News

Economy Watch: Optimistic Reports About Economy Still the Norm

Both the Federal Reserve Bank of Philadelphia and the University of Michigan reported that continually strong economic conditions have consumers feeling confident.

Hilton to Open First Triple-Branded Hotel

The new property will be located next to North America’s largest convention center, McCormick Place in Chicago.

One Vanderbilt

SL Green Partners Up on $3B NYC Office Project

The REIT has sold minority interests in the One Vanderbilt trophy high-rise to the National Pension Service of Korea and Hines.

Terry Brown, Sam Judd and Jason Tompkins

Asana Partners Closes Initial Fund at $500M

The company is targeting retail real estate investments in high-growth urban and infill neighborhoods across the United States.

Embassy Suites by Hilton San Antonio Airport

Zachry Hospitality Completes San Antonio Hotel Facelift

The asset is located in close proximity to the San Antonio International Airport, 8.5 miles from downtown and The River Walk.

New York City Skyline

NYC Carbon Challenge Expansion Heralds a Greener Big Apple

No fewer than 22 additional participants have committed to reduce greenhouse gas emissions from their buildings by 30 percent or more over the next 10 years.

Scott McKibben

Chicago Industrial Portfolio Changes Hands

Brennan Investment Group is the new owner of 30 industrial buildings totaling more than 2 million square feet.

Phillips Edison & Co. Announces Promotions

All three executives are active leaders with the International Council of Shopping Centers.

Lincoln Lands Atlanta Management Assignment

The Class A office building is close to some of Atlanta’s most sought-after executive neighborhoods.

1577 Spring Hill Road, Tysons, Va.

Transwestern Tapped to Sell NoVa Office Asset

The property is prime for redevelopment, with potential to build more than 1.2 million square feet of transit-oriented space.