University Park
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Forest City to Buy Out HCN in Cambridge Portfolio
Five years after Forest City Enterprises and Health Care REIT entered into a JV for seven life sciences buildings in Cambridge, Mass., the REIT has agreed to sell its minority stake to Forest City.
Northeast 06 May 2015 14:42 -
W.P. Carey Inc. Acquires $48 Million Distribution Facility
W.P. Carey Inc. recently announced it has acquired an 824,624-square-foot distribution facility just outside of Chicago. The property was purchased from Exeter Property Group for a total acquisition price of approximately $48 million.
Chicago 12 June 2014 15:35 -
CBRE Realty Trust Picks Up 1.4 MSF Warehouse Outside Chicago
CB Richard Ellis Realty Trust has made a significant addition to its Chicago portfolio with the purchase of a 1.4 million-square-foot bulk warehouse and distribution center. The property is fully leased through August 2021.
Midwest 12 April 2012 13:03
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United Airlines Renews Lease at Chicago’s Willis Tower
The new agreement extends the carrier’s existing lease until 2033. United will invest millions to upgrade its 850,000-square-foot headquarters at the famed property.
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Hines Buys 430 KSF Campus in San Francisco Bay Area
Oakmead West, a complex of office/R&D buildings in Sunnyvale, last changed hands in 2013, when Deutsche Asset & Wealth Management acquired it for $119 million.
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Sabal Capital Names New President, COO of Lending
A veteran real estate finance executive, Jason Pendergrist joins the firm from Banc of California, where he served as executive vice president & head of real estate and commercial banking.
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