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Home > Chicago Apartment Property Sells at a Loss for $31.5Mln
Crain’s Chicago Business Kohan Retail Investment Group has paid $137 million, or $9133/sf, for Citadel Center, a 15 million-square-foot office building in Chicago The New York company acquired the 39-story property, at 131 South Dearborn St,...
Federal Realty Investment Trust has sold the 113,173-square-foot Barcroft Plaza retail property in the Washington, DC, suburb of Falls Church, Va, for $5803 million, or $51271/sf The North Bethesda, Md, REIT sold the 66-year-old property, at 6345...
Disney Investment Group arranged the $8225 million, or $19735/sf, sale of the 416,766-square-foot University Town Center in Norman, Okla As reported, the 19-year-old property, at 1400 24th Ave NW, was purchased by a venture led by Mazaheri...
Multi-Housing News JPL Development has lined up $395 million of Freddie Mac financing against Edison at Woodbury, a 207-unit apartment property in Woodbury, Minn, an eastern suburb of Minneapolis Gantry arranged the 10-year loan It pays a fixed rate...
Atlanta Business Chronicle An affiliate of Heitman Capital Management has paid $733 million, or $44969/sf, for the 163,000-square-foot retail component of the Madison Yards mixed-use development in Atlanta The Chicago company acquired the property...
South Florida Business Journal Miami-Dade County has bought the 68,132-square-foot industrial building at 1800 NW 70th Ave in Miami for $1918 million, or $28144/sf A company managed by Simon Falic of Duty Free Americas sold the property, which was...
Just more than two-thirds of CMBS conduit loans by balance that came due in April were paid off on time That was a slight improvement from March and a marked improvement from the nearly 46% payoff rate in...
Commercial Property Executive Ares Management has paid $483 million, or $25340/sf, for O’Hare Logistics Center 16, a 190,606-square-foot industrial facility in Mount Prospect, Ill, a norther suburb of Chicago The Los Angeles investment manager...
Washington Business Journal Rockwater Ventures and Buchanan Partners have paid $1525 million, or $4408/sf, for American Center, a 346,000-square-foot office property in the Washington, DC, suburb of Tysons, Va Rockwater, of Chevy Chase, Md, and...
A venture of Roadside Development and Hudson Bay Capital has acquired the 568,642-square-foot Bethesda Towers office complex in the Washington, DC, suburb of Bethesda, Md Roadside, of Washington, and Hudson Bay, of Stamford, Conn, purchased the...
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