Brokerage
Forever 21 Becomes Another Brick-and-Mortar Victim
The fast-fashion chain, which operates 800 stores globally, will close up to 178 locations in the U.S. after filing for bankruptcy.
WeWork Inks 51 KSF Orange County Lease
The coworking giant plans to open the Newport Beach space at the beginning of 2020.
WeWork Signs 362 KSF Manhattan Lease
The coworking giant will occupy the second to the 12th stories, along with part of the 14th floor, at the 850,000-square-foot 437 Madison Avenue.
Flexible Office Thrives Amid WeWork’s Woes
What’s next for coworking after the CEO of the sector’s most high-profile company steps down?
Orlando-Area Industrial Park Sells for Record Price
JLL represented WGCC Properties LLC in the disposition of the Class A, 140,929-square-foot asset to KKR.
VICI Properties Finalizes $558M JACK Cincinnati Casino Buy
The company entered a triple-net lease agreement with Hard Rock International for $42.8 million in annual rent. Two other leasing transactions are pending.
Summit Design + Build Breaks Ground on Chicago Adaptive Reuse Project
The company is converting a former Sears store in the Ravenswood/Lincoln Square area into a mixed-use building, half of which is leased to DeVry University.
Skanska’s 2+U Tower Now Fully Leased
Qualtrics will lease 13 floors totaling 275,000 square feet starting in summer 2020, at what will be named the Qualtrics Tower.
Industrious Expands Presence in Chicago CBD
The flexible workspace provider will occupy more than 93,000 square feet of space in Accenture Tower, the 40-story high-rise owned by KBS.
Lennar Homes to Occupy 156 KSF at Miami Office Property
The new tenant will occupy roughly three-quarters of a 212,619-square-foot Class A building that used to house Burger King’s headquarters.