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The deal is comprised of 4.1 million operating partnership units each valued at $15.55, assumed mortgage debt of $36 million, and $5 million in cash.

Marriott plans to expand the home-sharing pilot it launched in Europe last year to the US, adding 2,000 home rentals in vacation destinations such as Lake Tahoe and Bar Harbor, ME.

Brookfield Property Partners CEO Brian Kingston said the company would be launching the fund within the next month or two.

A groundbreaking for the project was held last Friday and demolition of the Edison Building at the project site located at the southwest corner of North Boulevard and Spaulding Drive is scheduled to begin on May 7.

Originally built in 2006 within the Hembree Park master-planned community, the Roswell Distribution Center comprises two buildings featuring 26 dock doors, two drive-in doors and clear ceiling heights up to 24 feet.

As cannabis and hemp grow in popularity and acceptability, the world's largest cannabis company is planning a $150 million investment in New York state.

LG Realty hopes the mixed-use development's unique retail, office and outdoor spaces will attract leading companies, generate jobs, and create new energy in Pittsburgh's central business district.

600 Clyde Ave. will be a five-story 189,974-square-foot LEED Platinum office building and an adjacent parking structure on a 5.2-acre site that is fully pre-leased to Google LLC.