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Chicago Grocery-Anchored Shopping Center Commands $107M
Federal Realty Investment Trust likes the market area’s strong demographics and the property’s location in Lincoln Park neighborhood.
CBRE to Handle Sale of Reebok MA HQ
The campus is located 10 miles south of Boston and consists of a 518,000-square-foot main building and several smaller support facilities.
HSBC Recommits to 550 KSF in Manhattan
The financial concern has signed a five-year leasing agreement with PBC USA to maintain its North American headquarters at 452 Fifth Ave.
Tishman Unveils 620 KSF Creative Office Campus
The company is partnering with the HNA Group to develop the 10-story building above the historic Macy’s department store in the heart of downtown Brooklyn.
Westroc, Woodbine Open $100M Resort in Arizona
Mountain Shadows, the first new resort in Paradise Valley in eight years, features 183 guestrooms, 42 condominiums and suites, as well as a presidential suite facing Camelback Mountain.
Brookfield Snaps Up $855M Portfolio
The company has expanded in 12 states with the acquisition of a mix of high-quality industrial and office properties totaling 8.6 million square feet.
Pure Industrial Takes 2 in Texas
The Vancouver, B.C.-based REIT has acquired the 1 million-square-foot Cedar Port Distribution Centre in suburban Houston, along with 16 acres of land in San Antonio.
The April digital issue of CPE is now available!
The April issue offers a focus on sustainability, with some advice on how to clear its biggest hurdles, a Q&A with Yardi Energy’s Martin Levkus, financing advice and a trio of case studies featuring some innovative ideas. You’ll also want to read about Merle Gross-Ginsburg, who pioneered women’s involvement in the CRE companies’ executive ranks.
TCC Group Unveils $3.5B Mega-Project in Thailand
The upcoming One Bangkok city district will include five office towers built to LEED and WELL standards, five hotels, three luxury residential high-rises, retail and a variety of civic, art and cultural facilities.
Marriott Sells Hawaii Resort for $317M
The Westin Maui along Ka’anapali Beach comprises the recently renovated 553-key Ocean Tower, as well as the 206-key Beach Tower, which will get its own makeover under the new ownership of Trinity Investments and Oaktree Capital Management.