News

Cushman & Wakefield Arranges $30M NY Office Sale

Westchester County-based firm GHP Office Realty acquired the 279,000-square-foot Class A office building.

Economy Watch: Consumers Still Mostly Optimistic About the Economy

Consumer sentiment about current economic conditions reached its highest level since 2000, according to the University of Michigan’s latest survey, which bodes well for the health of the retail sector.

Howard Hughes Gets OK to Redevelop Chicago CBD Site

The 51-story trophy office building will be located across the river from Boeing’s headquarters.

Oregon Shopping Center Changes Hands in $107M Deal

The sale of the former Gateway Mall marks the largest single-property deal in Lane County history.

Ultramodern River Point Tower Opens in Chicago

Hines’ 1.4 million-square-foot downtown property is the first office tower to open in the city in eight years.

Mack-Cali Snaps Up $368M Office Portfolio

HFF represented the seller in the 1.1 million-square-foot transaction.

Yardi Matrix: Chicago’s Catching Up

The city’s multifamily market continues to produce steady rent gains and remains a top Midwestern destination for investors.

Align and Vanke JV Buys $65M SF Offices

The two adjacent buildings at 657-667 Mission St. total 130,923 square feet.

Cap Rates

Year-over-year, the biggest cap rate growth was 19.0 basis points for industrial properties and the most significant decrease was in CBD office (-31.7 basis points).

Barings Inks 32 KSF Lease in Downtown LA

Tokio Marine HCC has signed an 11-year lease for office space at 801 Tower.