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Cole Acquires 234 KSF HQ for Hillshire Brands Co. for $98M
Cole Real Estate Investments has acquired The Hillshire Brands Co.’s headquarters in the West Loop of Chicago’s CBD on behalf of Cole Corporate Income Trust Inc. for $98 million. …
Daisho Launches $300M Office Project in Brisbane’s CBD
Japanese developer Daisho Group has recently broken ground on a $300 million office tower in Brisbane, the capital and most populous city in the Australian state of Queensland.…
IIT Buys 808 KSF Industrial Building in Mesa, Ariz.; Pays Cash
Industrial Income Trust, of Denver, a non-traded REIT, has purchased the 11-building, 808,400-square-foot Broadway 101 Commerce Park in Mesa, Ariz., for $77 million in a cash deal.…
JLL Taps Duke’s Christie Kelly as New CFO
Jones Lang LaSalle has a new CFO come July 1. The commercial real estate services firm tapped Christie Kelly to provide leadership to drive growth, supervise financial and business planning, and direct investor and banking relations.…
ASA Leases 160 KSF at JEMB’s Herald Center in NYC
JEMB Realty has signed existing tenant ASA College to a lease extension and expansion that will see the higher-education institution more than double its space at JEMB’s Herald Center, a 10-story, 250,000-square-foot retail and office property at the southwest corner of 34th Street and Broadway.…
GID Development Group Constructing Seattle Apartment Tower
GID announced plans to build a 41-story, LEED Silver certified multi-family high-rise in the heart of downtown Seattle near Amazon.com's world headquarters. …
Trammel Crow, Principal Sign ConocoPhillips to 850 KSF Lease in Houston’s Energy Corridor
The energy company will be the sole occupant of a 550,000-square-foot office tower scheduled for completion in 2015 and will move into an additional 300,000 square feet at a companion building the following year.…
Hines Sells 2 Manhattan Trophy Towers for $1B-Plus
American Realty Advisors won the competition for 499 Park Ave., and J.P. Morgan Asset Management has acquired 425 Lexington Ave.…
Duke Continues Retail Disposition Strategy, Selling Lifestyle Center for $188M
Duke Realty Corp. has sold a 391,120-square-foot lifestyle retail center in South Florida to an undisclosed buyer as it continues to reposition to mainly industrial holdings. …
The Meridian Group Acquires SAIC Corporate Headquarters in Northern Virginia
The Meridian Group acquired Science Applications International Corp.’s landmark 18-acre corporate headquarters campus at Tysons Corner. …
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