Regions
Equinix to Acquire Metronode for $792M
The company will add approximately 215,278 square feet of new colocation space. It plans to expand the new facilities, as well as take advantage of two subsea cables, both slated for completion in the first half of 2018.
Premier VA Office Tower Fetches $62M
PGIM Real Estate has sold One Global View in Herndon, Va., a 217,088-square-foot, ENERGY STAR-certified office building anchored by Airbus Group.
HFF Closes Sale of IL Nursing Facility
Helia Healthcare of Greenville is the only nursing home within a 20-mile radius offering skilled nursing services, including neuromuscular disorders care, amputation care, cardiac care, nutritional support, advanced wound care and enteral nutrition.
DHC Snags San Jose Holiday Inn Hotel
The new owner plans to complete a $15 million renovation of the Holiday Inn San Jose-Silicon Valley, a 354-key hotel located about one mile from San Jose International Airport.
HFF Brokers Grocery-Anchored Retail Sale in MD
Totaling 87,006 square feet, the North East Station shopping center is located between Philadelphia and Baltimore and anchored by Food Lion.
Economy Watch: Record Number of Americans to Travel for Holidays This Year
This year marks the ninth consecutive year of rising year-end holiday travel, with 2017 volume set to be the highest year-end travel volume on record, according to AAA.
2nd Phase of Ballpark Village in St. Louis Breaks Ground
The 700,000-square-foot mixed-use development is planned to contain apartments, Class A office space, a hotel and street retail and is expected to open in 2020.
Newly Designed JFK-Based Hotel Tops Out
The redeveloped TWA Hotel is on track to open at John F. Kennedy International Airport in New York in early 2019. Special features will include a Jet Age and mid-century museum, as well as the world’s largest lobby.
RLJ Sells Luxury Boston Hotel for $170M
The historic Fairmont Copley Plaza, which dates back to 1912, sold for $444,000 per key, representing a 4.6 percent cap rate on the hotel’s 2017 NOI.
Summer Street Hotel Approved in Boston
The approved project includes a 1,050-key hotel and the creation of new, direct connections to South Boston Waterfront Transportation Center and the Boston Convention and Exhibition Center.