News
W Bellevue Hotel Opens in Greater Seattle
The property is part of the $1.2 billion Lincoln Square expansion project. Besides the 220 guestrooms and 25 suites, the hotel features 10,000 square feet of meeting space.
Employment Picture
For unemployment, the most significant decrease was in the Farming, Fishing and Forestry occupations with 28.3 percent. The overall unemployment rate dropped 8.9 percent year-over-year.
Crawford Hoying Unveils Urban Columbus Project
800 North High, the company’s first development in the Short North neighborhood, will include a 118-key Moxy Hotel, two restaurants and 45,000 square feet of Class A office space.
NJ Industrial Portfolio Changes Hands in $147M Deal
The transaction, comprising six northern New Jersey properties totaling 1.2 million square feet, represents the largest portfolio sale in the state this year.
CMBS Delinquencies
Retail properties had the largest decline, at $639 million, while office decreased by $518 million.
Transwestern Tapped to Lease Chicago’s Mural Park
The two 100,000-square-foot loft buildings are being redeveloped into a mixed-use project that will include office, light manufacturing and retail space.
Hard Rock Hotel Coming to Daytona Beach
The 200-key property, which is the fourth of its kind in Florida, is being developed in collaboration with Summit Hospitality Management Group and will be managed by Hard Rock International.
Avison Young Taps New Managing Director
Highly regarded industry veteran David Jewkes has more than 25 years of commercial real estate management and transaction experience.
DC Area Office Park Lands New Leases
CliftonLarsonAllen and the Transit Employees Federal Credit Union inked two leases totaling 22,000 square feet of office space at the six-building Capital Office Park in Greenbelt, Md.
