Investment
Fortress JV Buys $127M Retail Portfolio
The sale included 62 fast-casual restaurants and a Dallas office property.
Coronado Island Assemblage Changes Hands
CBRE completed the sale of the 30,000-square-foot asset for $22 million.
Hilton Opens 87-Key Hotel in Youngstown, Ohio
The new Home2 Suites by Hilton is owned by Meander Hospitality Group and managed by Meander Hospitality Management.
StepStone Invests in HRI Hotel Expansion
Robert W. Baird & Co. served as financial advisor to the New Orleans-based hospitality company.
LA Office Sales Break New Records in 2016, CommercialCafe Report Shows
The sales volume hit a 10-year high last year, with Blackstone and Douglas Emmett scoring as top players.
Marcus Partners Expands New Jersey Footprint
The company plans to implement a $7.6 million improvement program at its newly acquired 230,000-square-foot office building in Morristown.
Houston’s Northborough Tower Under New Ownership
The office property is currently vacant, although it is 99 percent leased to Noble Energy until 2018.
MCR Completes Renovation of Hilton Hotel in Ohio
The hotel operator installed new carpeting, TVs, beds and chairs throughout the entire Hampton Inn Toledo-Perrysburg.