Regions
Honda Breaks Ground on $30M Dealership in South LA
The 210,000-square-foot project is part of a neighbourhood revival which includes other high-profile developments. The company plans to relocate from downtown LA in the summer of 2018.
Economy Watch: Top Rental Markets Still Seeing Price Increases
Despite talks of a pricing slowdown, the most expensive rental markets in the U.S. saw price increases in April, according to Zumper’s latest report. San Francisco and New York City remain the top two rental markets in the country.
RiverRock Taps SoCal VP
Shane Flanigan brings nearly 15 years of industry experience to his new role and will oversee all operational activity with a focus on client service and portfolio growth.
Exeter Property Group Selects Builder of 440 KSF Warehouse
GDI Construction will develop the speculative warehouse in Whitestown, Ind. The building is expected to be functional by late November 2017.
BofA to Anchor Tower in Chicago’s West Loop
With construction slated to begin in the spring of 2018, Bank of America is expected to take almost 500,000 square feet at 110 N. Wacker Drive as soon as 2020.
Details Revealed for Obama Center
The development, which has an estimated cost of roughly $1.5 billion, will be a three-building public destination featuring the Museum, the Forum and the Library.
IHG Names New CEO
Upon joining the company in 2000, Keith Barr has held numerous positions across the Americas, Asia, Middle East and Africa, and Greater China regions.
Cambria Hotel Philadelphia Tops Off
The 15-story, 223-key hotel will open in the first quarter of 2018. Built by Pearl Properties, the building was designed by DAS Architects Inc. and will be managed by Concord Hospitality Enterprises Co.
IHG to Open New Minneapolis Hotel
IHG ‘s 291-key hotel located at the Minneapolis-St. Paul Airport will open in the summer of 2018. The airport is in the process of a five-year expansion and improvement plan.
Record-Breaking Year for DC Multifamily
The capital is experiencing strong fundamentals, including robust employment, healthy population gains and cycle-high rental rates, per-unit prices and median home values.