News
GATX Moves to Chicago’s Willis Tower
NKF’s Vice Chairman Melissa Copley negotiated the 90,000-square-foot lease at Chicago’s iconic tower. The tenant will relocate its global headquarters from 222 W. Adams St.
Sheraton DFW Airport Hotel Fetches $46M
The Buccini/Pollin Group purchased the 302-key property in Irving, Texas, and selected PM Hotel Group to manage it. The hotel recently underwent a $7 million renovation.
Kroger-Anchored Shopping Center Trades in Dallas
A partnership of Foundry Commercial and Stockbridge acquired Northview Plaza in Dallas from MDT Properties. The new owners plan to upgrade the 116,000-square-foot community shopping center.
Atlanta-Area Industrial Asset Reaches Full Occupancy
The warehouse is part of the two-building Chastain Distribution Center acquired by Liberty Property Trust in a large industrial portfolio in 2013.
InfiniPower Lands $54M for Upcoming Silicon Valley Marriott
CBRE secured construction financing for the development of a 147-key Marriott Residence Inn and a 114-key Fairfield Inn & Suites in North San Jose. InfiniPower Hospitality plans to develop the property on a vacant 6.7-acre site purchased in 2006.
Blink Fitness Takes Over Brooklyn Landmark
The Lyceum originally served as NYC Public Bath No. 7 and underwent preservation of its exposed brick, large arched windows and industrial steel trusses that support the 22-foot high ceilings.
Hines, Ivanhoé Sign 85 KSF at CIBC Square
The Boston Consulting Group inked 85,000 square feet of office space for its headquarters. The Toronto development comprises two office buildings on a 2.9 million-square-foot campus.
MAA Tapped to Design $1.3B Dallas Project
The 400-acre Grandscape is one of the largest mixed-use ventures currently underway in the United States. Merriman Anderson/Architects will take on construction responsibility, as well as the arrangement of related design and bidding phase services.
Sunstone Buys Florida Oceanfront Hotel in $175M Deal
The Oceans Edge Hotel & Marina is the largest luxury resort and marina in Key West. Its waterfront rooms are spread across four buildings, with 86 suites having private balconies that offer views of the Atlantic Ocean.
Marriott Unveils New $600M HQ, Flagship Hotel
After a two-year search, the hotel chain has finally found a new home with the help of JLL. The campus—developed by Bernstein and Boston Properties—will be located in downtown Bethesda, Md.