Investment
Marcus & Millichap Closes Sale of Downtown Hotel in Music City
Marcus & Millichap has facilitated the $58.2 million sale of the Hampton Inn & Suites Nashville Downtown.
Anbang Consortium Ups the Ante for Starwood, Surpassing Marriott’s Latest Bid
The Chinese insurance group made a $14 billion offer to acquire Starwood Hotels & Resorts Worldwide, topping Marriott International’s most recent bid.
Massive New Diabetes Medical Facility Breaks Ground near Raleigh
Novo Nordisk broke ground on a new 833,000-square-foot medicine production facility in Clayton, N.C., a project expected to create 700 new jobs in the area.
Global Capital for CRE Investment Reaches New Heights in 2015
The latest report from Cushman & Wakefield shows that 2015 was a record year for global capital targeting commercial real estate.
Bailard and CT Realty Complete Second Purchase in Eight Months
CT Realty represented the partnership in the acquisition and will also handle management duties.
D.C. Hospital to Move Ahead with $567M Expansion
The MedStar Georgetown University Hospital has reportedly reached a new milestone in its plan to renovate and expand its current facility in Washington, D.C.
General Electric Finds New Home in Boston’s Seaport District
The company estimates spending as much as $100 million for its new base, including land acquisition costs.
George Smith Partners Aids Under Armour Build-to-Suit in Portland
George Smith Partners has secured financing for a new build-to-suit office development for Under Armour in Rip City.
Boulan South Beach Developer Sells Luxury Condotel and Retail Units For $25M in Miami Beach
Parc Place Development sold 30 luxury condotel units and two retail units within the Boulan South Beach for $25M.
U-Haul Expands Storage Footprint in Baton Rouge
U-Haul Moving & Storage at Greenwell Springs Road in Baton Rouge features 10 buildings with 60,000 square feet of self-storage space.