Crain’s Chicago Business Vinayaka Hospitality is under contract to pay between $20 million and $25 million for the 520-room Wade Hotel in Chicago The Schaumburg, Ill, company is buying the property, at 644 North Lake Shore Drive, from Park...
South Florida Business Journal Alta Development is offering for sale the SoMi Walk student-housing project that’s under construction in Coral Gables, Fla The Miami developer is constructing the 173-unit property at 5959 SW 71st St, less than...
Crain’s Chicago Business Draper & Kramer is under contract to pay $126 million, or $470,149/unit, for the 268-unit Albion Evanston apartment property in the Chicago suburb of Evanston, Ill The local developer is buying the property, at...
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...
Dallas Business Journal The US General Services Administration is offering for sale the 669,264-square-foot Fritz G Lanham Federal Building in Fort Worth The office property, which was built in 1966 at 819 Taylor St, is being marketed along with a...
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...
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