Crain’s Chicago Business An affiliate of Morguard has paid $133 million, or $380,000/unit, for Echelon Chicago, a 350-unit apartment property in downtown Chicago The Mississauga, Ontario, investor purchased the property from Crescent Heights...
REJournalscom Friedman Real Estate has paid $46 million, or $3740/sf, for four industrial buildings with a total of 123 million square feet in Waterford, Mich, and Liverpool, NY The Farmington Hills, Mich, company purchased the portfolio in a...
REBusinessOnline MDH Partners has bought Park 100 Building 71, a 193,348-square-foot industrial property in Indianapolis The seller and purchase price were not disclosed The property, at 5250 West 76th St, was built in 1988 and is 87 percent...
Crain’s Chicago Business Local developer Sterling Bay Co is planning to build a 130-unit apartment property at 2100 North Southport Ave in Chicago The nine-story property would be the tallest mass timber development built in Chicago since 1871...
Crain’s Chicago Business John Buck Co is offering for sale 33 North LaSalle St, a 403,000-square-foot office building in Chicago The local developer has hired JLL to market the 38-story property It is encumbered by a $584 million mortgage that...
Crain’s Chicago Business DRA Advisors has paid $106 million, or $185,639/unit, for the Bennington, a 571-unit apartment property in Bensenville, Ill, a suburb of Chicago The New York investment manager purchased the property from FPA...
REJournalscom Stripmasters Services Inc, a painting and coating company, has agreed to lease 161,000 square feet at Decatur Commerce Park, a 649,000-sf industrial property in Decatur, Ill The property, at 2500 North 22nd St, has 36-foot clear...
Commercial Property Executive VanTrust Real Estate has broken ground on Gateway 1000, a 1 million-square-foot industrial property in Jeffersonville, Ind The Kansas City, Mo, developer is building the property at the intersection of Paul Garrett...
Crain’s Chicago Business North Park Ventures has agreed to pay $353 million, or $215,243/unit, for a portfolio of five apartment properties with a total of 164 units in the Chicago suburb of Evanston, Ill The Chicago investment firm is buying...
Cincinnati Business Courier Shelbourne Global has paid $22 million, or $10069/sf, for Summit Woods, a 218,500-square-foot office property in Sharonville, Ohio The New York real estate company purchased the property from Fred Skurow, a local...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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