Featured
Suburban Chicago Office Towers Land $60M Refi
Zeller Realty Group received the financing for two seven-story buildings totaling 350,000 square feet in the North Shore submarket. HFF arranged the loan through Ares Commercial Real Estate Corp.
Westgate Resorts Buys Vintage Manhattan Hotel
The historic 300-key hotel in Tudor City, near Grand Central Station, has been rebranded as the Westgate New York City. It’s the company’s first acquisition in a major city.
PS Business Parks Grows Mid-Atlantic Industrial Footprint
The REIT purchased a group of 19 assets from MRP Realty and institutional investors advised by J.P. Morgan Asset Management, adding 1.1 million square feet to its holdings.
Incipio Signs Warehouse Lease in California
The designer and manufacturer of mobile device accessories leased more than 300,000 square feet in Corona. JLL negotiated the deal on behalf of the tenant, while Colliers represented the landlord.
I.CON 2018 Special Report: Experts Unveil Industrial’s Big Disruptors
The sector is expanding at an unprecedented pace, deeply impacting supply chains and changing the investment landscape. What’s next for real estate’s most sought-after asset class?
How E-Commerce Growth Benefits the Industrial Sector
Amherst Capital’s Abbe Franchot and Christopher Kelly reveal how changes in warehouse design could help meet the growing demand in the sector.
Greenberg Gibbons Builds $350M Mixed-Use Project in Baltimore
Towson Row will bring 1.2 million square feet of residential units, office space, retail accommodations, as well as student housing and a hotel to downtown Towson, Md.
Golub & Co. Sells Interest in Chicago High-Rise
The locally based international real estate developer will continue as operator, manager and leasing agent of Orrington Plaza, a 20-story trophy office building in Evanston, Ill.
Yardi Launches New Risk Management Solution
The online platform will search government watch lists and other local verification sources to ensure suppliers meet the property owners’ and managers’ requirements for insurance coverage, professional licenses and background checks.
FRM Associates Buys LA-Area Office/R&D Campus
NKF Capital Markets brokered the deal on behalf of the sellers, Platform Ventures and PMRG. The 574,000-square-foot property has long been home to aviation and defense companies.