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Cole Acquires 234 KSF HQ for Hillshire Brands Co. for $98M

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. …

RECon Special Report: Thousands Chase Deals in Las Vegas

Surging demand, new retail concepts and stirrings of new development were the talk of the Las Vegas Convention Center on Monday during the first day of RECon, the International Council of Shopping Centers’ annual spring convention.…

Alliant Capital Purchase, New Co-CEO Give Ares a Trifecta

In its second and third major moves in less than a week, Ares Commercial Real Estate REIT has agreed to acquire EF&A Funding Alliant Capital for $63 million in cash and stock, and has also named a new co-CEO, Todd Schuster.…

Colliers Wins Assignment to Market GSA Portfolio

Colliers Wins Assignment to Market GSA Portfolio

A $118 million, 16-property office portfolio fully leased to federal agencies through the Government Services Administration is on the market and attracting interest from both U.S. and international buyers.…

Wooden Skyscrapers: A New Level of Sustainability?

Wooden Skyscrapers: A New Level of Sustainability?

Michael Charters' wooden skyscraper, which won honorable mention in eVolo's 2013 Skyscraper Competition, takes sustainable development to a new level.…

Global Law Firm Renews Lease at Former Sears Tower

Global Law Firm Renews Lease at Former Sears Tower

Dentons, the world’s seventh-largest law firm, has extended its lease in Chicago Willis Tower for 15 years. The global law firm is relocating within the building and taking as much as 144,000 square feet. …

Prologis Inks Deal with Subaru for 715 KSF near Indy

Prologis Inks Deal with Subaru for 715 KSF near Indy

Prologis Inc. has signed a build-to-suit agreement with Subaru of America for a 715,000-square-foot distribution center in the Indianapolis area.…

Equus Sells 330-Unit Downtown Chicago Student Housing

Equus Sells 330-Unit Downtown Chicago Student Housing

Equus Capital Partners, a private equity real estate fund manager, has sold a 330-unit student housing facility in Chicago for $58.5 million to a JV of Atlas Real Estate Partners, Marc Real Residential and Angelo, Gordon and Co. …

Alliance Picks Up Chicago’s Burnham Center for $95M

Alliance Picks Up Chicago’s Burnham Center for $95M

Alliance Partners has acquired downtown Chicago's 580,000-square-foot Burnham Center office building from Harbor Group International for $94.6 million. …

Omni Obtains $250M in Financing for Three Hotels

Omni Obtains $250M in Financing for Three Hotels

Omni Hotels Corp. has gotten its hands on a total of $250 million in financing for a group of three properties encompassing the Omni Fort Worth, Omni Houston and Omni Chicago.…

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