Regions
Peachtree Hotel Group Grows National Footprint
Snapping up the properties in three separate transactions, the company added nearly 400 guestrooms to its holdings, marking another big step in its national expansion plan.
Aerospace Manufacturer Inks 103 KSF Lease in Arizona
The deal is the latest in tech manufacturing companies expanding in metro Phoenix and infill locations and broadens Modern Industries’ reach in the area.
Valencia Gateway V Ready for Lease
Gateway V totals 255,000 square feet and is part of a large industrial master-planned project. The property offers easy access to Interstate 5.
Boston Properties Adds New VP in LA
Jonathan Lange joined the real estate investment trust as vice president of the Los Angeles region. Previosuly, he served as vice president of capital markets at JLL.
JLL Secures 133 KSF Portland Office Sale
In a three-part transaction, JLL arranged the sale of 1417 NW Everett, on behalf of the tenant, Deutsche Asset Management. The owner, Gerding Edlen, initially purchased the property in 2007.
Economy Watch: Construction Material Prices Still on the Rise
Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.
Historic San Francisco Office Asset Earns LEED Platinum
The Mills Building is believed to be the oldest commercially owned, multi-tenant building in the Bay Area to be awarded the USGBC’s highest certification.
Chicago Hyatt Centric Trades for $110M
Deka Immobilien purchased the hotel from Murphy Development Group. HFF represented the seller in the transaction for the 257-key asset.
RAF Pacifica Introduces Creative Office Development
The new ground-up project dubbed ‘lift’ is one of three new developments totaling more than $75 million that the firm has begun constructing in Carlsbad, Calif.
Pennrose Secures $171M for NJ Arts Center
The funds ensure the firm’s continued public-private partnership development of the 450,000-square-foot New Brunswick Performing Arts Center, which will feature mixed-income apartments, office space, and two theater venues.