Regions
Mack Real Estate Group Sells 1411 Fourth in Seattle CBD
As the seller pivots towards a multifamily-centric strategy, assets such as 1411 Fourth have to be traded.
Cross-Border Buyer for Carlson Hotels
Carlson Hospitality just revealed that it has signed on the dotted line to sell Carlson Hotels to this Beijing-based global conglomerate.
Hugo Neu Appoints Director of Development for 130-Acre Business Campus
In his new role, Michael Meyer will work closely with the Kearny Point team to leverage its existing platform and drive growth across the broader redevelopment efforts.
Gramercy Extends Portfolio with 12 Industrial Buildings in U.S. and Canada
The 12 industrial assets are located in major markets and were acquired for $115.2 million. Gramercy assumed four mortgages for the transaction.
Kilroy Delivers 2 San Francisco Office Projects, Nabs L.A. Office Tenants
Kilroy Realty has been pretty busy lately, delivering major office developments and landing important tenants on the West Coast.
Economy Watch: FOMC Holds Rates Again
Unsurprisingly, the Federal Open Market Committee again decided against raising interest rates, but for a different reason than the one given in March.
Equity Commonwealth to Sell Hoboken Office Asset for Tidy Sum
Equity Commonwealth will sell the 13-story tower to Mack-Cali Realty Corp.
IKEA to Build 1st of 2 Illinois Distribution Centers as Part of Chicagoland Project Boom
IKEA’s future Joliet, Ill., distribution center is one of many industrial projects planned to take shape in the Windy City MSA this year.
Pontus Capital Secures $109M Loan for National Retail Portfolio
HFF managed to secure a $109 million acquisition loan for Pontus Capital to purchase a 61-asset retail portfolio in the Eastern U.S. and Northern California.
Scandic Hotels Takes Over Hotel in Finland, Plans Expansion
Scandic Hotels will open a new hotel in Vaasa, the largest economic center in Finland’s Österbotten region.