Regions
Hillwood Expands Indy Footprint
The company purchased a portfolio of three industrial properties, totaling more than 1 million square feet of warehouse space, from Northwestern Mutual and Panattoni.
Boston University-Proximate Retail Asset Trades
J. & M. Realty Inc. has sold 957 Commonwealth Ave., a 15,800-square-foot retail property in Brighton, with the aim of serving Boston University’s students, faculty and staff.
Meridian Buys 3-Asset MOB Portfolio in LA
The project also includes the repurposing of an existing, two-story 8,280-square-foot building into a new single-story 9,200-square-foot Type V-A ambulatory, outpatient clinic.
DC-Area Marriott Hotel Changes Hands
The six-story, 316-key Fairfax Marriott at Fair Oaks is a less than 20-minute drive from the Washington Dulles International Airport.
Holiday Inn Opens 6th Hotel in Poland
The 256-key Holiday Inn Warsaw City Centre is located in one of the fastest-growing European tourist destinations. The hotel was designed to cater to both business and leisure travelers.
The Manitowoc Co. Relocating HQ to Milwaukee
The firm has leased 16,000 square feet in the northwest part of the city, where it will move its headquarters later this quarter.
Monarch Investments Signs 40 KSF Nashville-Area Lease
The new tenant, a discount fashion retailer, plans to open its first central Tennessee location in the space during the second quarter of 2018.
Bellwether Arranges $57M Refi for Cleveland Office Tower
The 10-year CMBS loan, originated by Rialto, will allow One Cleveland Center’s owner to refinance the property’s high interest rate debt and fund tenant improvements.
HY36 Reshapes NYC’s Skyline
Hudson Yards’ first hotel, Crowne Plaza HY36, opened its doors last November and immediately become top-ranked on TripAdvisor. Neill Parker, principal of hospitality architecture firm Stonehill Taylor, sheds light on the impact this shiny gem has on New York City’s crown.
Investment Volume Off in 2017
Across all major regions, investment volume has been down each quarter this year compared to the same quarter in 2016, according to Real Capital Analytics data.