CHICAGO-The California-based firm, which is reporting RevPAR growth of 7.5%, has agreed to acquire the fee-simple interest in the 357-room Hilton Garden Inn near the Mag Mile.
CHICAGO-Construction of office is still down as confidence lags, but according to a JLL report provided first to GlobeSt.com, demand pressure should start pushing new development.
SYDNEY-The firms are already working on four warehouse properties, and plan to invest another $800 million on acquisitions and development in core industrial markets.
MINNEAPOLIS-Opus said it plans to build a nine-story, 212,000-square-foot office building for the energy company across from the current headquarters, to create a consolidated campus.
ABU DHABI, UAE-The Orlando-based restaurant and hotel company has agreed to build the hotel in conjunction with Aabar Properties, a subsidiary of International Petroleum.
TAYLOR, MI-This 900,000-square-foot mall, the largest in Michigan south of Detroit, is owned by the non-core mall company that split off from General Growth Properties earlier this year.
ATHENS-With a collective sigh of ‘at least that’s over with,’ the party committed to the Euro Zone holds power after Sunday elections – but there’s still worries on Spain, Italy, Ireland, etc.