News
Cambria Breaks Ground in Historic Savannah District
Choice Hotels and HOS Management began work on the 103-key, six-story property. This is the brand’s first location in Georgia.
JV Purchases 4th Baltimore-Area Asset for $7M
The fully occupied flex/industrial building is located in Howard County, within 20 and 25 miles of central Baltimore and D.C., respectively.
Cress Capital Snags CO Office Asset
In a partnership with Revesco Properties, the firm invested $16.6 million in acquiring Orchard Pointe, an office building in the Denver Technology Center, located in Greenwood Village.
World Class Buys 1.3 MSF Austin Campus
The company purchased the iconic 1.3 million-square-foot 3M Austin Center, where seller 3M will continue to occupy space for the remainder of 2018.
PCCP, Panattoni Form JV for Seattle Warehouse Construction
Glacier Peak will be built on a 10-acre site on Riverside Road, in a business park located near an Interstate 15 interchange and Boeing’s primary assembly plant.
Blackstone Rearranges Top Execs
Jonathan Gray has been named president & COO, as Tony James moves into the executive vice chairman slot. In addition, two longtime execs will co-head global real estate, the position Gray is vacating.
DFW Industrial Park Lands $40M Equity
HFF secured the money for Copeland Commercial’s first phase of the 2.8 million-square-foot DFW Commerce Center. Phase one will include a cross dock distribution and warehouse building with state-of-the-art facilities.
JV Buys $26M Land for DC-Area Mixed-Use Project
The 1.8-acre parcel is part of The View, a 3-million-square-foot mixed-use development located in the Arts and Entertainment District of Tysons, Va., next to the Spring Hill Metro Station.
Brixmor Sells Suburban Nashville Retail Asset
The nearly 300,000-square-foot shopping center is anchored by Publix and home to Bed Bath & Beyond, PetSmart and a number of other retailers.
Central OR Resort Trades for $12M
KDG Capital acquired the Eagle Crest Resort, which includes a 100-key resort hotel situated on more than 1,700 acres of land.