PORTLAND, OR-Charlie Hales, Mayor-elect of Portland, Oregon, and the development team behind the first hotel project in Pearl District will hold official ground breaking ceremonies today at 1150 N.W. Ninth Ave. for a 225-room hotel.
LOS ANGELES-Kilroy Realty Corp., a real estate investment trust based in Los Angeles, has sold its two small office projects and entire industrial portfolio for a total price of $355 million.
ALBANY-Mabey's Moving & Storage Inc. will bring down vacant buildings in Latham, New York, to make way for a $3-million to $5-million development of its self-storage business.
LONDON-Soho Estates has paid approximately GBP 20.8 million to purchase Royalty House in Soho, situated at 72-74 Dean Street and 8 Richmond Mews, in an off-market deal.
CHICAGO-Health Care REIT Inc., based in Ohio, has purchased Lake Barrington Woods, a 192-unit senior housing complex in Lake Barrington, from a joint venture between Walton Street Capital LLC and Senior Lifestyle Corp.
SUNNYVALE, CA-AppSense Inc. and Scottsdale, Arizona-based GoDaddy have signed office leases at Sunnyvale City Center, a Class A office development at 100 Mathilda Ave. in Sunnyvale.
DALLAS-The board of Dallas-Fort Worth International Airport has approved a $92-million development plan that will provide a hotel for travelers and a new headquarters for airport employees.
SCHAUMBURG, IL-Newport Beach, California-based KBS Realty Advisors LLC has tapped Chicago-based Jones Lang LaSalle Inc. to handle leasing and management of Woodfield Corporate Center, a two-building office complex at 200 and 150 N. Martingale Road in northwest suburban Schaumburg.