Regions
University of Pennsylvania Buys 247 KSF Industrial Asset
The property is less than 1 mile from Interstate 95 and approximately 3 miles from Philadelphia International Airport. Binswanger brokered the transaction.
Johns Hopkins, IBM Team to Upgrade Solar Forecasts
Several institutions will work on a new weather prediction system said to reduce errors by up to 20 percent. This could save power grid operators tens of millions of dollars per year.
MCR Expands Northeast Hospitality Portfolio
The New York-based company acquired a 160-key Hilton Garden Inn near the T.F. Green International Airport in Warwick, R.I.
Lingerfelt CommonWealth Buys Kansas City Office Tower
The acquisition, made in a joint venture with CrossHarbor Capital Partners, marks the commercial real estate investment firm’s entrance into the Midwestern city’s office market.
Cambridge Landmark Nabs 481-Key Hyatt in Milwaukee
Hyatt Corp. will continue to operate the property under its current name. The full-service hotel is located near the Wisconsin Center and the Shops of Grand Avenue.
H5 Expands in WA, Acquires 240 KSF Data Center
The facility marks the company’s 12th operated in the U.S. The property benefits from a low cost of power and qualifies for the state’s tax abatement program.
The Koll Co. Adds OC Flex Building to Portfolio
The building includes office/R&D and warehouse space. The company plans to invest $4 million in upgrading the 77,000-square-foot property.
Facebook Data Center to Go All Solar
The social media giant teamed up with Pacific Power and Invenergy to bring online several farms meant to supply the Prineville facility with 100 percent renewable energy.
NKF Capital Markets Arranges Sale of MD Hilton
The 301-key Hilton Washington North Gaithersburg offers a swimming pool and a fitness center. The property is set to undergo an extensive renovation plan under the new owner.
Lendlease Tops Off World’s Tallest Timber Office Building
25 King, located at the Brisbane Showgrounds in Australia, is scheduled for completion by the end of 2018, with 43.5 percent of the building preleased to global engineering firm Aurecon.