Featured
$250M Manhattan Tech Hub Breaks Ground
The new facility in the city’s Union Square neighborhood will feature collaborative workspaces, market-rate space, flexible leases and tech training courses.
AC Hotel Opens in LA’s South Bay
General contractor R.D. Olson Construction recently completed the 180-key lodging property in El Segundo, Calif.
West Loop Trophy Tower Hits the Million Mark
Preleasing at 110 N. Wacker, Chicago’s tallest new office building in decades, surpasses 1 million square feet on the strength of a law firm’s commitment.
What the Inverted Yield Curve Means for CRE
Recession fears loom with investors piling into long-term government bonds, but the implications for commercial property are a mixed bag.
Stockbridge Scores $350M Financing for Logistics Deal
The company acquired a 26-property, 6.3 million-square-foot industrial portfolio spread across nine markets, primarily on the West Coast.
IPO Filing Reveals Costs of WeWork’s Growth Spree
The flexible office giant’s parent firm revealed that the company lost more than $900 million in the first six months of 2019, while revenue doubled to $1.54 billion.
Cushman & Wakefield Tapped for HQ at $1B Dallas Campus
KDC selected the firm to provide services for Pioneer Natural Resources’ new corporate headquarters, part of the 150-acre Hidden Ridge mixed-use project under way in Irving, Texas.
New Jersey Industrial Portfolio Sells for $178M
Hampshire Real Estate Cos. sold the assets into a new joint venture with an affiliate of Colony Capital. The complex transaction was arranged by CBRE.
Drawbridge Realty Picks Up Opportunity Zone Asset for $98M
The company also owns an office property next to the two-building campus in Santa Ana, Calif.
Fairbridge Properties Buys Chicago Office Asset for $43M
The company purchased Oak Brook Gateway, a 233,200-square-foot building, marking its entrance into the Windy City market.