News
Robert Brierley Moves Up the Ladder at Colliers
The new executive vice president’s track record includes positions with Brookfield Office Properties, Equity Office Properties, Beacon Properties and Gilbane Properties.
Shamina Investments Nabs Oldest Hotel in Westwood LA
Thorofare Capital provided financing for the acquisition and renovation of the 53-key property built in 1939 by a local family.
Marcus & Millichap Closes Record-Breaking Self-Storage Sale
The two properties, The Vault of Menomonee Falls and The Vault of Waukesha, sold for the highest amount ever paid for a self-storage portfolio in the Greater Milwaukee area.
Hyatt, IHG to Expand Middle Eastern Brands
Both companies have signed for and plan to develop several hotels throughout the Middle East and Gulf Cooperation Council.
JLL Strengthens SoCal Retail Practice with VP Hire
Dan Gill has more than 25 years of experience in the industry and will be based in the firm’s San Diego office. The move is part of the firm’s plan to expand its retail platform.
JCPenney, Sephora Expand Partnership
The beauty destination was first introduced in 2006 and will now be available in 650 stores in 2017. As part of the expansion, the company will hire an additional 800 consultants nationwide.
Economy Watch: Consumers Less Optimistic Despite Economic Growth
Consumer confidence about short- and long-term economic prospects declined in April, according to the Conference Board’s latest Consumer Confidence Index,
Honeywell Taps M Moser To Develop New Atlanta Tech Building
The new office will support Honeywell’s evolution towards becoming recognized as a software business and serve to better showcase its leadership.
Starwood Launches Uptown Suites Brand
The first location has opened in Concord, N.C., with more than 10 Uptown Suites properties slated to open by 2019.
Hanley Closes Sale of LA Fitness in Chicago Area
The 37,000-square-foot facility at 620 North York St. was finalized last year. The tenant signed a 15-year primary lease with a number of option periods.