News
Chicago Grocery-Anchored Shopping Center Commands $107M
Federal Realty Investment Trust likes the market area’s strong demographics and the property’s location in Lincoln Park neighborhood.
National Healthcare Realty Adds New EVP
Mike Wood will oversee all national design, construction and project management efforts for the firm’s ground-up development projects.
Avison Young Adds Capital Markets Specialist
George Vail joined the firm in Miami. As principal, he will be in charge of expanding the company’s capital markets and debt platform in Florida.
PhishLabs Expands Charleston Operations
The cybersecurity intelligence services provider will move its corporate headquarters into a new, 25,000-square-foot facility at the Pacific Box and Crate development, which boasts a coffee shop, open green space and a yoga studio among other amenities.
Humanetics Lands Michigan Facility
The leading supplier of crash test dummies has bought a 78,065-square-foot property in Farmington Hills, Mich., from an owner of commercial and multifamily properties.
NYU REIT Symposium: Finding Value in Disruption
Hosted by NYU Schack, the 22nd annual REIT symposium gathered preeminent decision-makers for a spirited dialogue about the forces impacting the sector. Among the event’s headliners were Equity Group Chairman Sam Zell and Blackstone Global Head of Real Estate Jonathan Gray.
Hotel Indigo Opens in DTLA
The 350-key property is part of Greenland USA’s mixed-use Metropolis development and marks the brand’s first project in the City of Angels.
Stonelake Begins Third Phase at Park Place River Oaks
The company announced the construction of two four-story buildings atop two levels of below-ground parking and a prominent park within the mixed-use development.
Home2 Suites by Hilton Opens New Minneapolis Hotel
Hilton’s new addition to its portfolio is a 102-key hotel situated in close proximity to Flying Cloud Airport and to several major corporations.
Monmouth Nabs FedEx Ground Terminal in Michigan
The company also acquired another FedEx-Leased warehouse at the beginning of the year.