News
Levin to Manage 2 NJ Shopping Centers
Levin Management Corp. will manage the Mill Creek at Harmon Meadow in Secaucus and the Flemington Marketplace in Flemington. The two shopping centers total some 550,000 square feet combined.
Monday Properties Taps New SVP
Former Gramercy Property Trust Senior Vice President Evan Dreilinger will bring more than 18 years of varied real estate experience to the company.
Economy Watch: Retail Sales Dip in August
Despite a decline in sales for the month, most categories of retailers are enjoying higher sales in 2017 than last year, according to the Census Bureau’s latest report.
The Houston CRE Market in Hurricane Harvey’s Aftermath
The metro’s office market emerged mostly unscathed following the Category 4 storm, while the retail, industrial and hotel industries were affected in certain areas. The flooding did the most damage on residential properties, according to a CBRE report.
Vista Investment Enters Portland Market
The company purchased the 171,828-square-foot Nimbus Oaks flex/business park, located in Beaverton, Ore., a growing submarket of Portland.
Courtyard by Marriott Opens in Wisconsin
The 97-key Courtyard by Marriott Appleton Riverfront will operate as a Marriott franchise, owned by RiverHeath Hospitality and managed by Interstate Hotels and Resorts.
LPC Negotiates Leases at Park Central in Atlanta
The 10-story office building offers tenants access to a wide array of amenities including a fully equipped fitness center, upgraded conference room and on-site café.
Phillips Edison Expands Holdings With Illinois Retail Buy
The REIT is on a mission to enlarge its grocery-anchored shopping center business, this time with the purchase of a Chicago suburb property anchored by local chain Mariano’s.
George Smith Partners Continues Team Expansion
Alina Mardesich, the new senior vice president, will serve as an intermediary between capital sources and property owners, sponsors and developers.
Peachtree Hotel Group Grows National Footprint
Snapping up the properties in three separate transactions, the company added nearly 400 guestrooms to its holdings, marking another big step in its national expansion plan.