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Sterling Bay Lands $175M for Chicago Mixed-Use Project
The three-part financing package, which includes a crowd-sourced equity component, will enable the company to move forward with its multifamily, hotel and retail development at 300 N. Michigan Ave.
Blackstone’s Secondary Fund Raises $1.9B
Strategic Partners, the investment giant’s secondary and fund solutions business, completed the final close for Strategic Partners Real Estate VII.
Will Retail Sales Growth Continue?
With yesterday’s government report showing a 7.5 percent uptick, experts weigh whether the momentum will last.
How COVID-19 Is Shaping Health-Care Real Estate: JLL
A new report from JLL highlights three trends in health-care real estate being accelerated by the response to the coronavirus.
Amazon Plans $250M Austin-Area Fulfillment Center
With Seefried Industrial Properties as developer, the e-commerce company is building an 820,000-square-foot facility in Pflugerville, Texas.
Office Occupancy Varies as Virus Keeps Many Workers Home
In its latest weekly report, Kastle Access Control Data recorded declines in three U.S. metro areas where COVID-19 cases have surged again.
Coworking Outlook Positive, JLL Finds
The fallout from COVID-19 will pave the way for the sector’s rebirth as a multifaceted office offering.
Why Suburbs, Secondary CRE Markets Will Benefit From the Next Recovery
According to reports by Cushman & Wakefield and Marcus & Millichap, COVID-19 is bolstering a preexisting shift in commercial real estate away from core markets.
Hines Signs 250 KSF Lease at Texas’ Tallest Building
The company welcomed a financial services firm to JPMorgan Chase Tower, its 1.7 million-square-foot office high-rise that’s currently undergoing extensive renovations.
Construction Costs Decrease for the 1st Time in a Decade
The COVID-19 pandemic and increased competition among contractors are key factors behind the decline.