Regions

New York Retail Mogul Stanley Chera Dies at 78

The founder of Crown Acquisitions led his firm from humble beginnings to its present-day success as one of Manhattan’s major investors.

Prime Healthcare Rescues Los Angeles-Area Hospital

The U.S. Bankruptcy Court has approved the company’s $350 million acquisition of St. Francis Medical Center, a 384-bed hospital in Lynwood, Calif.

LaSalle Investment Closes $681M China Logistics Fund

The closing marks the company’s first logistics vehicle in China.

Bluepoint Group Inks 38 KSF Lease Near Baltimore

Versant Health will occupy more than half of the 73,572-square-foot building in Linthicum Heights, Md.

American Landmark Properties Sells 2 Chicago Assets

American Landmark Properties Corp. has sold the Class A office assets for $24.1 million.

Big Lots Inks $725M Industrial Sale-Leaseback Deal

The discount retailer will sell four distribution centers totaling 7.5 million square feet and continue to occupy the properties under long-term agreements.

How Coronavirus Is Impacting Office Leasing

Industry veterans share insights into what’s ahead and what professionals can do in the meantime.

Virus Response Shutters 55% of U.S. Retail Space

Large-scale furloughs underscore the challenges in the industry as chains like T.J. Maxx temporarily close their doors.

Realterm Closes $109M European Logistics Fund

The Realterm Europe Logistics Fund, the firm’s first value-add fund in Europe, has acquired a 107,600-square-foot logistics facility in Brussels, Belgium.

NAI Hiffman Negotiates Lease for Renovated Chicago Property

Executive Vice President Patrick Kiefer and Senior Associate Ryan Maher represented owner RE Development Solutions.