CHICAGO-DiamondRock Hospitality Co.'s $295-million purchase of the Chicago Marriott Downtown marks another significant transaction in the Windy City's hospitality arena. According to one source, the timing of hotel asset trades couldn't be better.
BOLINGBROOK, IL-Representing the expansion of the company's operations, S&S Activewear inks a 114,049-sf lease in the Remington Lakes Business Park. With the expansion, the building is now 100% occupied.
NORTHBROOK, IL-In an SEC document filed today, Grubb & Ellis Realty Advisors execs amend their original IPO from 25 million shares to 20.8 million shares. As a blank-check operation, Advisors goes public with the express purpose of buying shares in another unspecified business.
NORTHBROOK, IL-In an SEC document filed today, Grubb & Ellis Realty Advisors execs amend their original IPO from 25 million shares to 20.8 million shares. As a blank-check operation, Advisors goes public with the express purpose of buying shares in another unspecified business.
CINCINNATI-The Australia-based retail investor is acquiring 15 Federated department stores at 11 US Westfield shopping centers. Under two separate transactions, the acquisition will be finalized by Q2 2006.
CHICAGO-Joel Carlins' Magellan Development Group and James Loewenberg's NNP Residential & Development are forming a new corporate partnership under the Magellan banner. The pair is best known for collaborating on the $4-billion Lakeshore East development.