Investment
CVMC REIT II Acquires Two Data Centers near Atlanta, Detroit
Carter Validus Mission Critical REIT II Inc. expands in Florida and Michigan with the addition of two data centers to its growing portfolio.
Capital Metro Approves Endeavor’s Redevelopment Plan for Plaza Saltillo
Endeavor Real Estate Group will redevelop the 10-acre site into a mixed-use, transit-oriented district.
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.