Development
Development Giant Skanska Secures $62M for Finnish Shopping Center
Skanska is ready to break ground on a new retail center in Finland, scheduled for delivery in the fall of 2017.
Topgolf Int’l Selects Indianapolis for Expansion
Global golf entertainment leader Topgolf is planning to construct a 65,000-square-foot venue in Fishers, marking the company’s first project in Indiana.
UCLA Forecast: California CRE Booms
The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey reveals many developers across CRE sectors remain confident about the industry through 2018, with the probability of new supply and new investment opportunities. The retail sector in particular has shown surprising growth and the East Bay market is thriving. The survey, taken in December 2015 by California’s CRE industry leaders, shows an overall optimism but slight caution about the real estate cycle.
Hyatt Centric Goes Global, Adds More U.S. Sites
The Hyatt Centric lifestyle brand is expanding, with the opening of its first two international hotels, and bringing three U.S. hotels under the upper-upscale brand.
Hilton Worldwide Unveils New Brand
Hilton Worldwide has launched Tru by Hilton, its newest hotel brand, hoping to fill a void in the midscale category in the U.S. and Canada.
Boston Industrial Market in its Prime
Transwestern| RBJ’s fourth-quarter 2015 report reveals Greater Boston’s industrial market is strong across the board and examines the key factors for the rise and fall of each segment.
Mercedes-Benz to Set Up Shop in Suburban Dallas
Mercedes-Benz USA has selected Grapevine, Texas, for its sixth regional facility in a key U.S. market that will service MBUSA client-dealerships.
Hyatt, SFO Airport Shake Hands for New Trophy Hotel
Hyatt is joining forces with the San Francisco International Airport to bring a new Grand Hyatt-branded hotel to the Bay Area.
New Mixed-Use on the Horizon in Jacksonville
Hines is acquiring a 105-acre property on Jacksonville’s Southside, and plans to develop a mixed-use master-planned community.
Hospitality Program Brings UH Hilton College in the Tourism Capital of Texas
The former Mission Hotel in San Antonio, originally built in 1905, is now a hospitality school.