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KANSAS CITY—The developer, which operates the largest underground business park in the US, has had record-breaking profits, and has now brought on a new team to handle the expansion.

NEW YORK CITY and LOS ANGELES—The three-way merger of equals among Colony Capital and two NorthStar companies will lift Colony Financial into “the highest echelon of equity REITs,” future executive chairman Thomas Barrack said Friday.

NEW YORK CITY—The partnership has picked up a 246,000-square-foot warehouse in the popular section of Queens, boosting its portfolio following its 2016 purchase of a similar, larger property just one block away.

ATLANTA—“Although the outlook for the hotel industry is positive over the next several years, we're seeing more motivated owners selling both non-core and assets requiring significant capital reinvestment…”

IRVINE, CA—There is a bright future for industrial real estate in general, but the Bendetti Co. likes Reno especially for its opportunity for NOI growth, Jared Christensen tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.

IRVINE, CA—The programs can make a difference for the down payment as well as the affordability of monthly house payments, providing solutions for buyers who otherwise wouldn't make the leap, RealtyTrac's Daren Blomquist tells GlobeSt.com <b>EXCLUSIVELY</b>.

CHICAGO—There is a tremendous appetite among developers and investors to launch new industrial projects in suburbs like Wheeling, but it is tough to assemble the necessary land.

TYSONS, VA-TEGNA is taking 60,000-square feet in a pre-lease at Meridian Group's first office tower in The Boro.