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WaterWalk Signs $150M Franchise Deal

Brian J. Rogal | March 16, 2016

WICHITA, KS—The new corporate apartment provider has chosen a franchisee and will soon break ground on another eight properties.

Georgetown's Four Seasons is Part of Anbang/Blackstone Deal

Erika Morphy | March 16, 2016

WASHINGTON, DC—Well, that didn't take long. Blackstone only acquired the hotel a few months ago.

DTLA Condo Pricing Reports Clash

Kelsi Maree Borland | March 16, 2016

LOS ANGELES—Two condo pricing reports from the month of February tell very different stories, with condo prices down 10% year-over-year in one report and up 10.6%, in another.

Confirmed: 1615 L Street Trades for $229M | Watergate is 90% Leased

Erika Morphy | March 16, 2016

WASHINGTON, DC—Cushman Wakefield announces that the building has traded. Meanwhile, GWU is taking a full floor at The Watergate Office building, bringing the property to 90% occupancy.

Why Co-Working Space is Vital to Life Sciences

Carrie Rossenfeld | March 16, 2016

SAN DIEGO—Co-working space will become increasingly important to smaller life-sciences companies because it enables them to focus on the science part of their business, CBRE executives tell GlobeSt.com <b>EXCLUSIVELY</b>.

Shareholders Approve Merger of GLPI, Pinnacle Entertainment

Steve Lubetkin | March 16, 2016

WYOMISSING, PA—Gaming and Leisure Properties, the first gaming-focused REIT in North America, says its merger with Pinnacle Entertainment is moving forward. GLPI shareholders voted to issue GLPI common stock to Pinnacle stockholders, and Pinnacle says its stockholders have voted to adopt the merger agreement for the transaction.

Mack-Cali Records $365.5M in Disposition Agreements During Q1

Steve Lubetkin | March 16, 2016

EDISON, NJ—Mack-Cali Realty Corporation says that during the first quarter it reached agreements to sell assets in Washington, DC and Manhattan for approximately $365.5 million. The sales are part of the firm's $750 million goal for dispositions outlined last year in the company's strategic plan and represent an exit from these markets.

LEGO Education HQ Now Officially in Boston

John Jordan | March 16, 2016

BOSTON—The big corporate headquarters move to the city prior to General Electric's announcement in January of this year was LEGO Education North America's planned move from Kansas to the Back Bay.

ResiModel Grows Board, Client Roster

Rayna Katz | March 16, 2016

NEW YORK CITY—The multifamily data platform has brought on a financial technology veteran as executive chairman while gaining a following from household names in CRE, GlobeSt.com has learned EXCLUSIVELY.

Reimagining and Repurposing Becomes Retail Focus

Lisa Brown | March 16, 2016

SAN FRANCISCO—Retailers need to evolve in order to meet consumer demand, under healthy pressure that is forcing a new generation of developers to reimagine business, repurpose under-developed core real estate sites and form strategic partnerships with brands that can best adapt.

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