News

Donohoe Grows Hotel Management Portfolio by 1,106 Rooms

The company’s management portfolio is set to more than double in the next 36 months, reaching a total of 3,142 guestrooms across five states.

Natixis Introduces Green Weighting Factor

This makes Natixis the first bank in the world to adopt a tool that actively manages the climate impact of its balance sheet, going beyond reporting.

National Instruments Sells Austin Office Asset for $35M

The buyer is a discretionary institutional commercial real estate fund formed in 2012, represented in its first foray into the market by Madison Marquette.

First Ground-Up OZ Project Comes to Miami Design District

BH3 is set to develop a retail building on two adjacent parcels near Interstate 195, halfway between Miami International and Miami Beach.

Pennsylvania Distribution Center Commands $43M

Black Creek Group acquired the 456,810-square-foot asset in Shiremanstown. JLL assisted the seller in the disposition.

US Storage Centers Delivers Los Angeles-Area Facility

The firm has expanded its footprint with the completion of a 1,440-unit storage asset in Compton, Calif.

Historic New Orleans Building Changes Hands

A partnership between Wampold Cos. and The Lemoine Co. purchased the some 500,000-square-foot complex.

Skanska to Renovate University of Cincinnati College of Law

The construction company has signed a $32 million contract, with the project scheduled to kick off in July 2020 and be completed by late 2021.

Summit Design + Build Breaks Ground on Chicago Adaptive Reuse Project

The company is converting a former Sears store in the Ravenswood/Lincoln Square area into a mixed-use building, half of which is leased to DeVry University.

Multi-State Office Portfolio Scores $455M in Financing

Brookwood Financial Partners utilized the funds to recapitalize 27 properties totaling more than 4 million square feet of suburban space.