DETROIT-Lightstone Group, based in Lakewood, NJ, is said to be under contract to purchase a 19-property multifamily portfolio from Rochester, NY-based Home Properties. The deal, valued at $200 million, is expected to close by the second quarter.
ROSEMONT, IL-With the star-fated Emerald Casino off the drawing boards, city officials have come up with an alternative plan to attracting tourism. To be known as Rosemont Walk, the mixed-use development will include hotels, restaurants, entertainment and offices.
ROSEMONT, IL-With the star-fated Emerald Casino off the drawing boards, city officials have come up with an alternative plan to attracting tourism. To be known as Rosemont Walk, the mixed-use development will include hotels, restaurants, entertainment and offices.
BOLINGBROOK, IL-Contract foodservice and hospitality firm Compass Group USA Inc. signs a 10-year, 98,414-sf lease at Bolingbrook Point Three. Compass' lease represents 53% of the building.
MIDDLETON, WI-T. Wall Properties is increasing its portfolio by 70% with the purchase of an eight-building office park. The portfolio, which totals 912,700 sf, is currently 94% occupied.
MIDDLETON, WI-T. Wall Properties is increasing its portfolio by 70% with the purchase of an eight-building office park. The portfolio, which totals 912,700 sf, is currently 94% occupied.
INDIANAPOLIS-After making a pact to invest $746 million in the Indianapolis industrial market, Duke Realty Corp. and Browning are planning their first spec facility. To be located at Duke's 1,700-acre mixed-use development in Boone County, the warehouse will measure 630,000 sf.
CLEVELAND-Self-storage REIT U-Store-It posts a $1.6-million loss during its first quarter, down from a net gain of $1.6 million a year ago. Company execs say their goal now is to increase shareholder value at every opportunity.