Northeast

The 134,732-square-foot building was acquired by Novaya Real Estate in August 2015.

The 180-room hotel is located between the tower building’s 48th and 60th stories. The Four Seasons Hotel Philadelphia also features 39 suites at the Comcast Tower that is the tallest building in the City of Philadelphia.

The property will serve as Fashionphile’s Northeast operations. In addition to its headquarters in Carlsbad, CA Fashionphile has brick-and-mortar studios in Beverly Hills, San Francisco, Carlsbad and New York City.

Colony Capital announced on Aug. 9th as part of its second quarter financial report that it has engaged advisors to market the company’s multi-billion-dollar industrial portfolio for sale, which may include the related management platform.

The REIT, Broadmark Realty Capital, will provide flexible real estate financing.

The two companies are partnering to build a portfolio of student housing assets across the US.

The asset class posted strong growth for the first quarter of 2019, according to Ten-X Commercial.

The renovation will open the top six floors to the public for the first time since the building opened in 1893. Marshall Field and Co. had historically used these floors for making furniture, clothes and its executive offices.