Real Estate Weekly report on the announcement that Quadrum Global is to build a new hotel in the Hudson Yards area of New York City. The hotel is to be built at 351 West 38th Street and is a Garment District property acquired in 2014.
Read the full article here: Quadrum to build new Garment District hotel
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com
About Quadrum Global
Quadrum Global is a global real estate development, investment and management firm focused on value-add opportunities. Since 2009, the group has invested over $1 billion in equity capital in US real estate. For more information, visit www.quadrumglobal.com
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