Crain’s Chicago Business A venture led by investor Jonathan Holtzman is offering for sale the Fisher Building, a 184-unit apartment property in Chicago The venture, which has held an ownership stake in the property since 1999, hired CBRE to...
Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash, about five miles east of Seattle The Chicago investment manager acquired the property, at 2758 78th Ave...
A total of 208,072 apartment units were absorbed during the first half of the year, while 167,734 units were delivered If demand continues to outpace supply this year, it would be the first time in five years that that's...
Minneapolis/St Paul Business Journal Faegre Drinker Biddle & Reath has agreed to renew its 175,000-square-foot lease at Wells Fargo Center, a 12 million-sf office property in Minneapolis The law firm leases floors 20 through 27 in the 57-story...
Multi-Housing News Tishau Holdings Properties has paid $87 million, or $217,500/unit, for the 400-unit Mirasol Apartments in Las Vegas The Menlo Park, Calif, company acquired the property, at 2180 East Warm Springs Road, from Waterton of Chicago,...
Conditions in the national office market continue to stabilize, with certain gateway areas in full recovery mode New York is one of them SL Green Realty Corp, for instance, reported leasing spreads at replacement leases of 18% during the latest...
Cincinnati Business Courier Silverman & Co has broken ground on Riverstone Place, a 269-unit apartment property in Covington, Ky The Blue Ash, Ohio, developer is building the property at West 4th Street and Madison Avenue, across the Ohio River...
Multi-Housing News Pacific Urban Investors has paid $112 million, or $289,406/unit, for the 387-unit A’Capella Apartments in Lynnwood, Wash, a northern suburb of Seattle The Palo Alto, Calif, investor acquired the property, at 15001 35th Ave...
Phoenix Business Journal An affiliate of Baseline Partners has paid $2525 million, or $24902/sf, for Arrowhead Executive Center, a 101,397-square-foot office property in Glendale, Ariz, about 22 miles north of Phoenix The Mesa, Ariz, investment...
Commercial Property Executive Merus has broken ground on Dixon Commerce Center, a 190,960-square-foot industrial property in Obetz, Ohio The Cincinnati developer is building the property at 4390 Hubner Way, about seven miles south of Columbus, Ohio...
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