CANCUN-The Virginia-based lodging REIT Highland Hospitality Corp. picks up the Tucancun Beach Resort & Villas for $93,400 per room and hires Barcelo Hotels & Resorts to manage the property.
CANCUN-The Virginia-based lodging REIT Highland Hospitality Corp. picks up the Tucancun Beach Resort & Villas for $93,400 per room and hires Barcelo Hotels & Resorts to manage the property.
SAN FRANCISCO-The full-floor lease concludes an effort by Cushman & Wakefield broker Chris Roeder to fill 95,000 sf in the building for which DHL Express (USA) Inc. is on the hook through the end of 2010.
SEATTLE-Industry sources tell GlobeSt.com that Hines is acquiring the 707,000-sf Downtown office building from the New York State Common Retirement Fund and that the sale is expected to close by the end of the month.
SEATTLE-Industry sources tell GlobeSt.com that Hines is acquiring the 707,000-sf Downtown office building from the New York State Common Retirement Fund and that the sale is expected to close by the end of the month.
PORTLAND-The formation is being led by Sonna Durdel, who made millions selling her local property management firm to Cendant and now is working for Colliers in a short-term advisory role. Sonna is launching the new unit with two of her former employees, Sue Iggulden and Lisa Johnston, who are coming over from CBRE.
SINGAPORE-The 311-room Crown Hotel at Orchard was offered for sale in August 2004 by a receiver and manager. The property is now being offered for sale with the full support of the owner, Forward Investment Pte Ltd, which says it will sell the hotel via tender if the offers top US$196 million.
SINGAPORE-The 311-room Crown Hotel at Orchard was offered for sale in August 2004 by a receiver and manager. The property is now being offered for sale with the full support of the owner, Forward Investment Pte Ltd, which says it will sell the hotel via tender if the offers top US$196 million.
MEXICO CITY-Hamburg-based DIFA Deutsche Immobilien Fonds AG is the first German fund management company to complete a cross-border deal in Latin America.
MEXICO CITY-Hamburg-based DIFA Deutsche Immobilien Fonds AG is the first German fund management company to complete a cross-border deal in Latin America.