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REJournalscom BWE has arranged $17 million of financing to facilitate Fairpoint Development’s purchase of the 199,683-square-foot retail and medical office property at 939 West North Ave in Chicago The loan requires only interest payments and...
Finance&Commercecom Community Healthcare Trust has paid $233 million, or $31191/sf, for the Sanford Health Clinic Portfolio, a pair of medical office buildings totaling 74,700 square feet in Bemidji, Minn The Franklin, Tenn, REIT purchased the...
Crain’s Chicago Business Macquarie is offering for sale the 156,263-square-foot office building at 111 West Illinois St in Chicago The Australian financial services firm has hired Cushman & Wakefield to market the property, which it took...
Crain’s Chicago Business The group that owns the 14 million-square-foot office building at 70 West Madison St in Chicago has been hit with a foreclosure lawsuit The group, comprised of Hearn, GEM Realty Capital and Farallon Capital, had...
The Real Deal Lamar Cos has paid $637 million, or $14883/sf, for Geneva Commons, a 438,000-square-foot retail center in Geneva, Ill The Fairfield, NJ, company purchased the property from LaSalle Investment Management, which had acquired it in 2013...
Commercial Property Executive Ann and Robert H Lurie Children’s Hospital of Chicago has broken ground on the Lurie Children’s Schaumburg Outpatient, Primary Care and Infusion Center, a 75,000-square-foot medical office building in...
Milwaukee Business Journal An affiliate of United Properties Corp has bought the 199,217-square-foot Plaza 50 Shopping Center in Kenosha, Wis, for $276 million, or about $13854/sf The East Meadow, NY, company purchased the retail property from a...
Crain’s Chicago Business A local development group has proposed building a 256-unit apartment property at 2328 South Michigan Ave in Chicago The group, which consists of Fern Hill, Decennial Group and Rebel Hospitality, expect the two-building...
Chicago Business Journal CenterPoint Properties has sold a portfolio of three nearby industrial buildings totaling 17 million square feet in Elwood, Ill, for $125 million, or about $7353/sf The Oak Brook, Ill, company sold the properties to...
The Real Deal Continental Realty Corp has paid $784 million, or $276,056/unit, for Sixteen30, a 284-unit apartment complex in Plainfield, Ill The Baltimore investment manager purchased the property from its developer, Wingspan Development, which had...
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