Regions

Self Storage’s Smart Future

Jana Haecherl of storEDGE details how technology is transforming the sector and offers a market outlook.

Revathi Greenwood, head of Americas Research, Cushman & Wakefield

Blockchain’s Implications for CRE

The technology underlying bitcoin and other cryptocurrencies has far-reaching potential to disrupt and transform multiple CRE functions, according to a new Cushman & Wakefield report.

The National

Commerz Real Pays $194M for Chicago Office Building

The investment management affiliate of a Germany-based financial institution has acquired The National, an historic 520,000-square-foot asset.

CODA Management Eyes Self Storage Makeover for Vintage Ohio Property

The company plans to remodel an 88,000-square-foot building in downtown Toledo into a Class A facility. The redevelopment is slated for completion next year.

H&M, Causeway Bay

World’s Most Expensive High Streets

Tracking more than 400 top retail streets, Cushman & Wakefield’s 30th edition of its Main Streets Across The World report ranks them by their prime rental value.

Mission Capital Arranges $13M Loan for Chicago Retail Asset

The owner, an affiliate of the Sterling Organization, will use the financing to recapitalize the vacant property, which is part of the Magnificent Mile.

1111 Pennsylvania Ave.

DC Office High-Rise Changes Hands for $338M

Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.

Matthias Cordier

Peakside, Madison Sell Frankfurt Office Asset

The joint venture acquired the 516,600-square-foot Frankfurt Airport Center last year and invested in an extensive refurbishment program. Tenants include Lufthansa, Fraport and Airport Club.

Does Competition Ease Transmission Bottlenecks?

Opening up the selection process for upgrades could cut both electric bills and project costs, concludes The Brattle Group’s new study.

Missner Group Starts Chicago Office Redevelopment

The seven-story building in the West Loop, which used to be the home of clothes manufacturer Oxxford, will be turned into a modern, nine-story office property.