News
Balfour Beatty to Helm $260M Miami Project
H&R REIT tapped the international infrastructure group to build River Landing Shops and Residences, a 2 million-square-foot project that will take shape along the Miami River.
Grocery-Focused REIT Completes $1B Sponsor Buy
Phillips Edison’s transaction has created the largest REIT exclusively focused on grocery-anchored shopping centers. The new entity has an enterprise value of roughly $4 billion.
Expo Real 2017: The French Connection
In the wake of Brexit, Paris is betting big on the future of its real estate. First stops: a $41 billion infrastructure project and the 2024 Olympic Games.
Charles River, AEW Land $205M Mixed-Use Financing
Located a few miles from Boston, The District Burlington is a 1 million-square-foot urban park with suburban environment features. Tenants are attracted by its enhanced connectivity, walking trails and private shuttles.
Pei Wei Moves HQ to Northwest Dallas
The Pan-Asian restaurant chain signed a 16,269-square-foot office lease at Las Colinas Highlands, a 200,000-square-foot building in Irving, Texas. The seven-story property’s vacancy dropped to 27.9 percent.
Miami’s 10 Tallest Office Buildings
Downtown Miami has grown into one of the largest financial districts in the U.S. According to Yardi Matrix data, the top 10 tallest office buildings are in Miami’s Brickell neighborhood.
PCCP, TriStar to Develop 600KSF Industrial Facility
The property is located in Edwardsville, Ill., within the 15.7 million-square-foot Gateway Commerce Center, which includes tenants such as P&G, Unilever and Amazon.
Skanska Pours Seattle Tower Foundation
The 2+U development will offer 665,000 square feet of office space, a 24,000-square-foot outdoor urban village and an 18,000-square-foot retail component. The project is slated for completion in 2019.
Waterton Enters DC Hotel Market
The company acquired the former Loews Madison, a 356-key downtown hotel with a rich history. The property, rebranded as The Madison, a Hilton Hotel, has undergone more than $75 million in capital improvements in the last 15 years.
Xenia Invests $305M in 2 AZ Hotels
The company purchased the 493-key Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch in Scottsdale, Ariz., as well as the 119-key Royal Palms Resort & Spa in Phoenix. Both hotels will continue to be managed by Hyatt.