Investment
Skanska Invests $90M in Denmark Hotel Project
The 357-key hotel will comprise around 275,000 square feet of space. Construction is scheduled to begin in January 2018 and completed by September 2020.
The Story of Fan Pier, a Catalyst for Boston’s Waterfront
In the last decade, Boston’s Seaport District transformed into a modern neighborhood, with glass towers and futuristic cultural and event venues. The new developments, some delivered at the height of the real estate crash, are the result of a collaboration between local and state authorities, private investors and developers, residents and cultural organizations. Joseph Fallon, president of The Fallon Co., revealed the story behind Fan Pier, the project standing at the core of Boston’s southern waterfront.
Seagis Buys Warehouse Complex in Miami
With its latest acquisition, the company’s holdings include 10 million square feet of industrial buildings in South Florida, New Jersey and New York City.
KBS Strategic Snags Greater Dallas Office Tower
Brookwood Financial Partners sold 125 East John Carpenter Freeway, a renovated 18-story building in Irving, Texas, three years after its acquisition.
DLA Piper Survey: CRE Still Positive After All These Quarters
Results of the global law firm’s 2017 State of the Market Real Estate Survey, released today at its 14th Global Real Estate Summit, verify that most commercial real estate executives remain positive about the future of the U.S. market—for now.
Hilton Opens New Hotel in Cincinnati
Home2 Suites Florence Cincinnati Airport South features 109 keys. Eliot Cohen and Stuart Cohen own the building, and Vista Host manages it.
JLL Facilitates Sale of Rail-Served Property in Houston
JLL represented the buyer, a Houston-based supplier of multiple types of plastic resins. The property will serve as the supplier’s company’s global manufacturing and distribution center.
Hilton Garden Inn Sells for $44M in Portsmouth, NH
Chatham Lodging Trust is the new owner of the 131-key hotel, which opened in 2006. The company purchased the property from Cathartes Private Investments.
GBT Realty Acquires Alabama Retail Center
HFF represented DDR Corp. and TH Real Estate in the sale of McFarland Plaza Shopping Center, a 234,000-square-foot property in Tuscaloosa.
Kayne Anderson Buys Sentio Healthcare for $825M
The REIT’s portfolio comprises 33 properties, including private-pay senior housing assets, skilled nursing facilities, medical office buildings and specialty medical properties.