Barbra Murray
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.
Sterling Bay Buys Chicago Office Tower for $510M
In its largest purchase ever, the REIT snapped up the 1.6 million-square-foot 600 W. Chicago Ave., home to Groupon’s headquarters, from Equity Commonwealth.
Urban Outfitters Joins $1.5B Metropica in Florida
The trendy clothing and home furnishings store will occupy 8,000 square feet within the retail and entertainment center of Metropica Holdings LLC’s 65-acre master-planned community in Sunrise, just outside Fort Lauderdale.
Georgia-Pacific to Bring $135M Plant to Peach State
The pulp and paper product manufacturer will develop the state-of-the-art facility in Warren County, as a replacement for an existing adjacent lumber mill.
Harbor Buys 2 Office Campuses in SoCal Suburbs
In separate cash transactions totaling $56 million, the value-add real estate investment company acquired Valencia Gateway and Conejo Corporate Campus, two properties totaling 356,100 square feet.
HFF Arranges $160M Sale, Loan for Philly Office Tower
Acting on behalf of Equity Commonwealth, the firm arranged the disposition of the 826,000-square-foot building at 1600 Market St., and secured acquisition financing for the buyer, an affiliate of American Real Estate Partners.
Sports Venues Spark Revitalization
In a new report highlighting the impact of Nationals Park in Washington, D.C., RCLCO points to a trend in stadium-inspired community transformations.
ASB to Sell Infomart Dallas for $800M
The 1.6 million-square-foot data center and office complex the company purchased in 2005 will soon come under Equinix Inc.’s ownership, in a cash and stock transaction.
World Class Buys 1.3 MSF Austin Campus
The company purchased the iconic 1.3 million-square-foot 3M Austin Center, where seller 3M will continue to occupy space for the remainder of 2018.
4,000-Key Resort Planned for Dormant Vegas Site
The 25-acre parcel that has been home to the remnants of the unfinished and ill-fated Fontainebleau casino hotel project for nearly a decade will finally come to life as The Drew Las Vegas.