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Hilton Worldwide Announces CEO, CFO of REIT Spin-Off
Hilton’s new real estate investment trust will take shape later this year with Thomas Baltimore Jr. and Sean Dell’Orto at the helm.
Pharma Company Plans $200M Manufacturing Expansion in Waco, Texas
The expansion will add 322,000 square feet of manufacturing space to the major pharmaceutical company’s existing facility, and contribute $840 million to the Central Texas economy.
Report Details NYC’s Ambitious Environmental Plan
New York rolls out strategy for reducing the carbon footprint of its buildings.
GE Opens First Phase of South Carolina Manufacturing Plant
The $400 million advanced manufacturing facility in South Carolina will be the first of its kind for GE Power.
Public-Private Partnership Makes Waves in California
A deal for a $520 million civic project is called the first of its kind in North America.
ULI Special Report: REITs Revitalize Philly’s Market Street
ULI 2016 Spring Meeting attendees toured recent and under-construction properties from Brandywine Realty Trust and Liberty Property Trust that are transforming Center City.
Boyd to Buy North Vegas Hotel-Casino for $380M
The Boyd Gaming Corp. is expanding its Nevada portfolio with the acquisition of the Aliante Casino Hotel and Spa.
Urban Commons Lands Queen Mary Lease in Long Beach, Preps for Project
Urban Commons LLC has signed a 66-year lease of the retired ship, with plans to renovate the vessel and develop 45 acres of surrounding land.
Leasing to Begin at Florida’s Largest Premier Intermodal Logistics Center
The company will handle leasing for the planned 8 million-square-foot Central Florida Intermodal Logistics Center, on behalf of Winter Haven Industrial Investors.
ULI Special Report: REITs Shift Strategies Amid Market Uncertainty
Leading REIT executives Gerard Sweeney and Bill Hankowsky offered insights into their preparations for the volatile economic cycle at the 2016 ULI Spring Meeting.