News

1411 Fourth

Mack Real Estate Group Sells 1411 Fourth in Seattle CBD

As the seller pivots towards a multifamily-centric strategy, assets such as 1411 Fourth have to be traded.

Luke Petherbridge, Excel Trust

Excel Trust Named New President & CEO for Extended Portfolio

Luke Petherbridge is leaving his role as CFO at DDR Corp. for a top position at Excel Trust, a REIT which more than doubled its portfolio.

Simply Self Storage Hires SVP of Corporate Growth

Joe Robinson joins Simply Self Storage as senior vice president of corporate growth.

BAI Haibo, Chairman & CEO of HNA Hospitality & David P. Berg, CEO of Carlson Hospitality

Cross-Border Buyer for Carlson Hotels

Carlson Hospitality just revealed that it has signed on the dotted line to sell Carlson Hotels to this Beijing-based global conglomerate.

Michael Meyer, director of development, Kearny Point, N.J.

Hugo Neu Appoints Director of Development for 130-Acre Business Campus

In his new role, Michael Meyer will work closely with the Kearny Point team to leverage its existing platform and drive growth across the broader redevelopment efforts.

Gramercy Property Trust

Gramercy Extends Portfolio with 12 Industrial Buildings in U.S. and Canada

The 12 industrial assets are located in major markets and were acquired for $115.2 million. Gramercy assumed four mortgages for the transaction.

VOS Hospitality Plans to Revitalize Miami Beach Historic Hotel

Greystone Hotel is set to become a 56,000 square-foot boutique property in the center of Miami Beach.

Residential and Commercial Project Breaks Ground Near Atlanta

Stolz Partners has begun construction of Independence, an amenity-full 430-acre mixed-use project in Gwinnett County.

John Kilroy, Kilroy Realty

Kilroy Delivers 2 San Francisco Office Projects, Nabs L.A. Office Tenants

Kilroy Realty has been pretty busy lately, delivering major office developments and landing important tenants on the West Coast.

Economy Watch: FOMC Holds Rates Again

Unsurprisingly, the Federal Open Market Committee again decided against raising interest rates, but for a different reason than the one given in March.