CTA chooses Jones Lang LaSalle and TR Advisors to manage R.E. assets

The Chicago Transit Authority (CTA) selected Jones Lang LaSalle, Inc. (JLL) in partnership with TR Advisors to manage real estate assets. JLL will focus on three tasks: serving as CTA's real estate broker, securing concessions at CTA stations, and increasing efforts to establish transit-oriented development across the CTA system. Leading the JLL/TR Advisors team are Kurt Little, managing director of JLL, and Lorna Moritz, executive director of TR Advisors.

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GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

Manhattan, NY GFP Real Estate closed three office leasing transactions totaling 9,952 s/f at 322 Eighth Ave. in Chelsea, highlighting continued leasing momentum at the recently repositioned office

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

1122 Madison Avenue inks $21.175 million contract

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

Rudin secures lease with JAMS at the top of 3 Times Square

Skyline Developers’ 18W55 fully leased in under nine months

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Legion Investment Group and Nahla Capital’s 1122 Madison Avenue inks $21.175 million contract

Columns and Thought Leadership

Artificial intelligence in lending - by Lindsay Mesh Lotito

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Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.

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You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their