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Belay, Arc Capital Form JV to Focus on Millennial Market
The joint venture will focus on acquiring and repositioning properties in California and Texas.
Amazon Plans Peach State Expansion
The online giant is opening a new fulfillment center in Braselton, Ga.
Invesco Acquires Class A Denver Office Development
The company also bought the construction rights and will ultimately own the 430,000-square-foot Union Station office building.
Hampton Lands in Argentina
Hampton’s first property in the South American country will be located in a new mixed-use development with retail, parking and a plaza.
JLL’s Hotels & Hospitality Group Appoints New CEO
Meet finance veteran Philip Ward, JLL’s most recent EMEA addition.
Freddie Mac Sells Off $706M in Delinquent Loans
Four of the five pools were purchased by an affiliate of Lone Star Funds.
Name Change to Follow Management Shakeup at WP Glimcher
CEO Michael Glimcher’s resignation signals that the retail REIT is on the verge of major changes.
CIM Group Grabs $191M Chicago Office Asset
The Los Angeles-based investor expands its Windy City footprint with the acquisition of the 40-story office tower.
Quest Diagnostics Moves Closer to Manhattan
The company will bring approximately 600 employees to its new headquarters, allowing them to remain in New Jersey and have better proximity to public transportation.
Brandywine, Drexel Unveil $4.5B Plan for Philly Transit Hub
The 35-year plan, centered on Amtrak’s 30th Street Station, is set to bring 18 million square feet of mixed-use development to downtown Philadelphia.