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CHICAGO-The Metropolitan Pier and Exposition Authority (McPier) has filed an eminent domain action to gain control of a property owned by Lakeside Bank that will be art of a planned project that will include an arena for DePaul University and a hotel.
WASHINGTON, DC-Boston Properties has reached an agreement to sell an office building on New York Avenue that is leased to the Department of Justice for $135 million.
CHATTANOOGA, TN-In a speech on Tuesday at an Amazon warehouse here, President Barack Obama called for a restructuring of the corporate tax system, favored by Republicans, in exchange for the revenues created by those changes being earmarked for job creation projects.
ARLINGTON, VA-Paradigm Development Co. plans to move forward with a plan to build an apartment tower on a portion of the American Trucking Association's former headquarters property here.
PHILADELPHIA-A real estate affiliate of locally-based RAIT Financial Trust filed a shelf registration to make a public offering of 4 million shares of common stock on the New York Stock Exchange.
NEW YORK CITY-Centerline Capital Group reports it has refinanced two Harlem multifamily properties in transactions involving total funding of nearly $92 million.
NEW YORK CITY-A nine-story apartment building on 11th Street in Greenwich Village has sold for a little under $18.5 million in an off-market transaction.
NEW YORK CITY-A four-story building at 314 Grand St. in Brooklyn is on the market for sale with the ownership expecting a sale price of approximately $30 million.