J.B. Hunt Transport Services plans to cease operations at a facility in the Atlanta area as the logistics and supply chain sector struggles with a persistent slowdown in shipment volume and President Donald Trump's trade war.
Seaport Entertainment Group, whose portfolio is anchored by retail, restaurant and entertainment venues in lower Manhattan’s Seaport neighborhood, has promoted its finance chief as president and chief executive officer.
Real estate investment firms Trinity Investments and Certares Real Estate Management have sold the 352-room lifestyle hotel EAST Miami to Blackstone Real Estate.
As an intern in the late 1970s for then-San Francisco Mayor Dianne Feinstein's Office of Economic Development, Barbara Morrison was tapped to implement a federal loan program to help small businesses buy commercial real estate. She loved the program, but “the politics and bureaucracy” that came with working for the city “drove me around the bend," she told CoStar News.
A German startup that makes modular industrial robot arms that can be used by small-scale manufacturers has picked San Francisco for its United States headquarters.
The Lehigh Valley industrial sector — long regarded as one of Pennsylvania’s strongest logistics hubs — is experiencing its steepest downturn in more than a decade. Owners of recently completed warehouses are faced with shrinking tenant demand, while a wave of new supply has pushed vacancy to the highest level since 2010.
GFI Real Estate is in negotiations to refinance debt on its Hotel Seville NoMad property in New York through a $60 million land sale-leaseback transaction and potential bond issuance.
Ask any transplant why they moved to Dallas-Fort Worth, and you will likely hear the same answer. Although there are the usual reasons that people move, like school or to be with family, more often than not, it is a matter of one thing: jobs.
Despite the relatively higher interest-rate environment of the past three years, industrial construction has proliferated in South Texas, even as development has cooled nationally.
At the end of a major restructuring program, Altarea Logistique Urbaine is ready to crystallize the value created by its distribution warehouse in Vitry-sur-Seine. According to our information, Altarea Logistique Urbaine has granted Morgan Stanley exclusive rights to sell its 7,600 m2 asset.
Visitor taxes, tourism levies, bed taxes, call them what you will, are spreading around the world as surely as the tourists themselves, with similarly mixed reactions.
Third-party hotel management companies play an integral role in the guest experience, and taking note of what they do well and not so well in regard to guest satisfaction can aid the evolution of their operations.
NASHVILLE, Tennessee — With economic and financial market conditions stymying both new hotel development and transactions, many hotel owners have focused on conversions to revamp their portfolios.