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...
South Florida Business Journal Lore Development Group and Element Development have lined up $58 million of construction financing for The Lincoln, a 48-unit condominium project in Miami’s Coconut Grove neighborhood SME Capital provided the...
Commercial Observer A venture of Saber-Hightower and Granoff Real Estate has lined up $755 million of construction financing for the conversion of two office buildings in Norwalk, Conn, into the 286-unit M7 Lofts apartment property Bank OZK provided...
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...
AZ Big Media Evergreen Development is planning to build a 261-unit apartment property on the 117-acre site at Signal Butte and Warner roads in Mesa, Ariz, about 30 miles east of Phoenix Evergreen, a Phoenix developer, expects to start construction...
Washington Business Journal A venture of Stonebridge, The Bernstein Cos, and Criterion Real Estate Capital has lined up $1756 million of construction financing for the redevelopment of 1990 K St NW in Washington, DC A lending group led by Kennedy...
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