The upscale boutique hotel looks to capitalize off the traffic at the Gas South District.
A good green retrofit can narrow the gap to prime office rents by 18%.
Barry Goldstein, CEO of Arch Amenities, will be speaking at Bisnow's upcoming New York State of the Market event about emerging office and retail trends.
Chicago leads the nation in office-to-industrial conversions by a significant margin, but developers are starting to face opposition from area residents.
The announcement comes three months after John O'Neill vacated his position at Cushman & Wakefield.
Chicago slotted in as the metro with the fourth-most planned office-to-apartment conversions this year, trailing Washington, D.C., New York City and Dallas.
The owners acquired the property in 2016 with a $38M loan from JPMorgan Chase.
The popular shopping app is in the early stages of building a major logistics hub in Seattle.
Sumitomo Mitsui Banking Corporation is buying One Portsoken after a loan could not be refinanced.
Dunwoody Mayor Lynn Deutsch said developers could get more density with more 'obtainable' housing developments.
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