The 33,000 square foot modern auto dealership facility occupies 7.3 acres at a highly trafficked and newly signalized intersection in the growing Exton market of Chester County in Philadelphia's Western Suburbs.

Bridge was recognized for the quality and impact of three especially noteworthy Chicagoland projects: Bridge Point 290, Bridge Point Franklin Park, and Bridge Point North Business Park Building III.

The increase in market value of MetLife's CRE investments is being driven by strong activity throughout North and South American, European, and Asian markets.

The sale will allow Somerset to transform the vacant former AT&T campus into the Chicago region's first “Metroburb,” modeled after its successful NJ version.

Plans for the site, which are still indefinite, are expected to include commercial and industrial repurposing as well as potential institutional, educational and residential components.

The St. Louis hotel developer is securing funding for Cortex innovation district and Prospect Yards, its newest investment projects.

Rayfield, who remains CEO of CertainTeed, will focus on driving transformation for Saint-Gobain and its family of brands in North America.

“New ownership has the opportunity to renovate and reposition the property in the near term for additional value creation," says Marcus & Millichap's Stephen Lieberman. "Considering the current and future outlook for office space demand in downtown Evanston, ownership should prove to be successful.”