News
Irvine Co. Welcomes Ziegler to Chicago Office Tower
The investment firm plans to occupy the entire 20th floor at One N. Wacker starting mid-2018. The leased space totals 32,000 square feet.
Peace Corps Relocates DC Headquarters
Starting next year, the government agency will occupy five of the 12 floors of one of the trophy office buildings in the NoMa district. Savills Studley arranged the lease.
Economy Watch: Rate Hike Signals Fed’s Upbeat Outlook
The Federal Reserve’s decision to raise interest rates was driven by its positive view of the U.S. labor market and overall economic growth, according to the Federal Open Market Committee’s latest meeting report.
CBRE Arranges $29M IL Retail Sale
The property is a 71,324-square-foot Mariano’s Fresh Market located in Palatine, Ill. Christian Williams and Michael Kaider represented the seller.
Avison Young Arranges 190 KSF Chicago Industrial Sale
The transaction involved four buildings located in the Chicago O’Hare submarket, which used to be part of investment firm Clear Height Properties’ portfolio.
Top 10 Chicago Office Buyers
Since January, the city has seen several notable transactions despite a rather slow start into the year. Two deals closed at prices surpassing $300 million.
IKEA Names Contractors for Upcoming San Antonio Store
The new store will feature almost 300,000 square feet of space and is expected to open during the summer of 2019.
Thor Equities Snags NYC Boutique Hotel
The 114-key James New York-SoHo features three food and beverage spaces, as well as meeting and event areas totaling 1,500 square feet.
Pendulum Acquires $46M OC Mixed-Use
In a partnership with Long Wharf Capital, Pendulum purchased Stadium Crossing, a 165,000-square-foot property that features office, retail and a vacant pad site.
11 KSF Office Sells in Northern NJ
The building, located near train service and highways, will be partially occupied by the new owner. The remaining space is being marketed to both office and retail tenants.