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Submarkets such as the Galleria remain attractive to investors and lenders due to the desire to place capital in Houston and the quality asset of the Hyatt Galleria drew heavy lender interest for the refinance.
The executive director of the Queens Economic Development Corporation in an EXCLUSIVE GlobeSt.com interview previews the RealShare New York session on urban logistics facilities.
The London Centre is a campus for Fordham students and other universities to study abroad and immerse themselves in the culture of the city as well as the continent.
Demand has focused on large-box industrial product, but the stability of the economy is now fueling the expansion of smaller companies in need of smaller industrial spaces.
Originally established in 1974, the property served as a hub of community activity and premier tourism destination for 30 years before being irreparably damaged by Hurricane Ivan.
The deal marks the Washington, DC-based REIT's second investment in Boston following its recent announcement of joining with National Real Estate Advisors and HYM Investment Group to own and develop One Congress, a 1-million-square-foot trophy office tower in Downtown Boston.