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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...
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...
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© 2023 Commercial Real Estate Direct All rights reserved..
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