National
Keeping Millennials in the Workplace
Blurring the boundaries between home and work environments helps employers cater to the restless Millennial workforce, keeping them engaged longer.
DDR, Madison International Recap $1B Retail Portfolio
The joint venture refinanced 52 grocery-anchored shopping centers totaling 7 million square feet. The properties are predominantly located in Florida and elsewhere in the Southeast.
Hilton Garden Inn Grows With 4 More Hotels
The new lodging destinations, with opening dates in May and June, will add more than 600 guestrooms to the brand’s portfolio in Florida, Michigan, Pennsylvania and New York.
Economy Watch: Tech Impact on Office Space Stronger Than Ever
As mobile devices, videoconferencing and other technologies become more commonplace, organizations are increasingly thinking about how they can connect their employees more effectively in the office environment, according to CBRE’s latest Global Prime Office Occupancy Costs report.
Amazon, Whole Foods and a New Way of Shopping
Some retailers fear the rise of e-commerce, but Amazon is showing us that we might be able to have it both ways.
Amazon to Buy Whole Foods in $14B Deal
The transaction is scheduled to close during the second half of 2017. Whole Foods Market will continue to operate stores under its current brand.
Economy Watch: Hotel Development Still Strong
Hotel planning and construction in the U.S. grew again in May, with more than half a million rooms under contract across nearly 5,000 projects, according to a recent STR report.
Delta Hotels Unveils Bold Strategy
Marriott International is planning to double the Canadian hospitality brand’s footprint with the opening of new properties in the U.S. and Asia over the next two years.
Economy Watch: Fed Sure of Economy, Raises Rates, Promises Asset Sell-Off
The Federal Reserve unanimously decided to raise rates for the second time in 2017, signaling its belief that the U.S. economy is strong enough to handle more expensive financing.
Aldi Plans $3.4B Growth Spurt
The German discount grocery chain intends to open 900 additional locations in the U.S., increasing its footprint to 2,500 stores by 2022.