Catch up on the latest information across the Commercial Real Estate business covering brokerage news, development projects, leasing, property management trends and proptech.
Procter & Gamble has selected Jones Lang LaSalle for its 5-year global corporate facilities and project management contract. The firms expect to reach a definitive agreement by the end of this month...
Vans is entering into negotiations with its landlords for lease terminations or rent reductions related to its 11 skateparks, three of which are owned by Mills Corp., two by Simon Property Group, one by PREIT and one by Belz...
Both sides are saying they won, but Wall Street analysts argue that Indianapolis-based Simon now has the upper hand in its hostile takeover bid for Bloomfield Hills, Mich.-based Taubman. Yesterday, Michigan District Court Judge Victoria Roberts...
In its 1960s heyday, Villa Italia, a 1.5 million-square-foot enclosed mall in Lakewood, Colo., was a luminary among regional centers. But by 2001 it stood empty, like the fossilized shell of a long-extinct animal, as 80,000 cars drove past daily...
Fast backward to Lake Forest, Illinois, 1916. Chicago architect Arthur Aldis called a trend when he convinced Cyrus H. McCormick, Jr., to form the Lake Forest improvement trust to build Market Square. It was to be a shopping complex of 28 stores...
