Regions
NKF Closes Sale of 15-Story East Bay Office Asset
Situated in a prime transit-oriented location, the Class A tower is located in a rapidly transforming submarket, adjacent to the Concord BART station.
Mori Begins Construction on Indonesian Office Tower
The Kohn Pedersen Fox-designed Jakarta Office Tower marks Mori Building’s first development in Southeast Asia. The project is set for completion in 2021.
Blackstone Buys Majority Stake in Massive Portfolio
The $35.2 billion worth of real estate properties and loans will be transferred to a new company that will be co-owned by the New York City-based firm and Banco Popular.
Eastern Kentucky Lands $1.3B Aluminum Plant
The 2.5 million-square-foot facility is slated to break ground in early 2018. The Ashland area beat out 23 other potential locations.
Suburban Philly Office Asset Receives $6M Makeover
A joint venture of Carlino Commercial Development and the Rothman Institute succeeded in transforming the 85,000-square-foot Class C property into a premier Class A building.
Iconic Honolulu Office Asset Lands $75M Loan
TOPA Financial Center, a two-building office property, sits in the heart of downtown Honolulu. Newmark negotiated the financing on behalf of Duesenberg Investment Co., the owner of the asset.
New Home2 Suites Hotel Opens in N.M.
The 91-key hotel is located two miles from downtown Las Cruces, four miles from Sonoma Ranch Golf Course and 25 miles from the White Sands Missile Range.
University Research Park Welcomes New Tenant
Digital Map Products will relocate its corporate headquarters by the end of the year. In the move, the provider of cloud-based location technology will nearly double its current square footage.
San Gabriel Sheraton Hotel Design Revealed
Kollin Altomare Architects designed the 288-key property slated for completion by fall 2017, with interior design from Cheng Chung Design and Whitespace Interiors.
Economy Watch: Planning Velocity for Nonresidential Projects Slips in July
The drop in Dodge Data & Analytics’ Dodge Momentum Index for the month was due to a 6.6 percent decline in the institutional component, while the commercial component fell 1.1 percent.