News

Hilton Opens Embassy Suites in Seattle’s Pioneer Square

The hotel offers two-bedroom and penthouse suites, totaling 282 keys. All guest rooms and amenities are enclosed in two glass towers.

Economy Watch: GDP Grew Faster Than Previously Reported in 4Q

The Bureau of Economic Analysis’ final estimate for fourth-quarter 2017 GDP came in at an annualized rate of 2.9 percent, reflecting stable economic growth.

Two New Self-Storage Facilities Open in Austin

The facilities are only a part of the company’s growing portfolio in the Austin, Texas area. The firm has an additional eight self-storage developments currently underway, slated for completion in 2019.

KPFF Doubles LA Office Footprint

The firm, which already occupies an entire floor totaling 24,000 square feet in the Los Angeles high-rise The Bloc, will soon occupy the story underneath it.

105 Moatfield Drive in Toronto

Slate Office REIT Snags $191M Portfolio in Canada

The Toronto-based company purchased the 1 million-square-foot group of properties, located in Greater Toronto and Atlantic Canada, from Cominar Real Estate Investment Trust.

1660 Lincoln St. in Denver

Unico Properties Sells Denver CBD High-Rise

Westport Capital Partners purchased the 28-story, 284,600-square-foot building. HFF represented the seller and secured the acquisition loan from ACORE Capital.

Hospitality Industry Trends: From Eco Furniture to Street Art

Edenburg Hospitality’s Ignacio Edenburg discusses the growing popularity of eco-friendly materials in hotel development. He also touches on hospitality industry trends and how certain projects can stand out from a design perspective.

Otay Crossings Commerce Park in Otay Mesa, Calif.

Kearny, PCCP Break Ground on San Diego-Area Industrial Park

The partnership is set to complete the $40 million first phase of the 311-acre project by the summer of 2019.

Tru Expands Southern Hospitality With 3 New Hotels

The properties join another six in the region, with nearly 30 additional locations expected to open in the Southern U.S. this year.

Black Creek Buys Inland Empire Warehouse Portfolio

The newly built assets encompass roughly 745,000 square feet and are situated nearby major thoroughfares including interstates 10 and 215 and State Route 60.