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Judge Tosses Legal Challenge to Obama Center Project
News 2 weeks ago
Judge Tosses Legal Challenge to Obama Center Project

A federal judge has dismissed a case brought by an advocacy group against plans to build the Obama Presidential Center (OPC) in the South Side’s...

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4 NJ Assets Find Buyers After Sitting Fallow on Market
News 2 weeks ago
4 NJ Assets Find Buyers After Sitting Fallow on Market

A CBRE investment sales team recently closed a quartet of deals across New Jersey totaling $6.2 million. The properties include 47 Raritan Ave. in...

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Kiser Group’s Sklar Elevated to Senior Director
News 2 weeks ago
Kiser Group’s Sklar Elevated to Senior Director

Aaron Sklar has been promoted from director to senior director at the Kiser Group. Sklar began his career in brokerage four years ago, and has...

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Elion Unveils Plan for Midwest’s Largest Rail-Served Logistics Park
News 2 weeks ago
Elion Unveils Plan for Midwest’s Largest Rail-Served Logistics Park

Elion Partners is rebranding the former RidgePort Logistics Center in Wilmington, IL to Elion Logistics Park 55 (ELP). The investment firm is...

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Wisconsin Firms Team on Madison Office Deal
News 2 weeks ago
Wisconsin Firms Team on Madison Office Deal

Wisconsin-based companies Compass Properties and Vario Equity recently acquired two Class A office buildings located in Madison, WI’s American...

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Joe’s Crab Shack-Occupied Ground Lease Sale Completed Near Disneyland
News 2 weeks ago
Joe’s Crab Shack-Occupied Ground Lease Sale Completed Near Disneyland

SRS Real Estate Partners’ National Net Lease Group completed the $3.375-million ground lease sale of a single-tenant property fully occupied by Joe...

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Seniors Health Provider Lands at Meridian’s Pasadena Facility
News 2 weeks ago
Seniors Health Provider Lands at Meridian’s Pasadena Facility

Meridian inked a lease with WelbeHealth at the recently-renovated Cotton Medical Center, a 115,000-square-foot medical office complex located in...

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Douglas Emmett Expands Westside Footprint with $365M MXU
News 2 weeks ago
Douglas Emmett Expands Westside Footprint with $365M MXU

Douglas Emmett, Inc. acquired The Glendon, a residential community in Los Angeles’ Westwood with 350 apartments and roughly 50,000 square feet of...

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Newmark Secures $65M in Financing for Downtown Woodinville Center
News 2 weeks ago
Newmark Secures $65M in Financing for Downtown Woodinville Center

San Francisco-based Newmark Realty Capital, Inc (NRC) arranged $65 million in permanent financing for the Downtown Woodinville Shopping Center in...

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Selig Seattle Office Portfolio Refi’d for $135M
News 2 weeks ago
Selig Seattle Office Portfolio Refi’d for $135M

Martin Selig Real Estate refinanced a nearly 403,000-square-foot office portfolio in Seattle for $135 million. The Selig Office Portfolio features...

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RealCrowd Survey Reveals High-Net-Worth Investors Covet Value-Add Assets
News 2 weeks ago
RealCrowd Survey Reveals High-Net-Worth Investors Covet Value-Add Assets

A survey by Portland-based RealCrowd reveals 80% of respondents are planning to invest in value-add real estate as part of their wealth management...

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CushWake Tapped to Lease New Retail in Chelsea
News 2 weeks ago
CushWake Tapped to Lease New Retail in Chelsea

Cushman & Wakefield has been retained as leasing agent on the ground and lower level floors of 115 Seventh Ave., a 6,761-square-foot retail space...

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Nominate a Rising Star for Our 2019 Next Generation Awards
News 2 weeks ago
Nominate a Rising Star for Our 2019 Next Generation Awards

Connect Media’s second annual Next Generation Awards in 2018 shone the spotlight on some of commercial real estate’s most talented young pros. We...

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New-Build Rentals Trade in Park Ridge 1031 Deal
News 2 weeks ago
New-Build Rentals Trade in Park Ridge 1031 Deal

An Essex Realty Group team has arranged the sale of The Parker, a 46-unit, new construction rental property in Park Ridge, IL. Developed by a joint...

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Milwaukee’s Zilber Lands Full-Building Tenant for 525K-SF Spec Warehouse
News 2 weeks ago
Milwaukee’s Zilber Lands Full-Building Tenant for 525K-SF Spec Warehouse

California-based Silgan Containers signed a long-term lease for a 525,000-square-foot speculative industrial property at Zilber Property Group’s...

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Commodities Trader Expands to Full Floor at 437 Madison
News 2 weeks ago
Commodities Trader Expands to Full Floor at 437 Madison

Commodities trader/private equity firm ACT Commodities Inc. is expanding to take a full floor at the William Kaufman Organization’s 437 Madison Ave...

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Rezoning of Staten Island's Bay Street Corridor Clears Key Hurdle
News 2 weeks ago
Rezoning of Staten Island's Bay Street Corridor Clears Key Hurdle

A rezoning of Staten Island’s Bay Street neighborhood cleared a key hurdle recently when the City Council’s Subcommittee on Rezoning and Franchises...

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Shareholders Make $1.3B Bid for Saks Fifth Owner HBC
News 2 weeks ago
Shareholders Make $1.3B Bid for Saks Fifth Owner HBC

A group of Hudson’s Bay Company (HBC) shareholders, including WeWork Property Advisors and HBC executive chairman Richard Baker, have offered to...

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CAC Breaks Ground on Luxury Resi in New Rochelle
News 2 weeks ago
CAC Breaks Ground on Luxury Resi in New Rochelle

CAC Realty Group recently joined with New Rochelle, NY city officials to break ground on The Huguenot, a 60-unit luxury mixed-use development....

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Related Cos. Secures Two Office Leases in West Palm Beach
News 2 weeks ago
Related Cos. Secures Two Office Leases in West Palm Beach

Related Cos. signed investment firm Comvest Partners and artificial intelligence firm Levatas to office leases in Downtown West Palm Beach. Comvest...

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Bronzeville Public Housing Goes Solar in Public/Private Deal
News 2 weeks ago
Bronzeville Public Housing Goes Solar in Public/Private Deal

In a first of its kind public/private project for Chicago, the Dearborn Homes public housing development in Bronzeville now sports a solar...

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Gateway Unveils Renderings of $1.5B Cross Bayou Point Project in Shreveport
News 2 weeks ago
Gateway Unveils Renderings of $1.5B Cross Bayou Point Project in Shreveport

Gateway Development Consortium (GDC) unveiled renderings for Cross Bayou Point, a $1.5-billion downtown waterfront development in Shreveport....

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Tech-Focused Industrial Trades in Indianapolis
News 2 weeks ago
Tech-Focused Industrial Trades in Indianapolis

Stan Johnson Company (SJC) recently completed the sale of a single-tenant industrial facility in Indianapolis, leased to EnerDel. The 95,940-square...

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Greystone Launches Sales on Condo Conversion of UWS Hotel
News 2 weeks ago
Greystone Launches Sales on Condo Conversion of UWS Hotel

Greystone Development has hired Alexa Lambert at Stribling Marketing Associates to lead sales at its condominium conversion of The Marbury at 164 W...

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100% Occupied Austin Shopping Center Changes Hands
News 2 weeks ago
100% Occupied Austin Shopping Center Changes Hands

Roosevelt Plaza, a 27,150-square foot retail property located in the West Side’s Austin neighborhood, has sold to a Chicago-based private investor...

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Investcorp Makes $370M Portfolio Buy from Equus Capital
News 2 weeks ago
Investcorp Makes $370M Portfolio Buy from Equus Capital

Bahrain-based Investcorp, with U.S. headquarters in New York City, acquired a portfolio of 11 apartment properties from Equus Capital Partners for ...

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Harrison Street Brings in Asset Management Expert
News 2 weeks ago
Harrison Street Brings in Asset Management Expert

Dave Liu has joined Harrison Street as VP, asset management, after serving in a similar capacity at Ventas. Liu will oversee investments within...

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Plethora to Open $17M Manufacturing Facility in Marietta
News 2 weeks ago
Plethora to Open $17M Manufacturing Facility in Marietta

Smart manufacturing company Plethora announced plans to invest more than $17 million in a new 57,000-square-foot production facility in Marietta....

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Can Qualified Opportunity Funds Be Creative? Q&A with Altus Group’s Rick Kalvoda
News 2 weeks ago
Can Qualified Opportunity Funds Be Creative? Q&A with Altus Group’s Rick Kalvoda

The most recent Opportunity Zone guidance provided more clarification on the investment side, but Qualified Opportunity Funds, at this point,...

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NMHC & NAA to IRS: More O-Zone Changes, Please
News 2 weeks ago
NMHC & NAA to IRS: More O-Zone Changes, Please

The April 2019 guidance concerning the Opportunity Zones tax incentive provided a great deal of clarification on investment and development...

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