Chicago

EnTrust says it locked-in a long-term lease at a 27% reduction in rent on a per square foot basis and negotiated a gross free rent abatement period.

"Most of the value-add product still has a demonstrable gap to the newer product, allowing for these opportunities to invest in improvements,” says CBRE's Ted Abramson.

Pebblebrook says the sale price includes the 140-room hotel and the 57,000 square foot fitness center which is fully leased to a third-party tenant until June 2019.

Cory Villaume, pictured, with Sean Doyle, Matt Hazleton, and AJ Prins, were named first vice presidents at CBRE's Capital Markets Group in Minneapolis, MN.

The acquisition and rehabilitation of the Avondale Properties and Alms Hill Apartments will ensure the availability of long-term affordable housing options for the larger Avondale Community

Concierge is the third largest market rate apartment community within the Minneapolis-St. Paul market.

The 12-story 950 Nicollet Mall office block was constructed in 2001 and has been held by Union Investment in its open-ended real estate fund Unilmmo Europa since it was acquired in 2014.

“This is a mission critical location for World Wide Technology, which already has a significant footprint in the St. Louis market,” says Avison Young's Erik Foster.