Commercial Real Estate
Illinois Legislature Adjourns Without an Agreement on Funding a New Bears Stadium
House Speaker Emmanuel “Chris” Welch stated, “We’ll continue discussions on a number of issues, including our approach to the Bears stadium question, this summer.” Continue Reading Illinois Legislature Adjourns Without an Agreement on Funding a New Bears Stadium
Sprouts Farmers Market Plans Expansion into New England with Up to 40 New Stores
“It’s quite exciting to be part of seeing all these stores getting built all over the place and going into new markets and seeing people kind of excited by the idea of something new,” said CEO Jack Sinclair Continue Reading Sprouts Farmers Market Plans Expansion into New England with Up to 40 New Stores
JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
The property totals approximately 53,000 square feet and is 100% leased to a single tenant. Continue Reading JLL Income Property Trust Acquires West Boston Medical Center for $32 Million
CMBS Delinquency Rate Dropped to 7.14% in February
Three of the five major commercial property sectors recorded delinquency rate declines. Continue Reading CMBS Delinquency Rate Dropped to 7.14% in February
Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Prior to Wyndham, Sripathi was vice president of finance and capital markets at RLJ Lodging Trust. Continue Reading Amit Sripathi Named CFO at Wyndham Hotels & Resorts
Amazon Acquires Virginia Campus of George Washington University for $427 Million
The deal will allow the university to remain on the property for up to five years as campus-based programs and university offices are relocated. Continue Reading Amazon Acquires Virginia Campus of George Washington University for $427 Million
New Chicago Soccer Stadium Sparks Complaints from Community Groups
The developers are aiming to open the stadium ahead of the team’s 2028 season. Continue Reading New Chicago Soccer Stadium Sparks Complaints from Community Groups
Harrison Sitomer Promoted to President at SL Green Realty
Sitomer began his career at SL Green as an intern and rose through the organization. Continue Reading Harrison Sitomer Promoted to President at SL Green Realty
Regional Group Acquires Ottawa Office Tower
The 500,000-square-foot property is 100% occupied. Continue Reading Regional Group Acquires Ottawa Office Tower
CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
The 47-acre Palms Crossing is currently 98% leased and is anchored by Best Buy, Hobby Lobby, Burlington Coat Factory, Barnes & Noble and Nike. Continue Reading CTO Realty Growth Acquires Texas Shopping Center for $81.6 Million
Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
The property is a five-story, 7,850-square-foot commercial building located on the Upper East Side of Manhattan. Continue Reading Manhattan Commercial Property Leased to Van Cleef & Arpels Sold for $54.5 Million
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
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