Regions
NoVa Office Complex Lands Two Leases of 60 KSF
The four-building, Class A office ensemble traded last September for $53.5 million. Worldgate Metro Plaza will soon undergo $10 million of capital improvements.
HIVE Blockchain Acquires Kolos, to Build 1GW Data Center
The company and its strategic partner Genesis Mining, have planned an initial delivery of 30 megawatts, with 120 to be made available within a year from now. The facility could potentially scale up to 1,000 megawatts, all renewable energy.
Dollar General Leases 240 KSF Warehouse
The new lease has increased the company’s presence at Tejon Ranch Commerce Center by nearly 40 percent. A joint venture of Majestic Realty and Tejon Ranch Co. developed the building.
HFF Brokers Sale of 382 KSF Shopping Center in CT
An entity managed by DDR Corp. has sold the 382,864-square-foot, Walmart-anchored Naugatuck Valley Shopping Center in Waterbury, Conn. The property includes 2,155 parking spaces.
Hilton Opens Embassy Suites in Seattle’s Pioneer Square
The hotel offers two-bedroom and penthouse suites, totaling 282 keys. All guest rooms and amenities are enclosed in two glass towers.
Economy Watch: GDP Grew Faster Than Previously Reported in 4Q
The Bureau of Economic Analysis’ final estimate for fourth-quarter 2017 GDP came in at an annualized rate of 2.9 percent, reflecting stable economic growth.
KPFF Doubles LA Office Footprint
The firm, which already occupies an entire floor totaling 24,000 square feet in the Los Angeles high-rise The Bloc, will soon occupy the story underneath it.
Slate Office REIT Snags $191M Portfolio in Canada
The Toronto-based company purchased the 1 million-square-foot group of properties, located in Greater Toronto and Atlantic Canada, from Cominar Real Estate Investment Trust.
Unico Properties Sells Denver CBD High-Rise
Westport Capital Partners purchased the 28-story, 284,600-square-foot building. HFF represented the seller and secured the acquisition loan from ACORE Capital.
Hospitality Industry Trends: From Eco Furniture to Street Art
Edenburg Hospitality’s Ignacio Edenburg discusses the growing popularity of eco-friendly materials in hotel development. He also touches on hospitality industry trends and how certain projects can stand out from a design perspective.