News
Greysteel Arranges Financing of Houston-Area Storage Asset
The firm’s Dallas-based office secured the interest only non-recourse bridge loan for the acquisition of a 572-unit facility located in Conroe, Texas.
Hilton Opens Energy-Saving Hotel in AL
The full-service development reduces energy use by 32 percent and water use by 35 percent. Looney & Associates designed the interior of the hotel.
Coworking Firm Expands San Antonio Lease
Venture X expanded its current Stone Oak location by 7,600 square feet in three phases, adding new lounge areas, conference rooms and private offices.
Pebblebrook Raises $1.8B for LaSalle Merger
Earlier in the year, LaSalle Hotel Properties had said yes to an all-cash offer from Blackstone, but the company later terminated the agreement in favor of the Pebblebrook bid.
Raleigh-Area Office Campus Fetches $69M
HFF, acting on behalf of Crescent Lakeside LLC, orchestrated the sale of Crescent Lakeside I & II, a 255,000-square-foot property in central North Carolina’s Research Triangle.
Midtown Realty Affiliate Buys Miami Shopping Center
A joint venture between Duncan Hillsley Capital and Pebb Capital sold the 126,000-square-foot property for more than double its 2014 acquisition price.
Logistics Property Co. Breaks Ground on WI Development
Situated on 67 acres, the 1 million-square-foot project in Kenosha is slated to encompass two buildings and should come online by summer 2019.
CB Insights Takes Full-Floor at Midtown Manhattan Tower
The tenant will occupy more than 43,000 square feet at 498 7th Ave. starting with June 2019. The company has been in the building since 2016.
Crystal City Gains in Amazon HQ2 Sweepstakes
Speculation mounts that the online retailer will tap the neighborhood across the Potomac from Washington, D.C. JBG Smith, the submarket’s primary office owner, would be poised to benefit.
Placemaking in Practice: Trends, Tools, Tips
How does a property convey a distinctive sense of place? An eclectic panel of experts tackled that elusive question in a highlight of the event honoring winners of the CPE Distinguished Achievement Awards and MHN Excellence Awards.