News

Hines Claims Prime Retail Prize in Barcelona

Houston-based Hines has expanded its retail portfolio with the acquisition of Arcs 10, a prime retail asset in Barcelona.

Brookfield Makes a Move for Rouse

Brookfield made an unsolicited $657 million takeover bid for Rouse Properties, hoping to boost its one-third ownership of the retail REIT.

Wimpling, Kleiman Appointed as hotelAVE Executive VPs

HotelAVE, a leading hospitality asset management firm, recently named Michele Wimpling and Nina Kleiman as executive vice presidents.

New Alliance to Serve Hotel Sector’s Capital Market Needs

Interstate Hotels & Resorts has formed a strategic alliance with Hospitality Funding to better serve its clients pursuing hotel projects.

Super-Regional San Jose Mall Sells for $200M

Pacific Retail Capital Partners and Silverpeak Real Estate Partners plan to invest $15 million to renovate the 1.4 million-square-foot Eastridge mall in the heart of Silicon Valley.

YouTube Lands Massive San Bruno Office Park for $215M

The online video-sharing giant purchased a 554,328-square-foot Class A office campus as part of a major expansion for the company.

Economy Watch: Improved Architectural Billings Benefit Construction Industry

Increased demand for design services at the end of 2015 should indicated good prospects for the construction industry this year.

Amazon@Purdue, West Lafayette, Ind.

Online Giant Amazon Debuts First Ohio Store

E-commerce juggernaut Amazon has opened a new pick-up and drop-off store near the University of Cincinnati.

Former Nashua Athletic Club Building Gets New Lease on Life

Plans are underway to convert a former fitness facility in the city of Nashua into modern self-storage units.

Economy Watch: Consumers End ’15 Hesitant to Spend

Consumers are starting off 2016 being more cautious with their spending, which is starting to impact U.S. retail sales.