Regions
Osram Unveils Digital Tunable White System
The company’s new lighting solution simulates the natural daylight cycle and is specifically designed for educational, office and health-care environments.
Vineyard Wind Advances 1.2GW Liberty Wind Project
This would be one of the largest offshore wind projects in the world, capable to generate enough emission-free energy to power more than 750,000 New York households.
Autograph Collection to Open First PA Hotel
The 10-story hotel sits next to the former Pittsburgh Athletic Association, offering convenient access to Pittsburgh International Airport.
Bridge Development Breaks Ground on LA-Area Industrial Facility
The company has launched construction of Bridge Point Vernon, a 117,360-square-foot asset located three miles south of downtown Los Angeles.
Indianapolis Office Commands $32M
Tryperion Partners purchased the recently developed, 137,000-square-foot asset, home to Allied Solutions’ headquarters, with Morgan Stanley providing more than $17 million in acquisition financing.
JV Completes Sale of PA Industrial Facility
J.G. Petrucci and The Davis Cos. have sold Wind Gap Logistics Center, a 349,012-square-foot warehouse and distribution property developed in 2018.
Marriott Secures $40M Loan for Tucson Asset
The 136-key AC Marriott is the first hotel to be built in the city’s downtown since the early 1970s. Walker & Dunlop arranged the financing.
Self Storage Rents Still Down Across the US
Despite significant rent growth in the West, street-rate rents declined 1.7 percent on a national level. Additionally, the new development pipeline continued to decrease.
European Hotel Investment Hits Record Levels
Multiple cities are attracting robust capital flows to their hospitality sectors, CBRE reports. Of note, buyers from outside the continent are expanding their footprint.
ILPT to Acquire Industrial Portfolios for $905M
The logistics REIT inked two separate agreements that will ultimately increase its national footprint by a total of 12.9 million square feet.