Affordable-Housing Property Planned for Chicago

St Louis Business Journal JENEL Real Estate has paid $407 million, or about $15074/sf, for Shoppes of Mid Rivers, a 270,000-square-foot retail center in St Peters, Mo, about 32 miles northwest of St Louis The New York REIT acquired the property from...

Crain’s Chicago Business Northwestern Mutual is offering for sale E2, a 352-unit apartment property in Evanston, Ill The Milwaukee life insurance company hired JLL to market the property, which is expected to fetch bids around $150 million The...

South Florida Business Journal Greystar Real Estate Partners wants to more than double the size of its Mira Flores apartment complex in Palm Beach Gardens, Fla The Charleston, SC, multifamily company has proposed razing 32 apartment units on a...

Crain’s Chicago Business A pair of Chicago office properties are being offered for sale in separate listings CBRE Investment Management is offering for sale the 661,477-square-foot office property at 150 North Michigan Ave The New York company...

Dallas Morning News Bridge Investment Group is starting construction in April on a nearly 285,000-square-foot industrial property in the Dallas suburb of Grand Prairie, Texas The Salt Lake City real estate investment manager is building the...

Houston Business Journal A venture of Growth Capital Partners and Phelan-Bennett Development has completed work on a 167,120-square-foot industrial project in Brookshire, Texas, about 37 miles west of Houston The property, Westside 10 Business...

Dallas Business Journal A 360-unit apartment project has been proposed for a 16-acre development site in Denton, Texas The owner of the site, between North Loop 288 and Mayhill Road, is listed as McKinney Mayhill Partners LLC The development would...

Crain’s New York Business Wells Fargo Bank has provided $418 million and PNC Bank has provided $307 million of financing for a pair of apartment properties with a total 1,386 units in Queens, NY TF Cornerstone is developing the two properties,...

Commercial Property Executive Tishman Speyer has secured two lease renewals totaling 296,032 square feet at 525 West Monroe St, a 900,000-sf office property in Chicago Katten Muchin Rosenman, a law firm, is leasing 204,000 sf of space at the...

South Florida Business Journal Legacy Residential Group has plans to build an eight-story apartment building near the Miami International Airport The local developer wants to develop the property on a 227-acre site at 3685 NW 36th St Plans call for...