Regions
Large Buildout Complete on 375 KSF Chicago Warehouse
Local company Principle Construction has finished substantial improvements for the tenant, which signed one of the largest recent industrial leases in the Chicago area.
Empire State Inks Full-Floor Lease at Manhattan Office Asset
The Nespresso brand will occupy 41,800 square feet at 111 W. 33rd St., which had its lobby, elevators and entryways recently renovated.
Hertz Investment Snags Baltimore’s Wells Fargo Tower
Natixis provided a $29.3 million loan to the company, which used the financing to purchase the asset and fund tenant improvements and leasing commissions associated with the lease-up of the building.
Economy Watch: Employment Growth Slows to 103K Net New Jobs in March
Employment gains in January and February were also revised, totaling 50,000 less jobs than previously reported, according to the Bureau of Labor Statistics.
MD Hotel Commands $42M
Hersha Hospitality Trust acquired the 150-room Annapolis Waterfront Hotel, which features 15,000 square feet of function space and an 8,500-square-foot patio.
Amazon to Open 800 KSF Las Vegas Facility
The fulfillment center, which will be the e-commerce giant’s fourth facility in Nevada, will generate more than 1,000 full-time jobs.
Distribution Realty, EverWest Plan Chicago-Area Spec Warehouse
The industrial property will contain nearly 200,000 square feet in Chicago’s O’Hare submarket. JLL’s Sam Durkin and Dominic Carbonari will market the asset.
DC-Area Hyatt Hotel Lands $47M Financing
Mission Capital Advisors secured bridge financing for the 168-key Hyatt Place Arlington. Completed in 2016, the property is a 12-minute drive from downtown Washington, D.C.
STIHL Expands Virginia Beach Corporate HQ
The new 80,000-square-foot addition to STIHL’s corporate headquarters and manufacturing campus will include office space, a museum and a customer welcome center.
Monday Properties Nabs Two NoVa Office Buildings
The acquisition includes Dulles Metro Center in Herndon and Cameron Run Office Park in Alexandria, totaling more than 370,200 square feet.