David Hacker

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    GIC, the sovereign wealth fund of the Government of Singapore, will acquire a 25 percent stake in the Dutch hospitality brand in a transaction valuing the company at $2.2 billion.

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  • Bridge Development Buys Industrial Facility for $68M

    Lee & Associates facilitated the sale of a 261,528-square-foot industrial asset located in Los Angeles, near the city’s downtown. The firm represented both the seller and the buyer in the deal.

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  • IKEA to Open First US City Center Store

    The new location, which will feature the nation’s first IKEA Planning Studio concept, is scheduled to open in Midtown Manhattan in the spring of 2019.

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  • Commerz Real Pays $194M for Chicago Office Building

    The investment management affiliate of a Germany-based financial institution has acquired The National, an historic 520,000-square-foot asset.

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  • Navigating the New Opportunity Zones

    Initial reviews of the federal Opportunity Zones Program suggest that it presents attractive incentives to infuse capital into underinvested areas. Do those opportunities outweigh the new initiative’s challenges?

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