Innovative Student Housing and Harrison Street Real Estate Capital formed a JV to acquire College Station at Valdosta, a student housing property less than one mile from Valdosta State University in Valdosta, Ga.
MGM Details Arena-Centered Entertainment District in Vegas
There’s going to be a lot of action on the stretch between MGM Resorts International’s New York-New York and Monte Carlo casino-resort properties along the Las Vegas Strip.
Beneficial Bank Inks 15-Year Lease in Philly High-Rise
Beneficial Bank, the oldest bank in Philadelphia, has signed a 15-year lease at 1818 Market St., taking four floors and 95,764 square feet in the million-square-foot high-rise owned by Sovereign Capital Management Group.