News

Stearns will oversee CBRE's global finance and accounting organization, including tax, treasury, balance sheet management, financial planning and analytics and investor relations.

The travel and co-working company that has 22,000 beds across 13 countries has an $850 million valuation.

Hanerfeld, who leased more than 4 million square feet of office space since 2008 when he joined Cushman & Wakefield, will report to Mike DiBlasi, the newly appointed managing director of CBRE's Tampa office, who left Feldman Equities and joined CBRE in February.

With this promotion, DeMartino will oversee all development operations for the Greater Boston region, including land acquisitions, development, design, construction management, leasing and divestment.

The initial portfolio will comprise 38 hotels consisting of 27 Hyatt Place properties and 11 Hyatt House hotels located in the US, with a total of 4,950 rooms and an appraised value of about $720 million.

Miami-based Flagler Global Logistics, an integrated, third-party logistics provider and real estate developer, already owns 500 acres of land that borders the Turnpike Transfer site, where it is developing Countyline Corporate Park.