Regions
IHG Expands Jeddah Portfolio with City’s First Staybridge Suites
IHG has inked an agreement with Dyafah Al Mutahida that will see a new Staybridge Suites open in the city of Jeddah, Saudi Arabia. …
Liberty Property Buys 291 KSF Office Building in DC for $133M
Liberty Property Trust acquired 2100 M St. NW, a Class B+, 291,000-square-office building in Washington, D.C., that has the potential to add more than 100,000 square feet, for $133 million from Hines. …
DAMAC Properties Breaks into Iraq RE Market with $100M Residential Tower
The leading private developer of luxury projects in the Middle East, Damac Properties, has announced a comprehensive expansion plan into Iraq, a previously untapped market for the development giant.…
MAA Buys 260-Unit M-F Property in Virginia
Apartment REIT MAA has increased its presence in Fredericksburg, Va., with the purchase of the Haven at Cosner's Corner, an upscale, 260-unit multi-family community located roughly 50 miles south of Washington, D.C. …
Miami Beach Convention Center Competitors Line Up Their Pros, Cons
In the latest round of the high-stakes competition to masterplan and redevelop the 52-acre Miami Beach Convention Center, the South Beach ACE team yesterday laid out the key points of both proposals and contended not only that its plan is better but that the Portman-CMC plan is shifting to resemble…
RECon Special Report: Veterans See Promising, Yet Chastened, Retail Sector
Promising yet chastened by recession was the picture of retail real estate’s prospects sketched by five veteran executives at the annual market outlook sponsored in conjunction with RECon by Marcus & Millichap Real Estate Services Inc.…
Cole Acquires 234 KSF HQ for Hillshire Brands Co. for $98M
Cole Real Estate Investments has acquired The Hillshire Brands Co.’s headquarters in the West Loop of Chicago’s CBD on behalf of Cole Corporate Income Trust Inc. for $98 million. …
TCC, Carlyle Group Break Ground on 240 KSF Junction Flats in Minneapolis
Construction has begun on Junction Flats, a six-story, 182-unit luxury apartment building in downtown Minneapolis located near Target Field and a major transit hub. …
Hines Purchases LA’s 325 KSF Campus at Playa Vista for $218M
Hines Global REIT Inc. has added the Campus at Playa Vista, a 325,000-square-foot office complex in the Playa Vista neighborhood of West Los Angeles, to its portfolio.…
Daisho Launches $300M Office Project in Brisbane’s CBD
Japanese developer Daisho Group has recently broken ground on a $300 million office tower in Brisbane, the capital and most populous city in the Australian state of Queensland.…
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