Regions
New England Logistics Center Sells for $32M
CBRE Vice President Chris Healey negotiated the deal on behalf of the buyer, a joint venture of The Kane Co. and DRA Advisors.
JLL Hires 3 in Southern California
James Malone and Michael Freiberg will be based in Los Angeles and Xavier Nolasco in Orange County.
First Hyatt Place in Ontario Opens
The 123-key hotel in the Toronto suburb of Mississauga is the latest step in Hyatt’s brand expansion in Canada.
KBS Inks 26 KSF Minneapolis Office Lease
The tenant, a customer experience consulting firm, has operated its headquarters within the campus since 2010.
CBRE Grows Midtown Manhattan Footprint
The global firm is taking an additional 44,612 square feet at the MetLife Building for a total of more than 215,000 square feet.
SHVO JV Completes $376M Purchase of Chicago’s Big Red
The sellers, The John Buck Co. and Morgan Stanley, paid $108 million for the iconic, 1.2 million-square-foot office tower in 2016.
Top 5 Cities for RevPAR Drop in Home-Sharing
Airbnb and Vrbo renters have been heavily impacted by the COVID-19 crisis. Here’s a breakdown of the cities with the highest decline in revenue, based on AirDNA data.
High Street Logistics Pays $23M for New Jersey Warehouse
The 432,000-square-foot industrial building is located in Vineland, halfway between Philadelphia and Atlantic City.
Philly Office Project Lands $187M Construction Loan
The Class A tower will rise in the Center City neighborhood and encompass 305,000 square feet.
Equinix Acquires GPX India for $161M
The data center provider expects the all-cash transaction to be completed by the first quarter of next year.