News
Colliers Arranges $23M Sale of 2 Boston Properties
Hemisphere Development purchased the currently vacant assets located in the Financial and Theatre districts, with the intention of redeveloping them.
Pacific Hospitality Acquires, Opens Dallas Hotel
The 256-key dual-brand hotel, opened under the Residence Inn and AC Hotel flags, broke ground in 2016 in the heart of the Dallas Midtown development.
Repositioned MA Office Building Lands First Tenant
Campanelli has recently invested in the repositioning of the 188,000-square-foot 100 TECH office property in Stoughton, 18 miles south of downtown Boston.
Preferred Apartment Communities Grabs 2 Retail Assets
Publix grocery stores anchor both community shopping centers, which total nearly 140,000 square feet in the Nashville and Atlanta areas.
Retail Expansion Kicks Off Near Atlanta
The second phase of The Shops at Belmont will add more than 10,000 square feet to the property. Two tenants have signed leases and expect to open this fall.
Clarius Trades Phoenix Industrial Property
The two-building asset opened in 2017 and contains nearly 200,000 square feet. The structures are 71 percent leased to four tenants.
AC Hotel Opens in Midtown Manhattan
The 290-key Marriott property located near Times Square is the company’s first AC Hotel in New York City.
Robinson Weeks Breaks Ground on DFW Industrial Project
The 562,640-square-foot development will include a 36-foot clear cross dock design, parking for 125 trailers and 360 vehicles, as well as 190-foot truck courts.
Vision Real Estate Expands NJ Office Footprint
The firm purchased 20 Waterview Blvd. in Parsippany from Mack-Cali Realty Corp. for $12.9 million. The building is set to undergo extensive interior and exterior renovations.
Economy Watch: GDP Growth Slower in Q1
Real U.S. GDP increased 2.3 percent in the first quarter of 2018, according to the Bureau of Economic Analysis’ first estimate, coming in less than the 2.9 percent growth achieved in the previous quarter.