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CHICAGO—The LEED-Gold building has some of the region's most up-to-date features, including 40' clear height, and joins several other new projects in the immediate neighborhood.
PHILADELPHIA, PA—DoubleTree by Hilton and Hilton Worldwide have opened DoubleTree by Hilton Philadelphia Airport, 4509 Island Avenue, Philadelphia, PA, located adjacent to the Philadelphia International Airport, just off Interstate 95 and only six miles from the heart of historic Philadelphia.
OLD BRIDGE, NJ—The retail vacancy rate in northern New Jersey's six major shopping corridors fell to 7.3% from 8.1% a year ago thanks to ongoing absorptions of empty 'big-box' stores—including some long-dormant spaces—according to R.J. Brunelli & Co.'s latest survey of the market.
CHICAGO—The company paid $305 million for 28 properties in five states and will complete a total of $750 million in acquisitions by the end of this year.
MIAMI—With standing room only, Walter Byrd moderated the Industrial Power Panel: A View From the Top and Michael Brennan outlined five factors driving industrial growth nationally.
PHOENIX—The $250 million venture by The Bascom Group, LLC and funds managed by Oaktree Capital Management, L.P. has acquired Indigo Creek Apartments, a 408-unit luxury community located in Glendale for $40.5 million.