Regions
Natural Disasters Create Demand Fluctuations, Investor Concerns
Real estate owners, operators and REITs are facing an uncertain outlook for damage repair and changes in demand at their properties, according to BDO Partner Stuart Eisenberg and Managing Director Basil Karampelas.
Carlson Opens Third Hotel in Kyiv
The 196-key hotel is Smart-Holding’s first project in the hospitality industry. The property is located in downtown Kyiv, near several landmarks.
Leveraging the Design-Build Model for Hospitality Profitability
The hospitality industry is seeing an upswing in leisure travel spending, providing hotel owners the opportunity to not only capitalize on increased demand but also find ways to improve cost efficiencies, argues Scott Acton, CEO & Founder of Forté Specialty Contractors.
Phoenix Commerce Center Trades for $14M
Kidder Mathews brokered the sale of a 93,725-square-foot industrial asset known as Pinnacle Peak Commerce Center. The company was retained to manage the property.
Economy Watch: The Fastest-Growing Large City in 2016
Cities in Texas made the most appearances on Wallethub’s latest study, with the state capital topping the list of large U.S. cities with the fastest economic growth.
Trammell Crow Closes DC Sentinel Square III Site Sale
The 1.5-acre site is part of a 1.3 million-square-foot office complex that is being developed in three phases. Cushman & Wakefield represented the seller in the transaction.
Oxford-Madison JV Pays $1.3B for Berlin Sony Center
Hines—asset manager of the 1.2 million-square-foot mixed-use complex—helped the National Pension Service of Korea to sell the asset. CBRE and Greenberg Traurig advised Oxford Properties and Madison International Realty.
Lifescapes Tapped for $245M Westin Anaheim Resort
The firm has been chosen to design the landscape environment for the planned 630,000-square-foot Orange County development. The company will incorporate iconic features into the four-diamond resort, including a unique motor court.
NAI Hanson, Sitex Break Ground on 271 KSF NJ Warehouse
One Sharp Plaza will be a Class A facility located in the Stateline Business Park in Mahwah. Completion is planned for first-quarter 2018.
PG&E Breaks Ground on CA Training Center
The Livermore Substation Training Center will concentrate on electric substation operations and maintenance.