News
Deka, Ashkenazy Buy Marriott New York East Side
Deka Immobilien and Ashkenazy Acquisition Corp. have partnered on an asset in Manhattan’s largest office corridor.
Economy Watch: CRE’s Upward Course
A stronger labor market and rising household formation ought to keep the wind in CRE’s sails.
Gilbert Snags Two New Center Parking Decks—Albert Kahn/Fisher Duo to Follow?
In a move that simply doesn’t surprise anyone anymore, Detroit real estate mogul Dan Gilbert snagged two more properties in the city.
New York Investor Sells Massive Industrial Asset in Pittsburgh
Rugby Realty Co. Inc. has recently closed on a major cash-out deal with the selling of the Amazon and ModCloth distribution center in Pittsburgh’s West End.
Nova Corp. to Open State’s Newest Data Center in Albuquerque
After more than six years of planning and development, NOVA Corp. is ready to open the first phase of its Innava Data Center, the state’s newest and largest data center. The official opening date is scheduled for June 3.
Value-Added Apartment Portfolio Sold in North Miami Beach
Three apartment communities in the North Miami Beach area changed hands recently, the seller Faith Investment Properties Group, announced. Grand Island Place I, Grand Island Place II, and Aventura Brentwood Apartments include 310 units and were sold for the total of $28 million.
Design Revealed for U.S. Olympic Museum and Hall of Fame in Colorado Springs
Architects at Diller Scofidio + Renfro of New York have revealed the preliminary design concept for the U.S. Olympic Museum and Hall of Fame to be located in Colorado Springs.
Aloha Tower Marketplace Dorms to Open in August
Hawaii Pacific University’s $50 million revitalization of the Aloha Tower Marketplace in downtown Honolulu is nearing completion.
Gemstone Shines in South Florida
Gemstone Hotels & Resorts has entered the South Florida market and collaborated with a prominent commercial real estate company.
International: Hines Trades Mexico City Shopping Center
A local REIT has taken a major retail property in Mexico City off of Hines’ hands.