Business Specialties

How the New Senate Relief Bill Could Impact CRE

BOMA’s Emily Naden breaks down the two big provisions of the bill that affect the industry.

JLL to Lease Office Tower Near Wall Street

Rudin Management Co. has tapped the brokerage to market the 38-story, Class A tower in Lower Manhattan.

Facebook Breaks Ground on $800M Tennessee Data Center

The social media giant is building the nearly 1 million-square-foot, cutting-edge facility in an industrial park near Nashville.

U-Haul Opens New Storage Facility in Atlanta

The company converted a vacant motel into 164 climate-controlled units and plans to add 800 more units upon full build-out.

First Hyatt Place in Ontario Opens

The 123-key hotel in the Toronto suburb of Mississauga is the latest step in Hyatt’s brand expansion in Canada.

KBS Inks 26 KSF Minneapolis Office Lease

The tenant, a customer experience consulting firm, has operated its headquarters within the campus since 2010.

CBRE Grows Midtown Manhattan Footprint

The global firm is taking an additional 44,612 square feet at the MetLife Building for a total of more than 215,000 square feet.

Georgia Industrial Property Changes Hands for $44M

Oak Street Real Estate Capital sold its 811,000-square foot distribution center that’s leased to Bed Bath & Beyond.

JLL Lands Financing, Leasing Deal for 1.4 MSF Dallas-Area Industrial Park

The firm arranged a construction loan and equity partnership for Gruene Real Estate Partners and Weber & Co.’s development of Intermodal Commerce Park.

SHVO JV Completes $376M Purchase of Chicago’s Big Red

The sellers, The John Buck Co. and Morgan Stanley, paid $108 million for the iconic, 1.2 million-square-foot office tower in 2016.