Office
JLL Completes 96,350-SF Deal for Perry Ellis in 1120 Avenue of the Americas
Perry Ellis will lease a Class A space in New York City’s famous 1120 Avenue of the Americas building to give the designer label more open space for its menswear collection.
Muhlstein Tapped to Head up Entertainment at JLL
Industry veteran Carl Muhlstein was hired by JLL to spearhead services for clients in the entertainment and creative sectors of Los Angeles.
JV Buys Office Building in Chicago’s West Loop
A joint venture has purchased 230 W. Monroe, a building in Chicago’s popular West Loop area. The building is the second of two similar Class B buildings to have been sold by the General Electric Pension Trust affiliate.
American Assets Set to Snap Up City Center Bellevue in Deal Worth $229M
By Alex Girda, Associate Editor City Center Bellevue is the object of the latest large office property purchase in the greater Seattle area, after American Assets Trust Inc. made a grab for the high-rise building. The full-service, vertically integrated and self-administered real estate investment trust is reportedly set to acquire the downtown property for a […]
Construction Projects to Create 170 New Jobs
By Adrian Maties, Associate Editor At the beginning of the year, Rough Brothers Inc., a greenhouse design and manufacturing firm, started looking for new space to relocate its headquarters from Vine Street, in St. Bernard, and expand its operations. The search is now over. The company recently agreed to purchase 20.5 acres of vacant land […]
Parmenter Closes Office Fund with $1B in Buying Power
Parmenter Realty Partners has closed its fourth investment fund with more than $300 million capitalization, which will allow the company a $1 billion office property spree.
Kilroy Acquires Yet Another Value-Add Office Property
By Alex Girda, Associate Editor Kilroy Realty Corporation recently expanded its Los Angeles office portfolio with the acquisition of a 22-story office building centrally located in Hollywood. The property stands at 6255 Sunset Boulevard, just off the well-known corner of … Continue reading →
Lubert-Adler/Farbman JV Buys Office Building in Chicago’s West Loop for $75M
Lubert-Adler and The Farbman Group collaborated in the purchase of West Monroe, a Class B office property that is currently 80 percent occupied.
Houston's Iconic Williams Tower Goes Up for Grabs
Hines REIT tapped Jones Lang LaSalle to help it sell its famous Williams Tower in Houston. The city landmark boasts 1.4 million square feet of office property and has been owned by the REIT for the past four years.
Alchemy Buys Condo Stake in Manhattan's Woolworth Building
Alchemy Properties Inc. purchased part of the Woolworth Building for $68 million. It intends to convert the vacant space into residential condominiums.