TMW purchases Chicago’s 181 W. Madison
Atlanta-based TMW Real Estate Group LLC has acquired 181 W. Madison in downtown Chicago for $248 million from the Davis Cos. The 50-story, 936,000 sq....
Inland acquires Celebration Place properties
Oak Brook, Ill.-based Inland Real Estate Acquisitions Inc. has purchased three office buildings in Celebration, Fla., through a sale-leaseback transaction...
Great American Insurance leases 250,000 sq. ft. in Cincinnati tower
Great American Insurance Co. has renewed its lease for 250,000 sq. ft. of space at the 580 Building in downtown Cincinnati. The locally based insurance...
BOMA names 311 South Wacker ‘Office Building of the Year’
The 65-story, 1.3 million sq. ft. 311 South Wacker Drive in Chicago has received the Building Owners and Managers Association’s (BOMA) International TOBY...
Brause breaks ground on phase II of MetLife Plaza
Phase II of the 282,000 sq. ft. MetLife Plaza in Queens, N.Y., is under way. New York-based owner Brause Realty Inc. broke ground on the 12-story project,...
GE Asset Management buys Independence Wharf
GE Asset Management has purchased Boston’s 334,949 sq. ft. Independence Wharf from Modern Continental Enterprises. The price was not disclosed. The landmark...
Pharmacia grabs AT&T headquarters for $200 million
AT&T has sold its Basking Ridge, N.J. headquarters to Peapack, N.J.-based Pharmacia Corp. for $200 million. The campus, featuring 1.3 million sq. ft....
Jupiter Realty breaks ground on $30M Chicago office building
Chicago-based Jupiter Realty Corp. has broken ground for a 155,500 sq. ft. office building at 1747 West Roosevelt Road in Chicago. The four-acre site...
OWNERS: PREOCCUPIED WITH OCCUPANCY
WHAT KEEPS SENIOR OPERATING OFFICERS of the nation's largest office REIT awake at night? In a word occupancy. If you look at our industry, there is some...
DEVELOPERS: AN EXPANDING EMPIRE
DESPITE THE ECONOMIC HAILSTORM of recent months, office development giant Hines has emerged relatively unscathed. And for good reason. Since the early...
TAMPA THE CULTURE MECCA. REALLY.
Tampa, a city of 2.3 million located on Florida's Gulf Coast, is known for football, beaches and urban sprawl. Now the city wants to be known for its...
Andersen terminates lease at Times Square Tower
Chicago-based Arthur Andersen LLP has finalized an agreement with building owner Boston Properties Inc. to terminate its lease of 650,000 sq. ft. in Times...
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