News

Stiles Picks Up Stalled Office Project in Charlotte

An out-of-state developer is bringing a long-planned commercial development back to life.

OliverMcMillan Names Michael O’Hanlon COO, Promotes 2 Execs

Former REIT executive will oversee acquisitions and development activities.

Macy’s Continues Restructuring, Sells Assets to GGP

The $46 million sale follows Macy’s announced plans to close roughly 15 percent of its properties by next year.

Aloft Long Island City-Manhattan View

Gene Kaufman Designed Aloft Hotel to Open in Long Island City

The 18-story Aloft Long Island City-Manhattan View will offer more than 74,000 square feet of living and entertainment space to its guests.

Christian Bearman Named CEO of Situs Europe

Based in London, he will oversee the development of Situs Europe, as well as the expansion of the company’s global presence.

HFF Closes Sale of 59 KSF Retail Center

The 4.81-acre asset consisting of three buildings was acquired free of debt.

Converted Brooklyn Warehouses To Target TAMI Tenants

The largest mixed-use development in Brooklyn’s Gowanus neighborhood will activate the area with a mix of creative workspace and retail.

500 W 2nd Street Austin

Austin Office Tower Tops Out, Lands 3 More Tenants

Trammell Crow and Principal Real Estate Investors have added Deloitte, CBRE and King & Spalding to the tenant roster at 500 W. 2nd St.

Jim Abrahamson

Interstate Hotels & Resorts Appoints New Chairman

Jim Abrahamson will serve as both chairman & CEO until early 2017.

Economy Watch Weekly: Healthy Economic Metrics Bode Well for CRE

Recent economic metrics suggest that the economy is growing at a healthy clip once again. Economy Editor Dees Striblign discusses how some of the good news affects the commercial real estate industry, for the week ending Oct. 28, 2016.