Archive for December, 2010

California State Building Sale in Jeopardy

Wednesday, December 22nd, 2010

The pending sale of 11 California State-owned office buildings is in serious jeopardy as The Guvornator prepares to leave office. Only in California could this kind of fiasco happen, apparently.

See the full story from the The Sacramento Bee (one of the best newspapers in the country, by the way) here.

Hyatt Center Trades for $625M

Wednesday, December 15th, 2010
My good friends over at Crain’s Chicago Business have broken some big news when it comes to office building sales. The Hyatt Center, a 49-story tower in downtown Chicago owned by the Pritzker family, has sold to Irvine Cos. for $625 million.
Here’s a link to the full story.