Philip Russick

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  • National Asset Services Adds 6 to Retail, MOB Portfolio

    The company has been appointed property and asset manager of the Sherwood Village shopping center in San Angelo, Texas, and five newly built medical office buildings in Texas, Pennsylvania, Ohio and Massachusetts.

    16 May 2017 08:30
  • CIM Group Closes LA Hotel Sale

    The sale comes after the recent disposition of the adjacent 8500 Sunset residential complex.

    31 July 2017 14:31
  • JLL Inks 38 KSF at Boston’s Lafayette City Center

    Dell Technologies-owned VMware Inc. leased 37,948 square feet of the recently redeveloped 615,000-square-foot office building. The company plans to move in September 2017.

    03 July 2017 09:46
  • Economy Watch: US Economy Turns in Sluggish First Quarter

    U.S. real GDP increased only 0.7 percent in the first quarter of 2017, compared with 2.1 percent in last year's fourth quarter. Commercial real estate investment also took a hit as lenders likely were more cautious to start off the year.

    01 May 2017 19:44
  • CBRE to Market Orlando Site for Industrial Development

    Highlands REIT's property can accommodate a wide range of industrial uses, from service center and flex with commercial exposure to large industrial facilities.

    04 October 2017 16:20
  • Kansas City’s New Look

    The metro is in the midst of a transformation, growing as a financial and research center, with increased investment in infrastructure, all of which support multifamily fundamentals, Yardi Matrix data shows.

    08 June 2017 09:29
  • Hilton, Blackstone Grab 1,201-Key Vegas Resort

    The joint venture acquired The Elara, one of the largest timeshare properties in the world. The asset features four penthouse floors, retail and 17,000 square feet of ballroom space.

    21 July 2017 13:30
  • JV to Open 708 KSF IN Warehouse

    The build-to-suit facility is scheduled for completion in the first part of 2018. The asset is expandable to 1,046,528 square feet and is located in the AllPoints Midwest industrial park.

    08 November 2017 12:53
  • Fitch: More U.S. Lodging Consolidation Is Expected

    The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.

    19 September 2017 16:40
  • Chicago Mixed-Use Lands $1.2B Research Hub

    The 78, Related Midwest’s 62-acre master-planned development, will become home to The University of Illinois System’s innovation center, Discovery Partners Institute.

    23 October 2017 09:37