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    Real GDP growth hit 3 percent in the third quarter, according to the Bureau of Economic Analysis, driven by increases in personal consumption expenditures, private inventory investment and other factors.

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    Silverstein Properties has acquired a majority interest of 619 West 54th St.. The company partnered with Taconic, which purchased the Hell’s Kitchen asset five years ago.

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    The transaction includes 200 franchised hotels, as well as management company Three Rivers Hospitality. The portfolio totals 11,600 rooms and a pipeline of 23 projects.

    21 July 2017 10:32
  • MD Office Campus Up for Sale

    The two-building office portfolio is situated in Rockville, Md., in the vicinity of an upcoming live/work/play community, and encompasses a total of 123,824 square feet of space.

    13 September 2017 15:19
  • Historic Atlanta Hotel Lands $16M Refi

    Formerly known as Cox-Carlton, the 140-key property operated under the Days Inn franchise between 1985 and 2004. Ashford Trust acquired the asset in 2015 for $26 million.

    25 May 2017 10:17
  • Avison Young Brokers Sale of New Dallas Industrial Facility

    The distribution center developed by Altera Development Co. is now owned by an affiliate of Lexington Realty Trust. O'Neal Industries Inc. signed a long-term lease on the property.

    13 July 2017 11:44
  • Cannabis Cultivation Facility Coming to Maryland

    Innovative Industrial Properties has agreed to acquire a 72,000-square-foot building in Capitol Heights, Md., which will be leased and operated by Holistic Industries.

    08 May 2017 17:13
  • Sage Realty Takes Control of Manhattan’s 77 Water Street

    In April 2018 the building will convert from a triple-net-lease with Goldman Sachs back to a gross lease. The company secured future commitments with several tenants including law firm Lewis Brisbois Bisgaard & Smith LLP and engineering consulting firm Arup.

    05 October 2017 11:09
  • Rents Rise Despite Surging Deliveries in Denver

    Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.

    05 September 2017 09:13
  • Lincoln Harris Unveils Plans for Charlotte Observer Site

    Legacy Union, a 10-acre mixed-use development at the onetime newspaper campus, is set to become one of the largest projects ever in the city’s Uptown submarket.

    11 August 2017 11:45