Regions
Enel Green Power’s 1st Zambia PV Project Begins Operation
The 34-megawatt solar facility, located in southern Zambia, will sell its energy to the country’s state-owned utility ZESCO through a 25-year PPA.
IKEA Greenwich Scores Outstanding BREEAM Rating
The retail asset is the 22nd full-sized IKEA store to open in the U.K. and was designed and built to reach this rating.
MCR Acquires IN Hotels
Both 110-key Hampton Inn and 78-key Residence Inn by Marriott are located in Northwest Indianapolis and are within 10 miles of Indianapolis Motor Speedway.
Transwestern to Lease MN Office Tower
The 30-story property underwent a complete renovation in 2018. Osborn370 offers floorplans ranging from 3,000 to 20,000 square feet.
Dollinger Properties Buys Suburban OC Office
HFF brokered the sale of the 145,467-square-foot office building, located in Brea, Calif., on behalf of the seller, TA Realty.
BKM Capital Closes $382M Fund
The firm’s second institutional fund will invest in undervalued, light industrial assets in target markets across the western U.S.
When Hotels Meet Short-Term Home Rentals
Marriott is entering the growing home-sharing business by offering bookings at 2,000 high-end locations. Meanwhile, Airbnb and RXR Realty are teaming up on hotel-like apartment rentals in Manhattan.
Parallel Capital to Manage 1 MSF Honolulu Portfolio
The San Diego-based company assumed asset management of a collection of downtown Honolulu office and retail properties, and added a new regional vice president for the Hawaii market.
Park Hotels, Chesapeake Lodging Trust to Merge in $2.7B Deal
Once the transaction is completed, the resulting company will own a 35,384-key, 66-property portfolio and have an estimated enterprise value of $12 billion.
Top 10 Industrial Completions in the Inland Empire
Last year, developers added more inventory to the market than at any point during the past decade, with new product concentrated in only a handful of submarkets.