LONDON-The 2.2-acre office complex, 95% leased, had been on the block in early 2010 for $16 million more, but the sale fell apart and the property was pulled off the market.
INDIANAPOLIS-Concerns about direct investments given recent uncertainty in the markets is pushing more financial advisers to add alternatives such as REITs to portfolios.
CHICAGO-The company, in partnership with AFL-CIO Building Investment Trust, will break ground Wednesday on a 500-unit, 45-story apartment tower near Navy Pier.
MONTERREY, MEXICO-The two companies have signed about 105,000 square feet in regional headquarters moves as the nation’s wealthiest city reels from recent violence and slow demand.
NORTHBROOK, IL-Drug store companies Walgreens and CVS have decreased new development by 10%, driving rising valuations for the two large chains, according to a Boulder report.
ANGUILLA, BRITISH VIRGIN ISLANDS-Developers needed more financing to finish the 277-acre Temenos resort. A Staubach company had a deal, but decided to back out.
INDIANAPOLIS-The insurance firm is consolidating its claims offices from around the state into a 146,801-square-foot building at BPG’s Keystone at the Crossing office complex.
VLADIVOSTOK, RUSSIA-The Chicago-based firm signed an agreement with the state-owned OJSC to open 435 rooms here by fall 2012, in time for an Asia-Pacific cooperation summit.
CHICAGO-A new city amendment designates property lenders, both residential and commercial, as co-owners, and requires lenders to maintain sites if they become vacant.
CHICAGO-The 1.6-million-square-foot 600 W. Chicago building was sold by a joint venture of investors, and includes tenants such as Groupon, Wrigley and Fox Sports.