Crain’s Chicago Business A group led by investor Prakash Patel has paid $29 million, or $124,463/room, for the 233-room Homewood Suites hotel in downtown Chicago Patel acquired the property, at 40 East Grand Ave, from Brookfield The hotel was...
Atlanta Business Chronicle Google has agreed to fully lease a more than 1 million-square-foot industrial property at 6720 Oakley Industrial Blvd in the Atlanta suburb of Union City, Ga The tech giant is leasing the facility from Majestic Realty...
Simon Property Group addressed three-quarters of its 2026 lease maturities during the first three months of this year at mid-single digit leasing spreads Meanwhile, store sales increased by nearly 12% Other public mall owners also reported healthy...
Vedder has agreed to extend its office lease for 163,000 square feet at 222 North LaSalle St in Chicago through 2041 The law firm has been housing its headquarters at the 1 million-sf property since 1988 Tishman Speyer of New York owns the building,...
Crain’s Chicago Business Ansonia Properties has paid $91 million, or $258,522/unit, for Villages at Canterfield, a 352-unit apartment property in Dundee, Ill, a western suburb of Chicago The Chicago real estate firm acquired the property from...
Illumio Inc has agreed to lease 120,000 square feet at Campus at Scott, a three-building office property in Santa Clara, Calif The cybersecurity company was represented by JLL, while Newmark represented the owner, a venture of Ellis Partners and...
Dallas Business Journal Mercury One has agreed to lease 6655 MacArthur Blvd, a 172,089‑square‑foot office building in Irving, Texas The locally based nonprofit is leasing the property from Orion Properties Inc in a deal being brokered by Cushman...
Commercial Real Estate Direct Staff Report The data-center sector’s rapid growth is colliding with mounting challenges around power, community opposition, concentration, and underwriting risk That appeared to be the consensus among panelists...
Crain’s Chicago Business Menashe Properties is in talks to pay less than $60 million, or $7643/sf, for the 785,000-square-foot office property at 180 North LaSalle St in Chicago The Portland, Ore, investment firm would be buying the building...
The Durst Organization is offering for lease nearly all of the 655,208 square feet at its 114 West 47th St office building in Midtown Manhattan The New York developer is working with CBRE to lease the space, calling it a “rare opportunity for...
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