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DRA Advisors JV Pays $205M for Industrial Portfolio
The company teamed up with Jera Partners to acquire 27 facilities spread throughout 15 states and totaling more than 3 million square feet.
Blackstone to Buy Greek Hotels for $197M
A unit of the global private equity firm is acquiring the 1,464-key portfolio from Europe’s Louis Group.
Navistar’s $250M Industrial Project in San Antonio
The commercial trucks and buses manufacturer, which has already received a grant from the state of Texas for the project, expects to break ground on the new development later this year.
Google to Pump $3.3B Into European Data Center Expansion
This will bring the company’s total investment in Europe’s internet infrastructure to more than $16 billion since 2007.
Clutter Enters Self Storage Market
The on-demand storage provider paid $152 million for four facilities located throughout New York City and across the state.
Barron Hilton, Longtime Hotel Leader, Dies at 91
Hilton Hotels’ retired chairman forged a legacy of diverse accomplishments in business, philanthropy, aviation and sports.
Emerging Trends 2020: Stay Alert to These Changes
The annual report by the Urban Land Institute and PwC is based on surveys and interviews of 2,200 real estate professionals.
Is the US Hotel Market About to Hit a Wall?
A mid-year report from Cushman & Wakefield reveals that while performance remains strong, there may be clouds on the horizon.
Bridge Development Capitalizes on Strong Chicago-Area Industrial Demand
The company sold the three-building second phase of its 225-acre Bridge Point North Business Park in Waukegan, Ill., just months after completing construction.
Fortress Development Kicks Off $1B Bellevue Project
The mixed-use development will feature the first InterContinental Hotel in the Pacific Northwest.