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Blackstone Completes $8B Acquisition of BioMed Realty
BioMed Realty Trust has announced the completion of its acquisition by Blackstone Real Estate Partners VIII LP, one of the biggest recent REIT privatizations.
Creative Office Space Opens in L.A.
The co-working concept is taking off with the latest such space from Village Workspaces heading to West L.A., offering large office spaces, event planning and more.
UCLA Survey Forecasts a Mostly Sunny Outlook for CRE
The latest Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey shows optimism among CRE developers through 2018, but slight caution persists.
MetLife CRE Lending Tops $14B in 2015
MetLife Inc.’s real estate investment group hit $14.3 billion in CRE lending in 2015, a record for the insurance giant.
Topgolf Int’l Selects Indianapolis for Expansion
Global golf entertainment leader Topgolf is planning to construct a 65,000-square-foot venue in Fishers, marking the company’s first project in Indiana.
JLL Expands in Western Canada
JLL’s acquisition of Vancouver-based Bill Goold Realty will give the company quite an edge in the multifamily and commercial investment sales arena.
Hyatt Centric Goes Global, Adds More U.S. Sites
The Hyatt Centric lifestyle brand is expanding, with the opening of its first two international hotels, and bringing three U.S. hotels under the upper-upscale brand.
Hilton Worldwide Unveils New Brand
Hilton Worldwide has launched Tru by Hilton, its newest hotel brand, hoping to fill a void in the midscale category in the U.S. and Canada.
Boston Industrial Market in its Prime
Transwestern| RBJ’s fourth-quarter 2015 report reveals Greater Boston’s industrial market is strong across the board and examines the key factors for the rise and fall of each segment.
Mercedes-Benz to Set Up Shop in Suburban Dallas
Mercedes-Benz USA has selected Grapevine, Texas, for its sixth regional facility in a key U.S. market that will service MBUSA client-dealerships.