News
Hyatt Advances Global Growth Spurt
The chain plans to open in excess of 50 hotels under the Hyatt Place and Hyatt House brands this year, substantially bolstering a worldwide portfolio that consists of about 350 properties and 200 cities.
Full Steam Ahead for Vancouver Waterfront Project
At full build-out, Waterfront Vancouver will consist of 3,300 new residential units, more than 1.3 million square feet of Class A creative office space, a boutique hotel, flagship restaurants and unique retail spaces.
Manhattan’s GM Building Lands $2.3B Refi
Boston Properties has completed a $2.3 billion refinancing of the 50-story, 2 million-square-foot trophy tower. The financing includes interest-only payments and matures in 2027.
Chicago’s Blackstone Hotel Joins Autograph Collection
The Blackstone has found a new home in the Autograph Collection Hotels, given its rich history, exceptional design and iconic reputation. Known as the “Hotel of Presidents” for more than 100 years, the property has hosted U.S. presidents, foreign dignitaries, actors and more than a dozen movie productions.
C&W Selected to Market Brinker HQ
Brinker International is set to relocate within the Cypress Waters development in Dallas in spring 2019. Cushman & Wakefield will be in charge of marketing the 110,000-square-foot office building.
ASU, Catellus Reveal Next Phase of Novus Innovation Corridor
The next phase will add more one million square feet of mixed-use urban development upon completion. The project will ultimately create roughly 20,000 jobs and will bring 5,000 residents to central Tempe, Ariz.
Friedman Negotiates Illinois Flex Space Lease
Crystal Chem leased the 5,673-square-foot facility in Regent O’Hare business park, close to its main office in Downers Grove.
Knoxville Gives It the Old College Try
The availability of affordable housing and favorable business costs make the area a fertile environment for new ventures. Home to the University of Tennessee, the market benefits from a steady stream of qualified professionals in some of the most promising job sectors.
Opus Hands In Two Customized Developments
The two buildings are part of the Oakview Corporate Park in West Dundee, Ill. and offer a total of more than 157,400 square feet of office and warehouse space.
Opus Promotes Mike Yungerman to VP & General Manager
In his new role, Yungerman will use his 12-year experience with the company to manage the Chicago team and to oversee and expand Opus’s portfolio in the area.