News
Griffin Sells DreamWorks Animation HQ for $290M
Newmark Knight Frank represented the seller but also arranged the financing for the buyer, LA Hana OW LLC, an entity of Hana Asset Management and Ocean West. The property is 100 percent triple-net leased through 2035 to the studio.
JV Buys FedEx Office Headquarters in Metro Dallas
A nearly $80 million purchase got PRP and AXA Investment Managers – Real Assets a fully leased building in the still-growing Legacy West project. The seller was KDC Real Estate Developments & Investments.
LG Signs 410 KSF New Jersey Industrial Lease
The building is situated on approximately 28 acres and boasts a number of sought-after industrial features. CBRE represented the owner in the transaction and LG Electronics was represented by JLL.
Kimco to Build $110M Shopping Center in Baltimore Area
The company will erect the 575,000-square-foot Mill Station on the land that had been home to the now-demolished Owings Mills Mall.
Baby Boomers Embrace the Live-Work-Play Lifestyle
Christopher Brown, co-developer of Giralda Place, talked to CPE about the new mixed-use development underway in downtown Coral Gables, as well as how the project appeals to Baby Boomers.
Castellum Tapped to Develop Stockholm City District
The upcoming development is expected to bring approximately 1 million square feet of office, hotel, retail and residential space to Söderstaden.
Divaris Completes 6 VA Leasing Transactions
The company renewed contracts for five clients, in addition to a new tenant. The office and retail spaces are all located near major transit routes and shopping centers.
AccorHotels Partners With Brazil Hospitality Group
AccorHotels will manage several of Brazil Hospitality Group’s properties. The company has also acquired LEBSPE Ltda, a company that manages several Brazilian hotels, from BHG.
Hilton Opens Homewood Hotel in Vegas
Homewood Suites by Hilton Las Vegas City Center offers guests immediate access to all the attractions of the Strip, several golf courses and upscale shopping centers.
IHG Expands Holiday Inn Express Portfolio in India
InterContinental Hotels Group has entered into a partnership to rebrand a number of properties across the country under its midscale flag.