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Chicago’s $3.8B Bronzeville Lakefront Revamp Gets Pivotal Approval
The Plan Commission gave the go-ahead for developers to move forward with the project, which is expected to include 7 million square feet of mixed-use space.
PCCP Pays $83M for Portland Industrial Asset
CBRE’s Val Achtemeier arranged a $55.8 million floating-rate loan with MetLife on behalf of the buyer.
Trammell Crow Completes Seattle Life Science Project
In a partnership with Washington Capital Management, the company built the 10-story development in the Denny Triangle neighborhood.
Big Finance Firms Renew San Francisco Leases
Goldman Sachs and Bank of America recommitted to a downtown skyscraper owned by Vornado Realty Trust and the Trump Organization.
Duke Realty Preleases New Jersey Distribution Center
Bob’s Discount Furniture will be the long-term tenant at the facility in the New Jersey Turnpike corridor.
Urban Catalyst Launches $200M Opportunity Zone Fund
The commitments will support the Icon/Echo office and multifamily development in San Jose, Calif.
Lionstone Investments Closes Latest Value-Add Fund at $745M
Surpassing its initial target, the company re-engaged the investors from its previous fund and added new overseas partners.
SL Green Strikes $275M Manhattan Office Deal
The REIT’s sale of its stake in a Midtown tower is part of a strategy to divest non-core assets.
San Francisco’s $1B SoMa Project Moves Forward
Brookfield Properties and the Hearst Corp. have topped out the first and largest of the new buildings at the 5M mixed-use development.
New York City CRE Sales Reach $11B in H2: REBNY
Results were decidedly mixed, as deal volume rallied in the second half while other metrics took a significant hit.