Regions

Howard Ruby, chairman emeritus of Oakwood Worldwide and Chua Tiow Chye, group chief investment officer & regional chief executive officer, North Asia & New Markets of Mapletree Investments

Mapletree Acquires Oakwood Worldwide, Appoints New CEO

The buyer is currently developing three serviced apartment properties in Japan and Vietnam, as well as one other asset in the U.S.

NoVa Assets Trade for $53M

The 183,731-square-foot office property last traded in 2010, when COPT shelled out $43 million.

250 W. 54th St., New York

Midtown Manhattan Office Asset Changes Hands in $83M Deal

The new owner plans a complete makeover in order to attract tenants from the fast-growing technology, advertising, media and information sectors.

Savills Studley Closes 78 KSF Dumbo Heights Lease

2U will uproot headquarters from Chelsea Piers, where it occupies around four times less space, by the end of 2017.

Economy Watch: Robust Demand for U.S. Data Centers

More data center capacity is scheduled for delivery in 2016 than in each of the past several years, according to a recent CBRE report.

HFF Closes Sale of Marriott-Branded Boston Airport Hotel

The company marketed the 351-key property on behalf of the seller.

Thomas Drought Joins Steiner & Associates as EVP

He will lead the company’s third-party advisory services.

815 Connecticut Ave., Washington, D.C

Blackstone Nabs $1.7B US Portfolio from Swedish Pension Fund

JLL has arranged the transaction, which is part of the $2.1 billion disposition of Stockholm-based Alecta’s 4.5 million-square-foot international commercial portfolio.

A10 Capital Adds New President

Tom MacManus is the former head of GMAC Mortgage and has more than 35 years of commercial real estate finance experience.

Blackstone’s Equity Office Names SVP, Portfolio Director

Alan Walker will focus on the Northern California and Pacific Northwest markets.