Investment

U-Haul Telegraph Road, Detroit

U-Haul Transforms Abandoned Property into Self-Storage Facility

The store, spanning across roughly 143,000 square feet, will become fully operational next year.

Economy Watch: Brexit to Drive Investors to U.S. CRE?

Historic stability and low volatility will continue to drive foreign investment into the U.S. commercial real estate market.

Tishman Speyer Moves Forward with Massive Queens Project

The company is teaming up with Qatari Diar on a $707 million mixed-use project in Long Island City.

Madison Closes Largest International Fund, Exceeds Target

Madison International Realty closed its Liquidity Fund VI with $1.4 billion in equity commitments.

Hollywood Park Casino Readies for Its Close-Up

The new casino will open in the fall, as part of the $3 billion City of Champions Revitalization project.

An den Treptowers 3, Berlin

Blackstone JV Nabs Allianz’s $255M Berlin Base

The 970,000-square-foot asset was sold by Deutsche Office, a subsidiary of alstria office REIT-AG.

Suite $1B Deal for LA Century Plaza Hotel

Next Century Partners has secured construction financing for the redevelopment of the 19-story hotel.

Grosvenor Nabs Boutique Office Asset in San Fran

The 109-year-old building is located in the heart of the city’s Jackson Square neighborhood.

Apple Hospitality Snags Home2 Suites Atlanta Hotel

Built in the early 90’s as an office building, the all-suite hotel retains its historic look and architecture and features 128 suites.

Terry McAuliffe, Governor of Virginia

Spanish Car Parts Manufacturer Sets Base in Virginia

Barcelona-based Sanjo Corte Fino will invest $17.5 million and create 85 jobs in Virginia Beach.