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Blackstone Snags Industrial Portfolio for $1.8B
With the closing of the transaction, Blackstone Real Estate Income Trust has added 22 million square feet of last-mile infill warehouse and distribution facilities to its holdings.
$300M Luxury Hotel Anchors Houston Tower Project
The Post Oak Hotel at Uptown Houston is part of a 10-acre mixed-use development featuring restaurants, retail, office and event space, including the Uptown/Galleria area’s largest ballroom and 35,000 square feet for conferences and meetings.
Trammell Crow Completes Oregon Corporate Park
The company has teamed up with Principal Real Estate Investors to deliver the first LEED-certified speculative industrial development since 2012.
Las Vegas Sands to Sell Philly-Area Casino for $1.3B
Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians of Alabama, will acquire the property in Bethlehem, Pa. The transaction is scheduled to close by year’s end or in early 2019.
NKF Reports Emerging Trends in Workplace Strategy
Approaches to maximizing the effectiveness of office space have been influenced by the need to plan for variety and flexibility, to appeal to a multi-generational workforce.
The Story Behind Chicago’s NEWCITY: One for the Books
The $275 million mixed-use project took a decade to materialize, overlapping the recession. Structured Development’s Jeff Berta takes us behind the scenes of what he described as the most challenging project he worked on in a career spanning roughly 30 years.
Marijuana Laws Slowly Impact Industrial CRE
As more and more states legalize the medical and/or recreational use of marijuana, demand for cultivation/grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.
Omni Opens $300M Hotel in Kentucky
The tallest lodging destination in Louisville comes online as the city looks forward to the reopening of the Kentucky International Convention Center this summer, following a $180 million expansion.
W.W. Reynolds Lands Refi for Denver Office Portfolio
HFF has secured the $48 million loan through MetLife Real Estate Investments. The properties are situated in the heart of downtown Boulder, Colo., and total nearly 160,000 square feet.
MetLife Plans Mixed-Use Project in Midtown Atlanta
The development at 17th, West Peachtree and Spring streets will include roughly 500,000 square feet of office space, more than 80,000 square feet of retail, 350 residential units and a 20-story hotel.