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EverWest Real Estate Investors, in partnership with global private markets investor Partners Group, completed the purchase of the Burlingame Bay Office Park for a price in the $100 million range.
The hotel benefits from the area's wide variety of corporate demand generators, dining and shopping options, says Apple Hospitality REIT's Nelson Knight, executive vice president and chief investment officer.
The Newark data infrastructure now is the envy of many locations around the country, featuring 10 gigabit-per-second speed, one of the fastest urban data networks.
American Landmark is capitalizing on the inherent suburbanization of the DFW MSA facilitated by the recent completion and opening of State Highway 360, with access to downtown employment centers.
Across Houston, the population growth is not slowing down but speeding up, which is great for retail, along with industrial, which are neck and neck, both at 95% occupied.