Property Types
Ashford Hospitality Prime Acquires Chicago Hotel for $153M
Ashford Hospitality Prime has acquired a 415-room hotel in the desirable Gold Coast submarket of Chicago from The Blackstone Group for $153 million.
Tesla Eyes 4 States for $5B Battery Factory
Four Southwest states – Texas, Arizona, New Mexico and Nevada – are in the running to be the home of Tesla Motors’ $5 billion “Gigafactory” that would mass produce lithium-ion batteries for electric cars and create 6,500 jobs.
Equity Sells 2 Suburban San Francisco Office Properties for $100M
Equity Office Properties Trust has been in a selling kind of mood in certain locations and it recently pocketed $100 million on the disposition of two office assets totaling 212,900 square-feet in Marin County, across the bay from San Francisco.
Rewe Opens First Passive House-Certified Supermarket in Germany
German retail giant Rewe Group debuted its most ambitious project to date, opening its first Passive House-certified supermarket.
USGBC: Top 10 States for LEED Green Building
A 57-story, 1.3 million-square-foot Class A office tower in Chicago has earned Platinum and Gold LEED certifications from the U.S. Green Building Council.
RFR, Vanke Break Ground on Luxury Condo Tower in Manhattan
RFR Holding and Vanke, China’s largest residential developer, broke ground Tuesday on 610 Lexington Ave., a luxury residential condominium on East 53rd Street in Midtown Manhattan.
HFF Arranges Financing for $361M Purchase of Chicago Office Property
HFF did double duty for 10 and 120 South Riverside Plaza, a 1.4 million-square-foot office complex in Chicago.
Executive Insights: Alexandra Johns
Alexandra Johns, who was recently hired by the Resmark Cos. to lead its Washington, D.C., office, chats with CPE about her company’s plans in the new region.
Southwest Value Partners Acquires 463 KSF Office Building in Chandler, Ariz.
Southwest Value Partners has acquired Continuum Business & Technology Park, a Class A office building on 152 acres in Chandler, Ariz., from Capital Commercial Investments for $52 million.
Dave Dworsky: High-Tech Pavement Repair
Dr. Pave/Heatwurx CEO Dave Dworsky talks on CPE TV about his new pavement repair technology and how it can improve real estate parking lot aesthetics while saving time and money for the property owner.