News
Siemens Pumps $20M in Chicago R&D Hub
Dubbed The Siemens Building Technologies CPS Software House, the building will operate as a global software development competence center. The facility is scheduled to open in early October 2017.
Park Hyatt Brand to Debut in Mexico
Two new luxury hotels in Los Cabos and Mexico City are scheduled to open in late 2020 and early 2021, respectively. Both will feature guestrooms and residences.
2017 DLA Piper 14th Global Real Estate Summit
Here is Commercial Property Executive’s exclusive coverage of the event.
Westfield to Debut $1B Century City Redevelopment in LA
With its big-ticket beautification process coming to a close, the 1.3 million-square-foot shopping center will have a grand opening on Oct. 3, presenting visitors with an additional 422,000 square feet of retail space, new outdoor plazas and a host of unique offerings, including the world’s first permanent Uber Lounge.
düber Secures $50M Funding for 15 Cannabis Distribution Centers
The company signed an agreement with Vacone Real Estate to acquire, fit out and master lease the properties, which total 400,000 square feet.
DLA Piper Special Report: Placemaking Priorities from Related, Forest City, Federal Realty
What makes a live-work-play space successful? Think flexibility, prioritization—and the right combination of uses for the specific location.
Integrated Health Campus Lands $53M Mortgage Financing
HFF’s debt placement team secured a 10-year, fixed-rate mortgage for the owners of a 10-year-old medical office building property in Allentown, Pa.
Thai Union Leases Building at Campus 2100
Thai Union North America will relocate its office to Campus 2100 in El Segundo, Calif. The new tenant will occupy the creative office space by the end of the year.
Waldorf Astoria Dives into the Maldives
Scheduled for completion in early 2019, the five-star hotel will mark the first ground-up development for Hilton’s Waldorf Astoria brand and the second in the Maldives for Hilton overall. The property will feature an approximately 22,000-square-foot spa.
CBRE To Lease South Beach Office Assets
The team of Maggie Kurtz, Diana Parker, Kevin Gonzalez and Jason Krieger will spearhead marketing efforts on behalf of the owner, Ivy Realty.