Cleveland
Lone Star Brewery Still on Tap, Despite Problems
NRP Group of Cleveland is still planning to build apartments at the Lone Star Brewery in San Antonio, even after… Read more
ARA Newmark Brokers $61M MF Sale in Raleigh, NC
Baltimore-based Continental Realty Corporation acquired The Edison Lofts, a 223-unit, multi-housing community located in Raleigh, NC from Cleveland, OH-based NRP… Read more
Cleveland Development Team Receives $142M Financing
HFF secured $142 million in financing for the development of Pinecrest, a roughly 650,000-square-foot mixed-use lifestyle project in Cleveland’s Orange… Read more
Multi-State, 15-Asset Self-Storage Portfolio Sold
CBRE Group, Inc. completed the sale of a portfolio of 15 Trojan Self Storage facilities in three western states, California,… Read more
TravelCenters of America Buys Space for Expansion
TravelCenters of America LLC paid $2.2 million to acquire a 30,000-square-foot building at 24839 Center Ridge Rd. in Westlake, OH,… Read more
$268M Sale Takes Atlanta-Based Columbia from Cleveland
Columbia Property Trust Inc. exited the Cleveland, OH market with its sale of the 1.3-million-square-foot Key Center. The office tower… Read more
$10M Paid for Historic Frank & Seder Store
Stark Enterprises has acquired the historic 203,643-square-foot former Frank & Seder department store in downtown Pittsburgh. The Cleveland, OH-based buyer… Read more
Canadian REIT Buys Embassy Suites for $124M
American Hotel Income Properties REIT LP entered into a contract to acquire three Embassy Suites by Hilton, a portfolio totaling… Read more
Courtland Partners Founder Dies
Michael J. Humphrey, founder and managing principal of real estate assets consulting firm Courtland Partners Ltd., died. He was 56… Read more
Detroit Motoring Once Again
While its Midwest neighbors in Chicago and Cleveland are playing in the World Series, Detroit is ‘motoring’ to a different… Read more
Hertz Pays $417M For Midwest Portfolio
Hertz Investment Group of Santa Monica, CA acquired four office buildings in the Midwest, paying seller Equity Commonwealth $416.7 million… Read more
Real Estate Experts at GOP Convention Want Fewer Regulations
By Amy Wolff Sorter Meaningful real estate growth has a way to go, according to panelists at “Real Estate &… Read more
Starwood Places $1.2B Mall Portfolio on Sales Block
Starwood Capital Group has reportedly hired Eastdil Secured LLC to broker a seven-mall portfolio acquired from Westfield Corp. in 2012.… Read more
Buffett’s Berkshire $1B Bet on Apple
Warren Buffett’s Berkshire Hathaway Inc. took a $1-billion stake in Apple Inc., disclosing it bought 9.8 million shares in the… Read more
Happy 99th Birthday, I.M. Pei
Ieoh Ming (I.M) Pei is celebrating his 99th birthday today. Pei, a renowned architect, is best-known for designing the Bank… Read more