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CHICAGO-A fund operated by Chicago-based Waterton Associates LLC has acquired Seneca, an apartment hotel consisting of 264 units at 200 E. Chestnut St. in Streeterville, for $35.6 million.
NEW YORK CITY-SL Green Realty Corp., a real estate investment trust, has hired Adam Spies and Douglas Harmon of Eastdil Secured to sell a stake at 521 Fifth Ave.
LONDON-Boston Properties Inc. is in negotiations to purchase Drapers Gardens, a 292,500-square-foot trophy office building in the financial district of London, for GBP 285 million.
CLEVELAND-The Cleveland Plain Dealer reported that a nonprofit organization is planning to invest $100 million to redevelop a 2.2-acre parking lot in Cleveland's University District into apartments, an office building and a parking garage.
NEWCASTLE, UK-Highbridge Business Park Ltd. has selected Bowmer & Kirkland, a construction group, to build the final two speculative data center buildings at Cobalt Data Centre Campus.
LOS ANGELES-CIM Group, a developer, has completed construction of Midtown Crossing, a retail center spanning 330,000 square feet in Mid-City Los Angeles.