Crain’s Chicago Business FPA Multifamily is offering for sale two apartment properties with a combined 572 units in downtown Chicago The San Francisco investment manager hired Newmark to market properties, which have no asking price FPA...
Minneapolis/St Paul Business Journal Blu Dot has leased River Edge Business Center, a 250,000-square-foot industrial property in Fridley, Minn The furniture maker will move into the building, at 7350 Commerce Lane Northeast, in November The property...
Multi-Housing News JPL Development has secured $483 million of Freddie Mac financing against the Edison at Maple Grove, a 248-unit apartment property in the Minneapolis suburb of Maple Grove, Minn Gantry arranged the 10-year loan, which requires...
Commercial Property Executive GI Partners has paid $750 million for the 30-megawatt Skybox Chicago I Data Center in the Chicago suburb of Elk Grove Village, Ill The San Francisco investment firm acquired the property, at 800 East Devon Ave, from HMC...
Crain’s Chicago Business Prologis has broken ground on a 1 million-square-foot industrial property within Prologis Park 80 in Minooka, Ill The San Francisco developer is building the property at intersection of McLinden and East Minooka roads,...
The Real Deal Thor Equities has paid $52 million, or $7587/sf, for 68,536 square feet of commercial space at the Palmer House in Chicago, three years after losing the property to foreclosure The New York investment firm acquired the space from LNR...
Denver Business Journal Brookfield Properties has paid $40 million, or about $333,333/unit, for The Villas, a 120-unit apartment community in Denver’s Globeville neighborhood The New York investment firm acquired the five-building complex from...
Crain’s Chicago Business Digital Realty Trust has paid about $82 million, or $16907/sf, for a 485,000-square-foot office building at 3800 Golf Road in Rolling Meadows, Ill, about 25 miles northwest of Chicago The Austin, Texas, data-center...
The Real Deal RPM Living has paid $99 million, or $443,946/unit, for One Six Six, a 223-unit apartment property in Chicago The Austin, Texas, apartment investor purchased the property from its developer, Greystar of Charleston, SC JLL brokered the...
Crain’s Chicago Business Barnes & Thornburg has expanded its footprint at the 14 million-square-foot office property at 1 North Wacker Drive in Chicago The law firm added 29,000 sf and now occupies 125,000 sf in the 50-story tower Its...
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.
