News

Leeny Oberg, Marriott executive VP & CFO.

In 2017, Marriott Became More International than Ever

The world’s largest hotel company signed contracts for a record 55,000 guestrooms in markets outside North America, mostly targeting Europe and Asia.

Montage to Open Wine Country Hotel

The Montage Healdsburg, set to begin construction this spring, will feature 130 guestrooms on more than 200 acres of land.

TSCG Closes Partial Sale of FL Retail Asset

The acquired portion of Riverside Centre in St. Augustine, currently leased to Hobby Lobby and Sherwin Williams, contains approximately 62,000 square feet.

BPDA Approves 159-Key Hotel in South Boston

The new hotel will comprise a total of 87,000 square feet across eight stories, of which up to 20,000 square feet of public amenities will be available to serve the neighborhood.

CenterPoint Leases 400 KSF Warehouse

Uline has fully leased the recently completed, spec industrial property in southeastern Wisconsin for an initial term of five years.

111 Littleton Road East - rendering of the upcoming building

Commercial Realty Group to Renovate NJ Headquarters

Commercial Realty Group acquired the asset in 2016 to serve as its Morris County HQ. The complete overhaul of the building will bring it to Class A standards and leave more than 24,000 square feet available for leasing.

Marcus & Millichap Facilitates Self-Storage Sale

Michael Mele and Luke Elliott, both investment specialists, brokered the sale on behalf of the seller, a limited liability company, and procured the buyer, a private investor.

South Bay Office Building Changes Hands

PCCP LLC has provided a $29.1 million senior loan for the purchase of a nearly 89,000-square-foot, eight-story office building near the LAX Airport.

HFF Brokers Sale of San Antonio Retail Asset

A private investor acquired Nacogdoches Crossing, a roughly 22,500-square-foot neighborhood shopping center, located on the northeastern outskirts of the San Antonio.

TownePlace Suites in Austin Sells for $20M

The asset is situated near Dell’s corporate campus, Samsung’s semiconductor facility and General Motor’s IT innovation facility. The Texas State Capitol, The University of Texas and The Domain are located just minutes away from the hotel.