Mixed Use
Starwood Opens its Largest Hotel Worldwide: 4K-Room Sheraton Macao
Starwood Hotels & Resorts Worldwide started the first phase of building the largest hotel it owns, in Macau, the sole place in China where gambling is legal.
Cassidy Turley Secures 620 KSF Management Assignment in Suburban Washington, D.C
USAA Real Estate chose Cassidy Turley to spearhead property management services for two Class A office buildings in Arlington, Va.
OHL Renews, Expands Space to 591 KSF in South Dallas
Ozburn-Hessey Logistics, one of the largest third-party logistics companies, has both expanded and renewed a lease in the third most populous city in Texas.
Wheelock Street Capital Buys 15 Hotels for $221M
Wheelock Street Capital purchased 15 hotels in nine states in two separate transactions for $221 million.
IPA, Rockefeller Group JV to Develop Apartments in Phoenix Suburbs
Investment Property Associates and The Rockefeller Group are developing a Class A apartment community in Gilbert, Ariz.
NYC’s Essex House Sells to Strategic Hotels for $362M
Strategic Hotels in a JV bought the famous Essex House Hotel in Manhattan’s Central Park South for a whopping $362 million.
Beech Street Provides $152M Fannie Mae Loan for Maryland Apartment Complex
Beech Street provided a Fannie Mae loan to Archstone for the refinancing of a Maryland multi-family property.
Taubman TBCL’s JV to Manage 1.5 MSF Shopping Center in China
Two companies are teaming up to own a majority stake and manage an upcoming retail development in Xi’an.
Tianjin Eco-City a Blueprint for China’s Future Urbanization Efforts
Residents and companies have started moving in to Tianjin Eco-city, a joint Chinese-Singaporean project located close to Beijing. At full build-out in 2020, the project is expected to house 350,000 residents.
Normandale Lake Office Park Fetches $268M in JV
Normandale Lake Office Park was acquired for $13 million more than the estimate industry experts had expected the joint venture deal to command in the sale.