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Recently, we've seen some investors shift their focus to include property types and uses that historically would not have been considered core net lease investments.
The demolition includes a technique that requires hardening the existing 29-year-old building's elevator shafts to create debris chutes to allow for easy removal of the structure.
The proposed 22-acre project has been stalled with the city planning board for more than a year in part over concerns about affordable housing and gentrification.
The Chicago office is the latest in a series of expansion announcements in major cities for Qualtrics, which recently announced Qualtrics Tower in Downtown Seattle and a large expansion in Dublin, Ireland.
Commercial brokerage firm CBRE reports that the firm, which specializes in commerce fulfillment, omni-channel distribution and reverse logistics, has committed to an industrial lease of 249,853 square feet at the property.
Indian Stream plans to open an Indian grocery store at the property that is located in the heart of Morris County's rapidly growing Asian community. The building is near Interstates 80 and 287 along one of Morris County's most heavily traveled retail corridors.
The 69,600-square-foot retail and office mixed-use project at 300 Grant is set to breathe new life into the corner of Grant Avenue and Sutter Street, housing three stories of office space above three stories of retail.