CHICAGO-Funded by Kuwait-based firms, the locally based John Buck Co. and London-based hotel are raising $250 million in seed money for new small-room hotels in North American.
CHICAGO-As the New York City-based firm, emerging from bankruptcy, spent $2.8 billion to keep Archstone out of Sam Zell’s hands, he still gained a hefty profit by being forced out.
NEWPORT BEACH, CA-The money will help the firm pursue further property acquisitions, as COO Danny Prosky says healthcare will likely not be fazed by Euro debt or election year concerns.
FRANKLIN PARK, IL-The company has paid $22.3 million to buy up a 22-acre site from the Frain Group, and will add to the trust’s holdings in downtown Chicago.
GLENDALE, WI-The shoe distribution firm is adding about 122,000 square feet through an acquisition and a development, growing for the fourth time since 1998.
DUBLIN-The Beverly Hills, CA-based firm is continuing its push for UK-based properties, and said it the local residential market is showing significant purchase opportunities.
CHICAGO-Almost half of the respondents to a Jones Lang LaSalle Hotel Investment survey say their primary investment intention over the next six months is to buy assets.
ASHWAUBENON, WI-The new 100,000-square-foot sporting goods store will go up near Lambeau Field, on property (including wetlands) the team owns and wants for destination retail.