Crain’s Chicago Business Vinayaka Hospitality has paid $432 million, or $128,955/room, for the 335-room Blackstone Hotel in downtown Chicago The Schaumburg, Ill, hotel manager acquired the property, at 636 South Michigan Ave, from a venture of...
Crain’s Chicago Business Tishman Speyer is offering for sale Union West, a 357-unit apartment property in Chicago The New York investment manager hired CBRE to market the property, which it bought in 2023 for $128 million At the time of...
Washington Business Journal Google is in discussions to fully lease 500 North Capitol St NW, a 231,000‑square‑foot office building in Washington, DC The Mountain View, Calif, tech giant, a subsidiary of Alphabet Inc, would be leasing the...
Commercial Property Executive AKIRA has agreed to extend its 202,105-square-foot lease at Crossroads Parkway, a 352,338-sf industrial property in Bolingbrook, Ill, a southwestern suburb of Chicago The fashion retailer, which has occupied space at...
Austin Business Journal The buzz is SoftBank Group Corp has leased a 280,000‑square‑foot industrial building within the Hutto Crossing industrial park in suburban Austin, Texas The Tokyo-based investment conglomerate is said to be occupying the...
Crain’s Chicago Business The 691,410-square-foot office building at 2 North LaSalle St in Chicago has been brought to the sales block by the bondholders that took control of it two years ago Torchlight Loan Services, the special servicer...
Crain’s Chicago Business RIG Capital has paid $167 million, or $149,775/unit, for the 1,115-unit Pavilion Apartments in Chicago, near O’Hare International Airport The local investment firm acquired the property, at 5441 North East River...
Boston Business Journal Advocates has signed a lease for 95,000 square feet of office space at 251 Locke Drive in Marlborough, Mass, about 31 miles west of downtown Boston The human services nonprofit will house its headquarters at the three-story...
The Real Deal Law firm Baker McKenzie has expanded its footprint at 10 Bryant Park in Midtown Manhattan by 16,000 square feet to 122,000 sf, giving it just more than 14% of the 865,000-square-foot office building’s total space The law firm was...
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...
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