Massive Michelin distribution center sells for $130M
A 2 million-square-foot Michelin-leased distribution center in Wilmington sold for $130 million, The Real Deal has learned. Investment firm...
A 2 million-square-foot Michelin-leased distribution center in Wilmington sold for $130 million, The Real Deal has learned. Investment firm...
JLL’s earnings fell by nearly a quarter in 2020, driven by a sharp decline in leasing revenues. Adjusted EBITDA fell 24 percent last year to $860 million, the global brokerage announced Tuesday. The drop...
The last time Sterling Bay and JPMorgan teamed up to sell a building, the duo collected $412 million for...
JLL has dropped its involvement with the effort to sell President Donald Trump’s Washington, D.C., hotel. The real estate brokerage is ‘“not going to be involved in selling that hotel,” a JLL spokesperson told...
When insurance brokerage Aon Corporation moved its global corporate headquarters from Chicago to London in 2012, it was seen...
JLL CEO Christian Ulbrich didn’t exactly say Cushman & Wakefield wasn’t worth a page out of its checkbook. But the executive did throw shade...
The commercial real estate industry’s biggest service firms continue to slash expenses as the economic slowdown squeezes their business. UPDATED, Nov. 2, 4:38 p.m.: JLL and CBRE recently made layoffs and budget cuts to...
JLL’s profitability fell by more than half during the second quarter as fees from brokering office leases around the world slowed to a trickle. JLL, the second-biggest real estate services firm in the world,...
The latest earnings reports are approaching for major real estate services firms like CBRE, JLL and Cushman & Wakefield,...
The owner of a historic Loop office building that is suing its sole tenant for skipping out on a...