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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.
Top 5 Cities for RevPAR Drop in Home-Sharing
Airbnb and Vrbo renters have been heavily impacted by the COVID-19 crisis. Here’s a breakdown of the cities with the highest decline in revenue, based on AirDNA data.
VEREIT, Ocean West Acquire Dallas Industrial Property for $247M
The firms purchased the 2.3 million-square-foot asset from NorthPoint Development, which remains as a joint-venture partner.
Philly Office Project Lands $187M Construction Loan
The Class A tower will rise in the Center City neighborhood and encompass 305,000 square feet.
IAC Makes $1B Investment in Casino Giant MGM Resorts
Counting on the potential of online gaming, the media and technology holding company acquired a 12 percent stake in MGM Resorts International.
The Hollingsworth Cos. Breaks Ground on Alabama Industrial Project
The development rising at the SouthPoint Business Park in Huntsville marks the largest speculative industrial building ever constructed in Northern Alabama.
Duke Realty Backfills Metro Nashville Logistics Building
With the signing of a new lease just north of 200,000 square feet, the developer’s facility in Lebanon, Tenn., has reached full occupancy.
COVID-19 Impact Concerns on the Rise in CRE: NAIOP Study
NAIOP’s latest monthly survey finds improved activity in some aspects of the industrial and office markets but increasing pessimism about the pandemic’s long-term effects.
Proptech Shows Recovery Signs Despite Drop in Investor Confidence
Proptech hasn’t escaped the ravages of COVID-19, but the pandemic is sparking new advances in the space, according to MetaProp’s Mid-Year 2020 Global PropTech Confidence Index.
The CPE-MHN 2020 Midyear Update is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the CPE-MHN 2020 Midyear Update for a quick read or click on individual articles for an in-depth look at the topics that most interest you.