News
Building and Land Technology Acquires 372 KSF Office Park in Westport, Conn., for $130M
Building and Land Technology has acquired Nyala Farms Corporate Center, a 372,207-square-foot office park on 53 acres in Westport, Conn., for $130 million.
Economy Watch: Home Prices Increase; Construction Spending Ekes Out Gain in May; Manufacturing Sector Expands
Home prices increased 8.8 percent in May 2014 compared to the same month a year ago. U.S. construction spending during May was a diminutive 0.1 percent above the April rate. Economic activity in the U.S. manufacturing sector expanded in June for the 13th consecutive month.
Economy Watch Weekly: Economy Disappoints in First Quarter
CPE‘s economic analyst, Dees Stribling, gives his update for the week ending June 27, 2014.
Proskauer, Albright Stonebridge Expand in D.C.
Two international firms are expanding their presence in Washington, D.C. Global law firm Proskauer and the Albright Stonebridge Group, an international strategy consulting firm founded in 2001 by Madeleine Albright, have recently signed two leases totaling over 80,000 square feet of office space.
Loews Hotels & Resorts Buys Intercontinental Chicago O’Hare Hotel
Making another move in the Midwest, Loews Hotels & Resorts signed a deal to acquire the InterContinental Chicago O’Hare Hotel, a 556-room hotel in Rosemont, Ill., just outside of Chicago.
INTERNATIONAL: Hilton Worldwide to Open Middle East’s Largest Beach Resort in Qatar
Hilton Worldwide has partnered with Al-Rayyan Hospitality for the development of a 362-key resort at Salwa Beach in southwest Qatar.
Thor Equities Closes on Manhattan’s 685 Fifth Ave.
Thor Equities has closed on its purchase of 685 Fifth Ave., at the corner of Fifth Avenue and 54th Street in Manhattan.
Pathfinder, Meriwether JV to Acquire Luxury Colo. M-F Community
Pathfinder Partners has teamed with the Meriwether Cos. to acquire The Shores at Breckenridge, a planned 20-building community on the banks of the Blue River in Breckenridge, Colo.
Economy Watch: Pending Home Sales Spike in May; Fannie Mae Delinquencies Continue to Fall; Texas Sees Manufacturing Expansion
Pending U.S. home sales rose sharply in May. Fannie Mae reported that its single-family serious delinquency rate dropped in May. Texas factory activity increased again in June.
Special Report: Yardi’s Enerliance Partners with ConEd
Yardi Systems and new acquisition Enerliance joined with the ConEdison Green Team to host the New York City Energy Summit, introducing a new energy reduction initiative.
You must be logged in to post a comment.