Investment
CliqStudios Invests $2M in New Design Center
The company plans to hire 98 associates at the new facility.
Equus Buys $22M Office Asset in Metro Seattle
The property consists of two buildings situated on a 7.2-acre lot in Redmond, Wash.
Ford to Invest $700M in Michigan Factory, Cancels $1.6B Mexican Plant
The move is part of an overall $4.5 billion investment on electrified vehicles over the next four years.
Stockholders Approve New York REIT Liquidation Plan
NYRT will use a $760 million facility from Credit Suisse to repay previous debt, purchase Worldwide Plaza and fund the REIT’s dissolution.
Iconic Downtown LA Office Building Commands $336M
The 48-story Citigroup Center was developed by Rockefeller Group and designed by noted architectural firm AC Martin Partners.
HFF Arranges Sale of Hampton Inn Hotel in Austin
The asset is located 1 mile from Austin Bergstrom International Airport and 5 miles from the Formula 1 racetrack.
How Will Rising Interest Rates Affect CRE?
Paul Fiorilla, associate director of research for Yardi Matrix, examines the possible effects of rising interest rates on the commercial real estate market as we head into 2017.
Meridian Acquires 105 KSF Office Building for $29M
This marks the second major office transaction for Meridian in northern California since September 2016.
Carey Watermark Acquires SF Ritz-Carlton
More than $20 million of capital improvements have transformed the hotel since 2014.
Charlotte’s Motor Speedway Commerce Center Trades for $11M
Purchased by Pegh Investments, the 180,000-square-foot Concord building changes hands, but remains in the NASCAR family.