News
Fully Leased Houston Manufacturing Facility Changes Hands
Hines sold the nine-building property located within the 650-acre Greens Port Industrial Park, with Stan Johnson Co. brokering the transaction.
The Architecture of the Exotic: Designing Luxury Resorts
Nunzio Marc DeSantis Architects specializes exclusively in hospitality design. In a conversation with CPE, he delves into the current meaning of luxury and whether the architecture of holiday resorts grows organically from a sense of place.
Azul to Manage 1,600-Key Pinnacle Hotel Portfolio
Under a long-term contract, the hospitality services provider will oversee eight properties in Southern California and Texas, relieving the owner from the task.
MCR Opens New Courtyard by Marriott in Northern Virginia
CEO Tyler Morse admits the company chose to build the 187-key hotel in Herndon, close to Dulles International Airport, in case Amazon chooses the area for its coveted HQ2.
DC-Area Office Mid-Rise Trades for $36M
The Chevy Chase Land Co. sold a 70,000-square-foot building in downtown Bethesda, Md., home to tenants including Bank of America and Stone Street Capital.
Ivanhoé Cambridge Acquires Callahan Capital Properties
The companies had a strategic partnership since 2012, growing their U.S. office portfolio to more than $10 billion.
Energy Star’s Higher Bar
Many properties now fall short of stringent new standards. Experts offer tips for making the grade.
Inside a Female-Led Global CRE Business
Michelle Burrell, Servcorp’s center manager at One World Trade Center, discusses her evolution from receptionist to executive in a company that employs 90 percent women. Servcorp has made it a goal to help women advance in a male-dominated industry.
Chattanooga Retail Asset Changes Hands
Six Pines Realty, owner of the grocery-anchored shopping center, sold the 86,000-square-foot property for more than $18 million to Publix.
Cardinal Industrial Nabs South Texas Facilities
The assets, located in McAllen and Pharr, total more than 450,000 square feet, spread across 25.8 acres. JLL brokered the deal.