News
Savills Studley Inks New Office Lease
The commercial real estate services firm moved just up the street from its current location in downtown Denver, taking 8,500 square feet at 1125 17th St., a Class A tower co-owned and managed by Hines.
Mack-Cali Unveils $50M NJ Capital Improvement Initiative
The REIT plans to renovate building exteriors, install state-of-the-art amenities and modernize common areas throughout its portfolio of properties in Parsippany, Short Hills, Metro Park and Red Bank, N.J.
Hilton Opens 185th Home2 Suites Hotel
Home2 Suites by Hilton Lafayette offers convenient access to Purdue University, as well as Purdue University Airport. The hotel features the brand’s specific amenities.
T5 Opens New Dallas Facility
The new greenfield, purpose-built facility boasts the same construction parameters as the rest of T5’s projects in its campus in Plano, Texas, and is LEED Silver certified.
Harbor, Goldman Sachs Close Denver Off-Market Transaction
The deal represents the ninth value-add office acquisition for Harbor in the last two years and is the firm’s first building in the Denver market.
Law Firm Relocates to Pittsburgh CBD
The law firm first announced plans to move its headquarters back in November 2016. At that time, the site of its new offices—Union Trust Building—was 75 percent leased.
Hunter Hotels Brokers Sale of AR Hotels
The company facilitated the sale of the 78-key TownePlace Suites by Marriott and the 130-key Candlewood Suites Rogers in Bentonville. Investra Capital Inc. purchased the two assets.
Vantage Adds 9MW to Santa Clara Campus
The data center company will continue expanding its Santa Clara presence. In addition to the newly completed V6, another building is slated for completion in 2018, as well as a new campus.
Aloft and Element Hotels Receive $140M Financing
HFF arranged the financing of the 330- and 180-key hotels on behalf of the borrower, through Starwood Property Trust. The hotels opened for business in 2016.
BlackRock Sells LA Office
Eastdil Secured represented the seller of Pacific Corporate Towers, a three-tower office building in El Segundo, Calif., which an institutional investor purchased.