Featured
Hilton Garden Inn Grows With 4 More Hotels
The new lodging destinations, with opening dates in May and June, will add more than 600 guestrooms to the brand’s portfolio in Florida, Michigan, Pennsylvania and New York.
Seattle Office Building Commands $330M
A German investment firm is the new owner of Midtown21, a 21-story tower MetLife Real Estate and Trammell Crow Co. developed in the high-growth Denny Triangle.
Retail Outlook Not So Dire
The retail picture is not as dark as you think, according to a panel at the NAREE Real Estate Journalism Conference. Evolution is bringing new life to empty sites.
Mega-Reuse Project Moves Forward in LA
HFF worked on behalf of Atlas Capital and Square Mile to orchestrate a partial sale and refinancing for Row DTLA, a 1.8 million-square-foot redevelopment of a former industrial site in the Arts District.
Amazon to Buy Whole Foods in $14B Deal
The transaction is scheduled to close during the second half of 2017. Whole Foods Market will continue to operate stores under its current brand.
Greater LA Retail Center Lands $125M Refi
Federal Realty is using the loan for Plaza El Segundo, a 380,558-square-foot shopping mall comprising 13 buildings in the South Bay community.
EastGroup Plans 850 KSF Industrial Park in Florida
Later this year, the REIT will begin construction on Gateway Commerce Park, an 850,000-square-foot campus on a 61-acre site in the tight metro Miami market.
Delta Hotels Unveils Bold Strategy
Marriott International is planning to double the Canadian hospitality brand’s footprint with the opening of new properties in the U.S. and Asia over the next two years.
Aldi Plans $3.4B Growth Spurt
The German discount grocery chain intends to open 900 additional locations in the U.S., increasing its footprint to 2,500 stores by 2022.
Boston Revitalization Project Moves Forward
A $1 billion plan will bring 2.3 million square feet of mixed-use, transit-oriented development to Somerville, Mass., over the next two decades.