Development
Seattle Mixed-Use Project Combines Storage and Craft-Work Lofts
The $17.7 million expansion of the Rainier Storage & Work Lofts in Seattle will bring 59,500 square feet of self-storage space and 65,300 square feet of craft-work space.
Whole Foods Market Plans New Distribution Center in South Side Chicago
The Austin, Texas-based supermarket chain will open a 140,000-square-foot distribution facility in the Pullman District in early 2018.
MIPIM 2016 Round-Up, Part I: “Housing the World”
This year’s MIPIM international real estate show focused on the challenges present in the global housing market.
Starwood Hotels, Havana Bound, Resumes Talks with Marriott
The hospitality giant, which recently accepted a $13.6 billion offer to merge with Marriott International, will become the first hotel company to enter the Cuban market in six decades.
Hotel Equities Selected to Manage Courtyard by Marriott Dripping Springs
Courtyard by Marriott Dripping Springs will be managed by Atlanta-based Hotel Equities.
Atwater Brewery Teams Up with Flemish Fox from Celis Beer Family
The daughter of local beer legend Pierre Celis entered an agreement with Detroit’s largest craft brewer to develop a new brewing facility in northwest Austin.
NYC Seaport Redevelopment Commands $390M
China Oceanwide Holdings paid a hefty price to acquire 80 South St. from The Howard Hughes Corp., with plans to create a 113-story tower.
Choice Hotels, CapStar Partner on Cambria Brand Project
Choice Hotels International entered into a joint venture with the CapStar Hotel Co. to expand its upscale Cambria brand across the U.S. and Canada.
HFF Arranges $60M Loan for Class A Creative Office Development in Boston Area
LINX, a two story, 185,595-square-foot building located in Watertown, Mass., is slated for completion by early 2017.
Lynchburg, Va. Mall Changes Owner for Well Over $33M
CBL sold three fourths of its interest in the River Ridge Mall to Lynchburg’s Liberty University for $33.5 million, retaining 25 percent of ownership.