Brokerage

Sovereign Capital Acquires Congress Center in Chicago for $95M

Sovereign Capital Management Group, a San Diego-based real estate company, has purchased a Class A, 524,800-square-foot, 16-story office tower in downtown Chicago for $95 million.

Savanna, Monday Properties Sell 260 KSF 386 Park Ave. S.

Savanna and Monday Properties have sold a 20-story building in the heart of Midtown Manhattan for reportedly between $110 million and $113 million.

C&W Arranges 295 KSF Office Lease for Sutter Health

Sutter Health has signed a 10-year lease on an office building in California that will bring more than 1,000 new jobs to the area.

Sunnyvale Set to Steal Tenants from Neighboring Submarkets; Legacy Pounces on Development Opportunity

By Alex Girda, Associate Editor The improving office market in Silicon Valley is making its effects known, as landlords and developers scramble to get as much space as possible while the spike lasts. Yet while the area is set to continue to generate interest due to the presence of giants such as Facebook and Google, […]

SL Green JV Recapitalizes 4.5 MSF West Coast Office Properties

East Coast office giant SL Green Realty formed a joint venture to recapitalize a 31-property office portfolio in Southern California.

Caesars Entertainment and Caruso Affiliates Announce First Wave of LINQ Tenants

By Alex Girda, Associate Editor Caesars Entertainment has revealed the initial lineup of restaurants, retailers and entertainment venues for the LINQ, its $550 million open-air district scheduled to open on the Las Vegas Strip in late 2013. The tenants will join such previously announced attractions as a giant Ferris wheel. Leading development at the 300,000-square-foot […]

Chrysler Inks Lease for 110 KSF in Manhattan’s Auto Row

Chrysler has signed a lease for a new auto showroom and service space at 629 W. 54th St. in the Big Apple.

Emmes Completes Major Lobby Renovation of 377 KSF at 4000 MacArthur

The complex in the Orange County, Calif. coastal city got a facelift from Emmes Asset Management, which oversaw major renovations of the lobby and other significant upgrades throughout the property.

Buchanan Street Partners and Lowe Enterprises Acquire Class A Office Building in Lone Tree

By Gabriel Circiog, Associate Editor National real estate investment management firm Buchanan Street Partners, in a venture with Los Angeles-based Lowe Enterprises, has acquired a 192,800-square-foot Class A office building in southeast suburban Denver. Located at 10375 Park Meadows Dr. … Continue reading

Buchanan Street Partners JV Acquires 193 KSF Office Building in Suburban Denver

Buchanan Street Partners and Lowe Enterprises bought Parkridge, a Class A, six-story office property in a Denver suburb.