A new lease on security
Securing a government building becomes more complicated if a third party owns the building, and a government agency is leasing the space. "Our biggest...
The Abbey Co. acquires Catalina Landing
The Abbey Co. has purchased Catalina Landing, four office buildings in downtown Long Beach, Calif., and the only waterfront office complex in the city....
City of Chicago to buy Block 37 property
The parcel of downtown property formerly known as Block 37 will be purchased by the City of Chicago for $32.5 million. The city has reached a purchase...
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....
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