Business Specialties
CIM Group to Pay $240M for Chicago Tribune Tower
The sale of the iconic Michigan Avenue office building is expected to close in the third quarter.
Cleveland’s Historic Standard Building Ready for Makeover
BGL Real Estate Advisors secured $81 million for Weston’s conversion of the downtown landmark.
Gramercy Closes $207M Office Portfolio Sale
The deal reflects the company’s strategy of divesting select non-core assets following its merger with Chambers Street Properties.
Under Armour Expands Distribution Footprint—Again
The Baltimore County facility will be a milestone for one of the largest redevelopment projects on the East Coast.
Lexus Distribution Center Opens in Metro Atlanta
The new facility will incorporate 107,000 square feet of space and house up to 30 employees.
What Blackstone, Inland Moves Mean for Non-Traded REITs
Investors will likely benefit from more efficient distribution channels and attractive fee structures, contends RealtyMogul’s Jilliene Helman.
New Rainbow Ryders Building Under Construction in Phoenix
The new building, more than double the size of the company’s current space, is expected to be ready in the first half of 2017.
FRP Development Closes $8M Deal in Baltimore County
The sale of the industrial building at 10820 Gilroy Road was brokered by NAI KLNB.
Monmouth Makes $32M KC Metro Buy
The Olathe, Kan., distribution center was fully leased at the time of sale.
Spectrum Retirement Communities Opens New Care Center
Hilliard Assisted Living & Memory Care is now receiving senior residents in the Columbus area, Ohio.