Regions
InfiniPower Lands $54M for Upcoming Silicon Valley Marriott
CBRE secured construction financing for the development of a 147-key Marriott Residence Inn and a 114-key Fairfield Inn & Suites in North San Jose. InfiniPower Hospitality plans to develop the property on a vacant 6.7-acre site purchased in 2006.
Blink Fitness Takes Over Brooklyn Landmark
The Lyceum originally served as NYC Public Bath No. 7 and underwent preservation of its exposed brick, large arched windows and industrial steel trusses that support the 22-foot high ceilings.
Hines, Ivanhoé Sign 85 KSF at CIBC Square
The Boston Consulting Group inked 85,000 square feet of office space for its headquarters. The Toronto development comprises two office buildings on a 2.9 million-square-foot campus.
Marriott Unveils New $600M HQ, Flagship Hotel
After a two-year search, the hotel chain has finally found a new home with the help of JLL. The campus—developed by Bernstein and Boston Properties—will be located in downtown Bethesda, Md.
Salt Lake City Demand Outpaces Insufficient Supply
Driven by robust population growth and low unemployment, Utah’s largest city is rapidly expanding, generating healthy housing demand, according to Yardi Matrix.
Skyview Facilitates Sale of VA Self Storage Facility
The 57,275-square-foot stabilized storage facility offers 232 non-climate controlled storage units and 147 climate controlled units.
Panoche Valley Solar Project to be Downsized
Through a settlement with California environmentalist groups, nearly half of the solar development’s capacity will move to the Imperial Valley as a measure to protect the Panoche valley’s endangered species.
First C-PACE Deal Closes in Washington, D.C.
The D.C. Baptist Convention will use the 30-year loan to fund energy-saving upgrades, saving the non-profit more than $800,000 during the life of the project.
Brazil’s 90MW Cristalândia Wind Farm Begins Operations
Enel invested approximately $190 million into the development of the 90-megawatt Cristalândia wind farm. The facility has a generating capacity of roughly 350 Gigawatt hours per year.
Celebrating 30: Transwestern, BNP Form Strategic Alliance
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: Transwestern and BNP Paribas Real Estate’s strategic partnership. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.