A San Francisco‑based real estate firm has agreed to pay $40 million for an office building in Chicago’s Fulton Market, extending a national acquisition spree while reshaping its local portfolio as it prepares to sell two larger downtown properties.
Beer-making giant Anheuser-Busch has closed on the $360 million sale of its brewery near Newark Liberty International Airport in New Jersey, a local landmark that was known for its animated neon flying-eagle sign.
MLG Capital has expanded its multifamily footprint in suburban Minneapolis with the acquisition of a recently developed, well‑leased apartment community in Coon Rapids.
Bigos Management purchased a five-story apartment building in downtown Minneapolis, for $35,035,000 or about $200,200 per unit, and immediately rebranded the property as The Ellory and announced plans to revamp both the apartments and amenity spaces.
Greystar Real Estate Partners acquired a 264-unit apartment complex in Maple Grove, Minnesota, from Dunbar Development for $53 million, or about $200,758 per unit.
The Bay Club, the posh Northern California fitness chain that pioneered resort-style gyms starting in the late 1970s, bought the entire city block that houses its flagship San Francisco campus.
Baranof Holdings acquired a newly built self-storage facility at 1470 Disc Drive in Sparks, Nevada, from a private individual for $8.4 million, or $118 per net rentable square foot.
Cousins Properties reported one of its most active periods for office space demand not just since the pandemic, but in the company's history as tenants largely throw remote work policies to the curb and compete over dwindling amounts of premium space.
An Australian investor is looking to sell the Chicago-area corporate headquarters of football helmet maker Riddell in the latest example of office property values resetting throughout the country.
Urban Edge Properties has a deal to sell for $79.5 million part of a former suburban New York mall, a property that the landlord previously said had a transaction pending with e-commerce giant Amazon.
T. Rowe Price, a global asset manager, further rearranged its real estate by selling to tech giant Amazon a roughly nine-acre parcel and office building near a larger workplace campus T. Rowe owns outside its hometown of Baltimore.
With an expected rocky start to the year, Summit Hotel Properties finished its first quarter with momentum that President and CEO Jonathan Stanner said should continue into the second quarter as well as into the summer.
Industrial Oils Unlimited has acquired a manufacturing building in Tulsa, Oklahoma, from a private investor for $6.2 million, or approximately $105 per square foot.
A massive hotel conference center west of Chicago, a real estate remnant of onetime accounting giant Arthur Andersen, is up for sale as more corporations shed resort-style campuses throughout the United States.
Hotel-focused real estate investment trust Park Hotels & Resorts continues its planned sell down of non-core assets by offloading two hotels so far this year with plans to sell off 12 more.
Fiera Real Estate says it's partnering with TCU Development Corp. on a purpose‑built rental project in the city’s Cyrville neighbourhood, as Fiera expands its multifamily development pipeline in a market showing early signs of softening.
The Pacific Northwest's two largest metropolitan areas are experiencing divergent rent growth trends: Rents are holding steady in the Emerald City, while rents in the City of Roses are declining.
