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PORTLAND-Sage Hospitality Resources, a Denver firm that specializes in the restoration and conversion of historic properties is awarded what will amount to about $20 million by the federal government in support of its plans to convert the upper 10 floors of the 16-story, 650,000-sf historic department store building into a high-end hotel, while Meier & Frank compresses itself into the five lower floors.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!