Business Specialties
OHL Renews, Expands Space to 591 KSF in South Dallas
Ozburn-Hessey Logistics, one of the largest third-party logistics companies, has both expanded and renewed a lease in the third most populous city in Texas.
MB Real Estate Completes 260 KSF in Leases at Michigan Plaza
MB Real Estate has completed 26 lease transactions this year at a two-building complex in Chicago totaling 69 stories.
Compass Buys $2.1M Site in Durham to Develop Data Center
by Adriana Pop, Associate Editor Compass Datacenters of Texas has completed the acquisition of a 16.5-acre site in Research Triangle Park, where it plans to build one of its first data center complexes in the U.S. According to the Triangle Business Journal, a subsidiary of the Dallas-based company has purchased the land from two seller […]
Prestige Refinances 517 KSF Bronx Retail Center for $210M
Prestige Properties refinanced its Bay Plaza Community Center inside a Bronx, N.Y., shopping center as part of a strategic decision.
Life Time Fitness Purchases a 232 KSF Office/Distribution Building in NY
Life Time Fitness bought an office/distribution building in Harrison, which it plans to raze, and build a state-of-the-art fitness center on the 24-acre site.
Wheelock Street Capital Buys 15 Hotels for $221M
Wheelock Street Capital purchased 15 hotels in nine states in two separate transactions for $221 million.
Bridge Sells 163 KSF Suburban Class A Chicago Office
Bridge Development Partners sold a suburban four-story office building in Chicago to Cole Real Estate Investments.
IPA, Rockefeller Group JV to Develop Apartments in Phoenix Suburbs
Investment Property Associates and The Rockefeller Group are developing a Class A apartment community in Gilbert, Ariz.
NYC’s Essex House Sells to Strategic Hotels for $362M
Strategic Hotels in a JV bought the famous Essex House Hotel in Manhattan’s Central Park South for a whopping $362 million.
$243M Financing Package Arranged for Trophy Office Building in DC
Republic Properties refinanced Portals III, a premier office tower in Washington D.C., for $243 million.