Regions
Keystone JV to Buy 2 MSF Office Portfolio for $231M from Mack-Cali
Keystone Property Group and Mack-Cali Realty have joined forces again, committing to the establishment of various joint ventures through which Keystone will acquire a 2.3 million-square-foot Tri-State office portfolio from Mack-Cali in a transaction valued at $231 million.
Ashford Hospitality Prime Acquires Chicago Hotel for $153M
Ashford Hospitality Prime has acquired a 415-room hotel in the desirable Gold Coast submarket of Chicago from The Blackstone Group for $153 million.
Equity Sells 2 Suburban San Francisco Office Properties for $100M
Equity Office Properties Trust has been in a selling kind of mood in certain locations and it recently pocketed $100 million on the disposition of two office assets totaling 212,900 square-feet in Marin County, across the bay from San Francisco.
Rewe Opens First Passive House-Certified Supermarket in Germany
German retail giant Rewe Group debuted its most ambitious project to date, opening its first Passive House-certified supermarket.
USGBC: Top 10 States for LEED Green Building
A 57-story, 1.3 million-square-foot Class A office tower in Chicago has earned Platinum and Gold LEED certifications from the U.S. Green Building Council.
RFR, Vanke Break Ground on Luxury Condo Tower in Manhattan
RFR Holding and Vanke, China’s largest residential developer, broke ground Tuesday on 610 Lexington Ave., a luxury residential condominium on East 53rd Street in Midtown Manhattan.
HFF Arranges Financing for $361M Purchase of Chicago Office Property
HFF did double duty for 10 and 120 South Riverside Plaza, a 1.4 million-square-foot office complex in Chicago.
Executive Insights: Alexandra Johns
Alexandra Johns, who was recently hired by the Resmark Cos. to lead its Washington, D.C., office, chats with CPE about her company’s plans in the new region.
Southwest Value Partners Acquires 463 KSF Office Building in Chandler, Ariz.
Southwest Value Partners has acquired Continuum Business & Technology Park, a Class A office building on 152 acres in Chandler, Ariz., from Capital Commercial Investments for $52 million.
HFF Closes Recap, Arranges Acquisition of 215-Key Hotel in El Segundo, Calif.
The DoubleTree LAX, a 215-room, full-service hotel in El Segundo, Calif., has closed on a new-equity recapitalization that has brought in two new owners.