Development
168-Acre Railhead of Central Pointe Readies for Vertical Development
TEMPLE, TX-Served by short-rail company Patriot, the first phase of this industrial property is ready for distribution companies interested in design-build or build-to-suit facilities. FULL STORY
Super Bowl 2014 To Generate $550M for NY/NJ Region
EVENT COVERAGE EAST RUTHERFORD, NJ-Panelists at the Urban Land Institute’s Northern New Jersey forum on Thursday outlined their concerns—and a contingency plan--for making the big game a successful one for both the city and suburbs at MetLife Stadium. FULL STORY
Chinese Company to Buy, Reposition Cassa Hotel
NEW YORK CITY-The company, HNA Property Holding Group, will buy and reposition the 165-room hotel, thanks to a $65 million senior loan provided by PCCP LLC. FULL STORY
Insight Preps for $75M Silver Spring Multifamily Building
SILVER SPRING, MD-The company will build a 310-unit class A apartment building at the site of the former US Postal Service property. FULL STORY
World's Tallest Hotel to Open in Dubai in Q4
DUBAI-Marriott is debuting its Marquis brand outside the US for the first time with this 1,608-room hotel, being built by locally based Emirates Group for a reported $490 million. FULL STORY
ULI NJ Gets a Sneak Peek of Super Bowl 2014
EVENT COVERAGE EAST RUTHERFORD, NJ-Members of the Urban Land Institute’s Northern New Jersey chapter got the inside track about the big game coming to the Meadowlands—and an exclusive tour of the stadium. Click through for exclusive GlobeSt.com photos. FULL STORY
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WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.
