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Hines Snags 1.2 MSF Industrial Park in Arizona
The deal involved a 684,000-square-foot logistics warehouse and an adjacent development parcel that can accommodate a 567,000-square-foot building.
CIM Group Inks Major LA Lease
City National Bank has signed a long-term lease at the LEED Platinum-certified 2 Cal Plaza.
Savills Studley Plans Pacific Northwest Expansion
Senior managing directors Eric Blohm and Eric Leland are now overseeing operations in the Seattle metro area.
Pacific Union, John Aaroe Group Merge
The merger will create a powerhouse luxury residential real estate company covering the Golden State from top to bottom—and then some.
Hilton’s Curio Collection Signs First DC Hotel
The former DoubleTree Hotel near Dupont Circle in Northwest D.C. will reopen as part of Hilton’s upscale Curio brand.
Yardi Matrix: Denver’s Transformation
Once among the leading metros in rent growth, Denver has started to cool off as a result of the heavy development pipeline and issues with affordability.
Special Report: How Rate Hikes Will Affect CRE
The Fed’s move shouldn’t harm investors’ appetites for assets, but more buyers may start looking for deals with shorter-term leases and frequent resets.
NYC’s 441 Ninth Ave. Lands Two New Owners, Makeover
A partnership between Cove Property Group and Baupost Group paid $330 million for the 423,000-square-foot building.
First Pier-Top Office Building Planned for DC
The 28,000-square-foot structure will be part of The Wharf, Hoffman-Madison Waterfront’s transformative, $2 billion mixed-use project.
Gemini Rosemont Grabs Suburban Seattle Office Park
The three-building, 480,400-square-foot campus last traded in 2004 for $134 million.