Regions
EPR Buys Camelback Mountain Resort in Poconos for $70M
EPR Properties has closed on a transaction to acquire the Camelback Mountain Resort in Tannersville, Pa., for approximately $70 million.
Brandywine, Shooshan Co. JV to Develop 427 KSF Office Building in Arlington, Va.
Brandywine Realty Trust and an affiliate of The Shooshan Co. have formed a joint venture to build a 426,900-square-foot office building in Arlington’s Ballston submarket.
Wyndham Introduces Hawthorn Suites Brand in Dubai
Hawthorn Suites by Wyndham Dubai is now the first hotel to fly the banner of the company’s extended stay brand in the area.
Onyx, Rubenstein JV Grabs 282 KSF Office Building in Central NJ
In a JV, Onyx Equities and Rubenstein Partners acquired 211 Mount Airy Road, a 282,000-square-foot Class A office building in Basking Ridge, N.J.
German Investor Sells Apple, Bulgari Stores in San Francisco for $160M
Two retail assets in San Francisco’s Union Square district, the Apple store at One Stockton Street and the Bulgari store at One Union Square, have been sold by German investor Deka Immobilien to an unidentified U.S.-based private investor for a total consideration of $160 million.
EXPO Real Special Report: City Rejuvenation through Major Sports Events
At the closing of EXPO Real in Munich, during the Planning and Partnerships forum, panelists shed light on the success of cities in the process of redeveloping vast sites while using the driving force of organizing high-profile sports events.
Blackstone Buys European Mall Developer Multi Corp.
Blackstone has completed the takeover of Netherlands-based Multi Corporation, a leading owner, manager and (re)developer of high quality shopping centers across Europe.
Simon, SmartCentres, Calloway Break Ground on 2nd Premium Outlets Center in Canada
Simon Property Group Inc., SmartCentres and Calloway REIT broke ground on 366 KSF Premium Outlets Montreal, the second Premium Outlet Center in Canada.
Cornerstone Sells 187 KSF Former Twitter HQ in San Francisco to ASB
Cornerstone traded 795 Folsom St., a six-story Class A office building in the South of Market district, for $110 million to ASB Real Estate Investments.
Skanska Lands $189M Research Facility Contract at Massive Swedish Medical Campus
Global project development and construction group Skanska’s Swedish chapter received a construction contract for a new research laboratory in Solna, Sweden.