The national portfolio owned by New York City-based MCR and BLT of Stamford, CT, encompasses 5,958-guestrooms at 53 Marriott and Hilton select service and extended stay hotels located in 15 states and 31 markets.

Under the terms of the GRP I joint venture, Northwestern Mutual will acquire an 85% interest in the 17-center portfolio which is currently valued at $368 million.

HFF announces the sale of Home2 Suites near extensive medical facilities at the University of Florida, one of the largest colleges in the US.

Tenant demand is at an all-time high, as are rental rates and occupancy costs but Interstate 80 Logistics Center will offer tenants an institutional-quality alternative for logistics, distribution and e-commerce operations.