Regions
DC-Area Sheraton Hotel Lands $16M Refi
The 16-story Sheraton Silver Spring Hotel, located 7 miles north of downtown D.C., features 229 keys. Built in 1971, the property underwent recent renovations.
National Manufacturing Co. Grabs NJ Industrial Asset
The 88,000-square-foot property is located in Piscataway, along the Interstate 287 corridor, one of New Jersey’s most active industrial hubs.
Shaner Hotels Opens First Marriot Hotel Near Airport
Fairfield Inn & Suites Harrisburg Hershey offers 86 rooms, 37 suites and two meeting rooms totaling more than 1,600 square feet of space.
Hilco Buys Boston-Area Office Campus for $86M
NKF Capital Markets arranged the company’s acquisition of CenterPoint, a 440,000-square-foot property in Waltham, Mass., which formerly served as an R&D and manufacturing hub for Raytheon.
Cloud Activity Drives Data Center Demand
Northern Virginia remains the sector’s largest market, but the lack of supply in some major metros is expected to drive more growth in secondary markets like Phoenix, San Antonio and Austin.
MOB Sector Keeps Thriving
Demand for the specialty product is likely to stay robust for the long term, Marcus & Millichap predicts in a new report.
Sacramento Valley Retail Center Changes Hands for $18M
The shopping center opened its doors in 1985, anchored by K-Mart. Engstrom Properties renovated the asset and shifted toward a diversified mid-size tenant roster.
Benderson Development Grabs Bay Area Retail Asset
The vacant building that used to be home to Toys “R” Us and Babies “R” Us contains approximately 45,000 square feet.
On the Market: 5 Interesting Listings for August
This month’s listings include several modern office buildings on the West Coast; a top-of-the line medical center in Fort Wayne, Ind.; and a recently completed retail center in Kennewick, Wash.
Surviving the Retail Revolution: A Guide for Small Operators
Fluent Commerce’s Bill Friend reveals the key points behind a successful omnichannel strategy in the era of online shopping and why the customer-as-an-individual approach should be at the core of it all.