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    The two entities will develop the 72,000-square-foot Family Health Center in a joint venture. The facility is expected to open next year.

    18 May 2017 19:03
  • The Difficulty of Reviving Zombie Malls

    In revitalizing a deteriorating mall, asset owners and developers may face an uphill battle to make the property profitable again. But those with an understanding of community and economic needs can be successful, notes CenterSquare Investment Management Portfolio Manager Eric Rothman.

    19 July 2017 17:25
  • Brick & Mortar Retailer Woes Raise Concerns for REITs

    Despite a surge in retail M&A activity, especially in e-commerce, the fiscal health of the sector has some retail REITs worried. But executives that take advantage of the opportunity for evolution should still fare well, notes BDO USA assurance partners Stuart Eisenberg and Natalie Kotlyar.

    07 June 2017 17:50
  • JV Lands $43M Charlotte Retail Center

    American Realty Advisors and Stonemar Properties purchased Ballantyne Village, an entertainment-driven retail asset in Charlotte, N.C. Berkeley Capital Advisors represented seller MV Ballantyne Village LLC.

    11 May 2017 19:27
  • Economy Watch: Recent Hurricanes Impact Hospitality Industry

    Most major hotel markets in Florida saw dramatic performance declines in the days leading up to Hurricane Irma, according to STR's preliminary analysis. Hurricane Harvey's impact on Houston's hotel markets is a little less clear.

    19 September 2017 13:37
  • New Homewood Suites by Hilton Opens in Aurora, IL

    The 146-key extended-stay hotel is part of the Meridian Business Park. Sun Development and Management owns the asset that offers a combination of studio, one- and two-bedroom accommodations, with separate living areas.

    12 July 2017 14:09
  • IHG to Launch New Midscale Brand

    The hospitality chain aims to address an underserved group of 14 million potential guests who are hungry for a high-quality yet competitively priced experience. Development costs are estimated at $85 to $90 per key.

    23 June 2017 11:57
  • Omni Acquires Full Ownership of Atlanta Hotel

    Omni partnered with Turner Broadcasting back in 2000 to acquire the 1,059-key hotel's south tower and build the north tower, which opened in 2003.

    01 May 2017 14:51
  • CBRE Buys Software Company

    The company has acquired Mainstream, which provides technology solutions for tenant work requests, maintenance scheduling and analytics that support administrative work.

    20 April 2017 08:01
  • Sorenson Media Inks 61 KSF HQ Lease

    Newmark Grubb ACRES has arranged a lease for the media company in Lehi, Utah. The building is part of a 1 million-square-foot project developed by Stack Real Estate.

    30 May 2017 12:52