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GREENVILLE, SC—A joint venture of MetLife of New York City and Chicago-based M & J Wilkow has purchased the former Greenville Mall here for an undisclosed sum.
NEW YORK CITY—Mayor Bill de Blasio is not expected to pass the legislation, which the real estate industry says is too onerous on wealthy property owners in the city.
LOS ANGELES—The extension of the Gold Line from Pasadena to Azusa enters the first testing phase, which marks the 10-month countdown until the project is open to the public.
ST. LOUIS—All of the buildings have a lot to offer the net lease investor, since each is currently occupied under, or have commitments for, 10- to 15-year lease agreements.
CHICAGO—GlobeSt.com speaks to Nooshin Felsenthal, a JLL official who helped handle the recent sale of 353 N. Clark, which generated the second-highest price per-square-foot ever for Chicago.
ATLANTIC CITY, NJ—Attorneys for the Revel Casino Hotel will seek court approval on Friday in Camden, NJ to terminate its sale agreement with Brookfield US Holdings LLC so that it can pursue a deal with the second low bidder for the troubled gaming property.
ISELIN, NJ—Businesses in the Garden State performed better in 2014 than in 2013 and are more optimistic about the next 12 months, with significant growth expected in 2015, according to year-over-year survey data released earlier this week by The Provident Bank
WASHINGTON, DC—Mayor Vincent Gray and other dignitaries were on hand Wednesday, along with U.S. Army officials for the ceremonial signing of the deed transferring Building 18 at the former Walter Reed Army Medical Center to the District for adaptive reuse as a new fire station.