More than 200 results for “Industrial Property Trust”
Legal N Illinois

Bridge Development Partners hires first-ever general counsel

Bridge Development Partners has hired Daniel Hemmer as its first general counsel. Based in Bridge’s Chicago headquarters, Hemmer will oversee all of the firm’s legal functions, including real estate transactions, corporate and litigation. He will also be responsible for managing the company’s relationships with outside counsel and assuring …

Industrial Midwest

Prologis to acquire Liberty Property Trust for $12.6B

Prologis and Liberty Property Trust have entered into a definitive merger agreement by which Prologis will acquire Liberty in an all-stock transaction, valued at approximately $12.6 billion, including the assumption of debt. The board of directors of Prologis and the board of trustees of Liberty have each unanimously approved the transaction.

Retail N Illinois

CBRE closes sale of Lincoln Park retail asset

CBRE recently represented Acadia Realty Trust in the sale of a 31,764-square-foot retail property at 938 W. North Avenue in Chicago to The Feil Organization. Located on the corner of North Avenue and Sheffield Avenue in Chicago’s Lincoln Park neighborhood, the property is 100 percent occupied and home to retailers Sephora and a Lululemon fl…

CRE N Illinois

Clear Height Properties hires Kurt Angst, promotes Rick Nevarez

Clear Height Properties has named Kurt Angst to the position of director of property management while also promoting Rick Nevarez to director of acquisitions and leasing as the firm continues to grow and expand its presence in the Chicago metro area through strategic new acquisitions. The announcement was made by Dominic Sergi, CEO and pres…

Industrial i Ohio

Colliers sells six-property industrial portfolio in Cincinnati, Columbus

The Colliers International|Ohio Investment Team and Columbus Industrial Team closed on the Orange Point Portfolio, a six-property industrial portfolio. The portfolio totals 591,695 square feet across five locations with a combined occupancy level of 93.7 percent. Four properties are located in the Cincinnati market and two are located in Columbus.

CRE N Illinois

CRE Future Leaders: Harrison Cohen

| Matt Baker

In February 2018, Harrison Cohen joined Triton Realty Group as a commercial investment advisor specializing in the sale of multifamily and mixed-use properties in the Chicagoland area. Cohen has been a licensed attorney for five years and hit the ground running at Triton, closing his first sale three months into the business. Since joining …

Industrial N Illinois

Prologis to acquire Industrial Property Trust in $4B deal

Logistics real estate giant Prologis, Inc. has signed a definitive merger agreement to acquire Industrial Property Trust Inc. (IPT). Prologis will acquire IPT's wholly owned real estate assets for approximately $3.99 billion in a cash transaction, including the assumption and repayment of debt. The transaction is expected to close by the fi…

CRE N Illinois

Kaegi elicits mixed reactions at SIOR/AIRE/CCIM event

| Daniel Benassi, SIOR

New Cook County Assessor, Fritz Kaegi, is traveling around the county to articulate his new policies and platform, including a recent speech to a packed room at the May meeting of the Chicago Chapter of Society of Industrial and Office Realtors (SIOR), co-hosted with the Association of Industrial Real Estate Brokers (AIRE) and the Illinois …