Office

The transaction price represents almost $800 million in additional value created.

"As the first state in the nation to fully legalize adult-use cannabis through the legislative process, Illinois exemplifies the best of democracy: a bipartisan and deep commitment to better the lives of all of our people," said Gov. Pritzker.

Skanska unveiled additional design details for the three-level pedestrian-focused Urban Village at 2+U, its 38-story class-A office tower currently under construction in downtown.

Breather has focused its offerings to address the trend toward longer-term hybrid real estate solutions that provide the flexibility of co-working with the privacy of traditional leases, adding 11 spaces in San Francisco and LA.

Newmark Knight Frank was appointed the exclusive listing agent for the 64,000-square-foot creative office development to be built at 1141 Shady Lane, located in the East Austin opportunity zone.

Marathon Asset Management provided the floating-rate loan for the new boutique office building in Midtown South.

Paramount has entered into an agreement to acquire 55 Second St., a 387,000-square-foot trophy office building located in San Francisco's South Financial District, for approximately $408 million or $1,054 PSF.

The report also noted that 15,700 potential jobs and $1.08 billion potential earnings were lost due to lost productivity, which Econsult noted amounted to four Comcast Towers worth of unrealized workers.