Wayne County has made a historic move with the purchase of the landmark Guardian Building in downtown Detroit. The Wayne County Commission approved issuing $60 million in bonds to buy the property, in a 10-5 vote in...
Downtown Houston is being transformed into a trendy hot spot with the arrival of a mixed-used development, the Houston Pavilions. The $170 million project will contain 360,000 sq. ft. of retail space, 200,000 sq. ft...
Alexander Norman had grown weary of his demanding regimen as project manager for a major talent agency in New York. His day consisted of participating in conference calls, creating PowerPoint presentations and plowing...
Last week, Extra Space Storage Inc. marked the one-year anniversary of acquiring Storage USA, the acquisition that boosted them to the second largest self-storage operator in the nation. The $2.3 billion transaction...
ProLogis (NYSE: PLD) has expanded its Atlanta portfolio after acquiring four distribution centers and 115 acres of land. The distribution centers were purchased for approximately $60 million while the 115 acres were...
Colonial Properties Trust (NYSE: CLP) and UBS Wealth Management have jointly sold a suburban Atlanta office park, the Colonial Center at Mansell Overlook. The joint venture generated $166.4 million through the sale of...
Sustainable design consultant Holley Henderson has been on the green bandwagon for nearly six years. A former EPA employee, Henderson now works as a sustainable design consultant with the LEED (Leadership in Energy...
A Queens, N.Y.-based hotel developer has spent $6.75 million to buy a small midtown Manhattan parcel that’s ripe for hotel development. McSam Hotel Corp., which bought the 5,025 sq. ft. site from the Riese...
Four developers have announced plans to build a 120-acre mixed-use project on an active shipyard in Hingham, Mass. The Hingham Shipyard project will include apartments, condominiums, restaurants, shops, waterfront...
A billion dollar hotel portfolio has traded hands. On Wednesday, RLJ Lodging Fund II formally acquired a 63-hotel portfolio for roughly $1 billion. Once the entire deal is closed over the next few months, RLJ will own...
