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ST. LOUIS—The downtowns of older secondary cities such as St. Louis and Milwaukee have attracted new people, and developers see opportunities to launch renovated boutique hotels.
SAN DIEGO—Downtown offers a great commute for executives who live up north because it is against traffic during rush hour, adding hours to their day, CBRE's John Shelton tells GlobeSt.com <b>EXCLUSIVELY</b> when discussing the pros and cons of the submarket.
CARLISLE, PA—American Realty Advisors has acquired the 700,000 square-foot warehouse/distribution property at 2 Ames Drive in Carlisle, PA, from a joint venture between Dermody Properties and PCCP.
ORANGE COUNTY, CA—With talk of the upward cycle ending soon, GlobeSt.com speaks <b>EXCLUSIVELY</b> with two of Voit Real Estate Services' OC-based brokers to find out where the market stands in their respective sector specialties.
BOSTON—Cottonwood Management LLC and hotelier Regent Hotels & Resorts have signed an agreement that will have the two firms focus on a major mixed-use development in the Seaport in Boston and a potential development project on Fifth Avenue in New York City.
PERTH AMBOY, NJ—The Hampshire Cos. has sold a 255,000-square-foot industrial building it owns at One Buckingham Avenue in Perth Amboy, NJ to a buyer it declined to identify.
NEW YORK CITY— Westbrook Partners has refinanced its loft-style office building at 31 West 27th St. here through TD Bank, N.A. after completing an extensive repositioning at the Midtown South property.