The investment partnership, the first between the two firms, encompass the Waldorf Astoria Beverly Hills and the Beverly Hilton hotel properties.
The owners of a portfolio of 15 retail properties in Williamsburg, Brooklyn received $221.8 million in financing.
The rent discount for Class A space in Crystal City vs. Class B space in Washington, DC will continue the trend of cost-conscious tenants exploring this market, according to JLL.
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