Regions
Economy Watch: Construction Spending Edges Down in December
Overall project spending took a small dip for the month, but is still up for the year for both residential and nonresidential construction.
Yotel Breaks Ground on Third UK Location
The new hotel is slated to open in late 2018 and will mark the company’s third property in the UK.
TCC Closes Sale of Denver Industrial Asset
The 52,566-square-foot property was purchased by Sierra Pacific Industries.
Caterpillar Uproots HQ from Peoria
The company decided to abandon its previous plan to build a headquarters complex and will be leasing office space in the Chicago area instead.
Design Team in Place for Phase 2 of DC’s M-U Wharf
Upon completion, the $2 billion live-work-play community will offer residential, office, hotel, retail, cultural, marina and public uses ranging from waterfront parks to docks.
Blackstone’s Invitation Homes Raises $1.5B in IPO
The REIT’s portfolio consists of nearly 50,000 residences for lease concentrated in infill neighborhoods across the U.S.
Cleveland’s Key Center Sells for $268M
The 1.3 million-square-foot property, which includes the tallest building in Ohio, is back in the hands of a local owner.
Atlas Workbase Opens First Co-Working Space in Seattle
The new 20,000-square-foot coworking property is located at the Lumen Buillding in Queen Anne.
MRP Industrial Breaks Ground on Massive Project in Maryland
Three buildings as large as 2.5 million square feet will soon rise in Perryman, Harford County.
New Garden Inn by Hilton En Route to Denver
Hilton Garden Inn Denver Union Station will be managed by Davidson Hotels & Resorts.