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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...
REBusiness Online Avenue Development has broken ground on Viva Bene, an age-restricted apartment property with 161 units in St Peters, Mo The Indianapolis developer is planning to spend $378 million building property at 101 Viva Bene Circle, about...
Commercial Property Executive IRA Capital has paid $215 million, or $9072/sf, for the 237,000-square-foot life-sciences and research and development property at 3435 Stelzer Road in Columbus, Ohio The Irvine, Calif, investment firm purchased the...
Commercial Property Executive NewMark Merrill has paid $224 million, or $19155/sf, for Marketplace at Six Corners, a 116,941-square-foot retail center in Chicago The Calabasas, Calif, company purchased the property from DRA Advisors, which was...
Crain’s Chicago Business David Gassman has sold a portfolio of 17 apartment properties with 300 units in Chicago for $724 million, or $241,333/unit The local investor sold the properties to eight different buyers in deals brokered by Essex...
REBusiness Online A development group comprised of Mavrek Development, Double Eagle Development, Luxury Living and GW Properties has opened the 248-unit Saint Grand apartment property in Chicago Work had started on it in January 2023 Mavrek and...
The Real Deal Crescent Heights has paid $80 million, or $404,040/unit, for the 198-unit apartment property at 850 North Lake Shore Drive in Chicago The Miami developer purchased the property from JPMorgan Asset Management, which had acquired it in...
REBusiness Online Stag Industrial Holdings LLC has paid $497 million, or $7125/sf, for the 697,500-square-foot industrial building at 8778 LeSaint Drive in West Chester, Ohio The Boston REIT purchased the property from Brookfield Properties The...
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