News
Farmland Enters Lease Agreement with ESA Renewables for Solar Farm
Farmland Partners entered a lease agreement with ESA Renewables for 50 acres at one of its North Carolina farms.
Largest Ranch in U.S. Gets Sporty New Owner
The sale of the 535,000-acre ranch was the largest transaction in Sotheby’s International Realty’s history and was sold to a billionaire businessman and sports entrepreneur.
California REIT Signs 16K SF Lease at Park Center
Xplore Technologies at Park Center leased 16,228 square feet of office space to KBS Strategic Opportunity REIT.
Starwood Continues Expansion in Gateway European Cities
After opening a record 18 new hotels in Europe in 2015, Starwood is planning to further expand its footprint across the continent with the completion of more than 30 projects by 2020.
Economy Watch: CRE Prices See First Dip in 6 Years, Says Moody’s
Moody’s/RCA’s latest Commercial Property Price Indices revealed commercial property prices declined for the first time since early 2010.
BlueRock Fund Lands German Media Group HQ
BlueRock Fund has acquired Neven DuMont Haus, the headquarters of one of the largest media groups in Germany.
Taubman Centers Reveals $500M Re-Imagination of L.A.’s Beverly Center
Taubman Centers will soon begin a half-billion-dollar renovation of the 886,000-square-foot shopping center that will transform every aspect of the site.
Heartbreak Hotel Gets Classy Neighbor in Memphis, Reservations Open
The Guest House, already taking reservations for October 2016-February 2017, is the most important development within the Graceland area since the major tourist attraction opened to the public in June 1982.
Historic Palace Becomes First InterContinental in Venice
The 51-key InterContinental Venice – Palazzo Nani is slated to open at the beginning of 2018 and will run under a franchise agreement.
Hilton Garden Inn Bucharest Old Town Set to Open in 2017
Romania’s first Hilton Garden Inn is expected to open in Bucharest’s Old Town by 2017.