News
Atlanta Hotels Win Big With Super Bowl
The city’s hospitality sector recorded higher than anticipated RevPAR and ADR growth for game weekend, reveals a new analysis by STR Inc.
Vineyard Wind Advances 1.2GW Liberty Wind Project
This would be one of the largest offshore wind projects in the world, capable to generate enough emission-free energy to power more than 750,000 New York households.
7X Energy Sells 100MW Solar Project to Duke Energy Renewables
Lapetus will occupy approximately 800 acres, with construction scheduled to begin before the end of March. This is the first large scale solar project in Andrews County, Texas.
Taurus Investment Trades Orlando Office Campus
The $33.5 million sale includes three Class B buildings totaling nearly 200,000 square feet. The seller purchased the asset in 2016 for approximately $17 million.
Autograph Collection to Open First PA Hotel
The 10-story hotel sits next to the former Pittsburgh Athletic Association, offering convenient access to Pittsburgh International Airport.
Bridge Development Breaks Ground on LA-Area Industrial Facility
The company has launched construction of Bridge Point Vernon, a 117,360-square-foot asset located three miles south of downtown Los Angeles.
Indianapolis Office Commands $32M
Tryperion Partners purchased the recently developed, 137,000-square-foot asset, home to Allied Solutions’ headquarters, with Morgan Stanley providing more than $17 million in acquisition financing.
South FL Shopping Center Commands $43M
HFF facilitated the sale of the 107,000-square-foot retail asset in Wellington. The new owner took out a $13.5 million loan to finance the acquisition.
JV Completes Sale of PA Industrial Facility
J.G. Petrucci and The Davis Cos. have sold Wind Gap Logistics Center, a 349,012-square-foot warehouse and distribution property developed in 2018.
Marriott Secures $40M Loan for Tucson Asset
The 136-key AC Marriott is the first hotel to be built in the city’s downtown since the early 1970s. Walker & Dunlop arranged the financing.