Lawyer says he has known Transwestern's leadership for many years and been impressed by its commitment to excellence, integrity and shared purpose, along with providing sound advice to clients.

As industrial properties continue to be all the rage, Innovo Property Group and Square Mile Capital are buying and modernizing another distribution center—this time in Queens.

European company Generator Hostel has acquired the Courtyard by Marriott in what appears to be its second location in the US.