Developers delivered 12.8M SF of industrial space to Chicago in Q3, the highest quarterly volume since the first quarter of 1999.
The 264K SF data center is the latest in a string of new development announcements from the Blackstone-owned company.
Blackstone, part of the partnership that sold the Pennsylvania Avenue property, started writing the asset four years ago, a spokesperson told Bisnow.
The biggest sales, leases, loans and more from the week in South Florida commercial real estate.
With housebuilders looking to divest stock and an active single-family housing market emerging, could this be the year that SFR takes off in the UK?
Since its acquisition of American Campus Communities in 2022, Blackstone has been a major player in student housing.
Blackstone's sale of a 473-unit apartment complex led a week of significant Boston commercial real estate deal-making.
A spate of recent short sales are the prelude to what experts say will be a year of steep discounts and forced transactions in the office sector.
February '24 was the first month all redemptions were fulfilled since November '22.
The deal with Bowlero, structured as a sale-leaseback agreement, represents an expansion into the family entertainment sector for casino owner Vici.
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