News
Boston Hotel Project Receives $300M Loan
New Boston Hospitality and Omni Hotels & Resorts will use the financing, provided by a syndicate of banks, to construct a 1,055-key luxury property.
Adventus Expands Atlanta-Area Office Footprint
The Canadian company paid $73.3 million for TownPark Commons, a four-building campus in Kennesaw, bringing its portfolio to more than 1 million square feet in the region.
Transwestern Sells Houston Trophy Asset
A Mexico-based equity fund acquired the recently completed Westway Plaza. At the time of sale, the 313,000-square-foot office building was fully occupied.
Hanley Investment Arranges Sale of Sacramento Retail Center
Spreading across a 7-acre site at the intersection of Club Center Drive and Natomas Boulevard, the property is anchored by CVS Pharmacy, Ace Hardware and Dollar Tree.
DTLA Plaza Adds New Tenant
UNIQLO will occupy the seventh floor of The Bloc, a mixed-use development located in the heart of Los Angeles. The location marks the brand’s first store in downtown.
Cushman & Wakefield Retained for Tampa Office Project
Plans for the 22-acre development call for 750,000 square feet of office and 240,000 square feet of retail and entertainment space, in addition to apartments and a hotel.
JLL Tapped to Manage Houston MOB
LaSalle Investment Management’s newly acquired property contains more than 510,000 square feet and is 99 percent occupied. Memorial Hermann Health System anchors the building.
Public Storage Expands Houston Portfolio
Charmel Storage and Bellomy & Co. have arranged the sale of a 941-unit self-storage facility on behalf of the seller. The brokerage team also procured the buyer.
Jackson Capital Group Launches in Seattle
The brokerage firm will provide investment advisory services, with an immediate focus on the office and industrial sectors.
First Hilton Tri-Branded Hotel Opens in Chicago
The property includes Hilton Garden Inn Chicago McCormick Place, Hampton Inn by Hilton Chicago McCormick Place and Home2 Suites by Hilton Chicago McCormick Place.