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The property is a 70-story residential tower in Chicago's Streeterville neighborhood—and the city's first high-rise designed by Robert A.M. Stern Architects.

“Tenants with dual locations in the suburbs and downtown has been a major trend,” says Savills' Robert Sevim.

“We continue to see a flood of investors exploring alternative industrial niches such as truck terminals, cold storage and flexier property types,” says HFF's Marc Duval.

Steiner NYC secured the loan for its 610-foot residential tower, the largest one in Brooklyn.

Albert Picallo and Masato Inagaki, who co-founded Focal Point Capital Advisors in 2011, will join the new CBRE Loan Services entity as managing director and head of underwriting and director, underwriting respectively.

The United States Tennis Association Texas intends to bring its headquarters and facilities to the Indigo Ridge development with 40 outdoor tennis courts, six to eight indoor tennis courts and a stadium court.

“We have discussions for at least one other office this year and have the potential to open two to three offices per year.”

The communal living company acquired the Paper Factory Hotel in Long Island City, Queens for conversion into its third co-living property in New York City.