News
MB Real Estate Makes $51M Chicago-Area MOB Purchase
Four properties totaling 156,660 square feet were part of the Salt Creek Medical Campus in Hinsdale, Ill.
Loews Sells Nashville Office Asset for $34M
The property is attached to the 339-key Loews Vanderbilt Hotel in the city’s Midtown neighborhood.
Cushman & Wakefield Closes New Jersey Office Sale
The company represented the seller and sourced the buyer of the 168,144-square-foot building in Florham Park.
Office Leasing to Recover by 2025, Cushman & Wakefield Report Predicts
The study expects office sector recovery to be slow, but employment will eventually help spur improvements in absorption, vacancy and rental rates.
Crow Holdings Sells Tampa-Area Storage Portfolio
The facilities encompass 150,000 square feet and some 1,600 units in Lutz and St. Petersburg, Fla.
119-Key TownePlace Suites Opens in Ohio
Crawford Hoying and Shaner Hotels completed the extended-stay property near Ohio State University in Upper Arlington.
Colony Capital to Sell $2.8B Hospitality Portfolios
Highgate Hotels will take over 197 properties totaling 22,676 keys in one of the sector’s largest deals since the start of the pandemic.
Major NYC Project in Limbo After Rezoning Is Scuttled
Political pressure prompted Industry City’s developers to withdraw the 1 million-square-foot plan, but some local leaders remain hopeful that the Brooklyn waterfront project will eventually move forward.
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GPR Ventures Purchases Sacramento Warehouse
The seller is a private investor that has owned the two-building facility for more than 30 years.