News
NAI Partners Arranges 64 KSF Houston Industrial Sale
The 9,000-square-foot 14790 Park Almeda is part of the South Belt Industrial Park, while 14333 Sommermeyer is part of the Sommermeyer Neighborhood Depository/Recycling Center.
New World Plans $2.5B Mixed-Use Project in Hong Kong
The property will encompass 3.8 million square feet of retail, entertainment and office accommodations at Skycity, a 60-acre commercial development at Hong Kong International Airport.
Thor Equities, Meyer Bergman to Sell London Retail Asset for $407M
Considered a landmark since its completion in 1819 as Britain’s first shopping arcade, Burlington Arcade features 37,000 square feet of space and attracts more than 4 million visitors a year.
LTD Hospitality Opens Renovated Holiday Inn in Virginia
The company has revamped the 183-key Newport News hotel it acquired in 2016, transforming it into an IHG property.
NC Mutual Office Tower Undergoing $11M Revamp
The capital improvement plan, scheduled for delivery in September 2018, includes a series of new additions as well as the rebranding of the property.
Allianz Taps Loan, Asset Management Head
Peggy DaSilva, who brings more than 30 years of industry experience to the firm, will oversee the loan and asset management group for the Americas region.
Avison Young Bolsters FL Capital Markets Group
The company established its Valuation & Advisory Services platform in Florida and added Chris Peckholdt as director of the new service line.
Hines Trades Florida Office Property
The new owner will use the office building, formerly a residential sales office for a 1,450-acre master-planned community, as its regional headquarters.
Apple Hospitality Expands AZ Portfolio With $44M Phoenix Buy
Developed by Mortenson Construction and designed by PK Architects, the 210-key Hampton Inn & Suites by Hilton Phoenix Downtown marks the REIT’s 12th hotel property in the state.
Pittsburgh Embassy Suites Changes Hands for $25M
The sale of Embassy Suites Pittsburgh Airport hotel in Coraopolis was brokered by Marcus & Millichap, equating to a price of $112,108 per key.