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NEW YORK CITY—The REIT's major project—which is slated to include improvements to the neighboring Grand Central Terminal—now has a foreign pension fund and a developer as co-owners.
LOS ANGELES—CoreTrust acquires the CitiGroup Center in Downtown Los Angeles for a reported $336 million, which may already be one of the market's biggest deals of the year.
LOS ANGELES—“Many of our leading professionals and clients have been using Floored technology and are very excited about their solutions,” says Chandra Dhandapani, chief digital and technology officer at CBRE.
CHICAGO—The market is likely to see these ups and downs for several years as new office spaces open in the CBD and many tenants vacate their old offices.
LOS ANGELES—Equity plans a major renovation to the 1.3 million-square-foot office portion at the Howard Hughes Center, even after former owner Hines renovated the property in 2014.
NEW YORK CITY—The veteran real estate professional has achieved her high level in the industry with hard work, infectious passion and high hopes, as GlobeSt.com learns in this EXCLUSIVE interview.
UNION, NJ—“No other modern industrial space exists in the immediate area, so the location was highly desired by tenants and investors," says Bridge principal Jeff Milanaik. "The sales price, in excess of $176 per square foot, was well above typical prices for industrial buildings in that market.”