News
HFF Arranges Sale, Financing for 5-Property Self-Storage Portfolio
In a $35 million deal closed by HFF, Self Storage Capital Partners acquired five assets totaling more than 310,200 rentable square feet in Harrisburg, Pa.
IU Health’s Mammoth Project Could Spur Housing Boom in Indianapolis
IU Health’s $1 billion project will include consolidating the Methodist and University hospitals’ adult services into one academic medical campus in downtown Indianapolis.
Economy Watch: Manufacturing Not Rebounding from Slack Q1
Markit’s latest U.S. manufacturing PMI dropped to its lowest level in more than six years, reflecting the sector’s continued sluggish growth in 2016.
Juniper Terrace Latest Asset to Be Acquired by Bascom
This is the investor’s 9th purchase in SoCal in the past 12 months.
Hines Enlists Tech Company for San Mateo Property
Yet another tech company has signed up for office space in the Bay Area.
Chevron Hawaii Sells Stations, Refinery and Pipeline to New York Investor
Chevron Hawaii’s c-stores will become Texaco gas stations, following the company’s disposition of its refining, distribution and retail assets in the Aloha State later this year.
Homewood Suites by Hilton Opens First Property in Cocoa Beach
Homewood Suites by Hilton Cape Canaveral-Cocoa Beach marks the first Cocoa Beach hotel for the brand, which is nearing its 400th opening.
Boyd to Buy North Vegas Hotel-Casino for $380M
The Boyd Gaming Corp. is expanding its Nevada portfolio with the acquisition of the Aliante Casino Hotel and Spa.
Urban Commons Lands Queen Mary Lease in Long Beach, Preps for Project
Urban Commons LLC has signed a 66-year lease of the retired ship, with plans to renovate the vessel and develop 45 acres of surrounding land.
Leasing to Begin at Florida’s Largest Premier Intermodal Logistics Center
The company will handle leasing for the planned 8 million-square-foot Central Florida Intermodal Logistics Center, on behalf of Winter Haven Industrial Investors.