NEW YORK CITY-The reported purchase price is more than double what Harbor Group International paid for 4 New York Plaza, formerly owned by J.P. Morgan Chase, in January 2010.

NEW YORK CITY-The private equity giant says it plans to accelerate the growth of the budget lodging chain’s franchise, which currently numbers 1,102 properties in the US and Canada.

NEW YORK CITY-Nearly two-thirds of respondents to a GlobeSt.com poll said recent high-level resignations either portend more to come or prove that the industry needs to work on succession planning.

BOSTON-In its second acquisition here since 2007, Shorenstein Properties is paying a reported $110 million for the nine-story office property, a former wool warehouse that has been extensively upgraded.

You won’t see many new malls coming on line these days. What you will see is investors snapping up existing product for repositioning opportunities.

Despite lingering economic worries, consumer spending is trending upward, which bodes well for the sector—although not necessarily for brick-and-mortar stores

NEW YORK CITY-The revised scenario for the 61-acre Queens site could entail another trip through the city&#146;s environmental review process, unnamed sources tell the <i>New York Times and <i>Wall Street Journal.

NEW YORK CITY-The corporate environment of changing workplace preferences and reduced space is still very much a work in progress, experts said at Wednesday&#146;s WorkTech 12 New York conference.