News

Meet Ashford Hospitality Prime’s New CEO

Richard Stockton brings more than 20 years of experience in real estate investment.

Long & Foster Real Estate Expands Folsom Team

Latanya Ingraham will specialize in working with homebuyers and sellers for the privately owned residential real estate company.

Microsoft Mushrooms in Mecklenburg County

The tech giant is increasing the size of its data center campus in Boydton, Va., with a $251.6 million investment.

UPS to Build 250-Acre Atlanta Distribution Facility

The company has signed a lease with Majestic Realty Co. to build its largest-yet distribution facility at Charlie Brown Airport.

Culver City Office Complex Lands New Tenant

Olive Hill Group has signed a top market research firm as the latest tenant for one of its office assets near Los Angeles.

Oceanfront Hotel Re-Opens on Hawaii’s Hilo Bay

The Grand Naniloa Hotel Hilo – a DoubleTree by Hilton features 320 guest rooms and recently underwent a $30 million renovation.

Yardi Matrix: Houston Hits the Brakes

Traditionally an energy-driven market, Houston is trying to reshape its economy as the drop in oil prices has decimated job growth in some segments and put a damper on the housing market.

151 South Warner Road in King of Prussia, Pa.

Liberty Property Trust Sells King of Prussia Office Asset

Purchased by a German family office for $26.8 million, the property was redeveloped by Liberty and was designed to meet LEED Gold standards.

Economy Watch: The Nation’s Top Cost-Burdened Rental Markets

A recent ABODO report revealed which U.S. metros are spending more than 30 percent of their income on rent.

JLL Completes $36M Sale of PDX Logistics Center II

The Class A, 355,200-square-foot asset was sold to Clarion Partners.