• Top News
  • Regional Digests
  • Insights
  • Property Sales
  • Advanced Search
  • Newsletters
Wednesday, June 17, 2026
Commercial Real Estate Direct
No Result
View All Result
  • Login
  • Subscribe
  • Top News
  • Regional Digests

    Mid-Atlantic

    Algeria Pays $41.5Mln for Downtown D.C. Office Building

    June 16, 2026
    South Central

    iHeartMedia’s San Antonio HQ Hits Sales Market

    June 11, 2026
    Southeast

    Retail Property Near Charlotte, N.C., Fetches $21.4Mln

    June 17, 2026
    Northeast

    200-Room Hotel in New Hampshire Sells for $44Mln

    June 16, 2026
    West

    Denver-Area Retail Center Sells for $37.1Mln

    June 16, 2026
    Midwest

    Lake County, Ill., Officials Pursuing 8-Month Moratorium on New Data-Center Projects

    June 17, 2026

    REGIONS

    • Mid-Atlantic
    • Northeast
    • Midwest
    • South Central
    • Southeast
    • West

  • Insights

    CRE Data

    • CMBS Delinquency
    • CMBS Issuance Data
    • CMBS Pipeline
    • CMBS Pricing Matrix
    • CMBS Special Servicing Volume

    RANKINGS

    • CMBS B-Piece Buyers
    • CMBS Loan Contributor
    • CMBS Risk Retainers
    • U.S. CMBS Bookrunners
  • Property Sales
  • Advanced Search
  • Newsletters
Commercial Real Estate Direct
  • Top News
  • Regional Digests

    Mid-Atlantic

    Algeria Pays $41.5Mln for Downtown D.C. Office Building

    June 16, 2026
    South Central

    iHeartMedia’s San Antonio HQ Hits Sales Market

    June 11, 2026
    Southeast

    Retail Property Near Charlotte, N.C., Fetches $21.4Mln

    June 17, 2026
    Northeast

    200-Room Hotel in New Hampshire Sells for $44Mln

    June 16, 2026
    West

    Denver-Area Retail Center Sells for $37.1Mln

    June 16, 2026
    Midwest

    Lake County, Ill., Officials Pursuing 8-Month Moratorium on New Data-Center Projects

    June 17, 2026

    REGIONS

    • Mid-Atlantic
    • Northeast
    • Midwest
    • South Central
    • Southeast
    • West

  • Insights

    CRE Data

    • CMBS Delinquency
    • CMBS Issuance Data
    • CMBS Pipeline
    • CMBS Pricing Matrix
    • CMBS Special Servicing Volume

    RANKINGS

    • CMBS B-Piece Buyers
    • CMBS Loan Contributor
    • CMBS Risk Retainers
    • U.S. CMBS Bookrunners
  • Property Sales
  • Advanced Search
  • Newsletters
No Result
View All Result
Commercial Real Estate Direct
No Result
View All Result
Print

Home > Chicago Office Property to Sell at a Loss for $60Mln

Chicago Office Property to Sell at a Loss for $60Mln

October 9, 2024
in General News, Midwest

Share this:

  • Tweet
Crain's Chicago Business A venture led by Patrick Halloran is said to be paying about $60 million, or $72.17/sf, for Presidents Plaza, an 831,442-square-foot office property in Chicago. The

Log In or Subscribe to read more

Tags: TPG Angelo Gordon GlenStar Properties Bank of America Chicago Office Illinois - IL Midwest Regional Digest (MWDIG) Mortgages/Financing (MOR) Property Acquisitions (ACQ) Between $50 million and $100 million

Related News

Retail Property Near Charlotte, N.C., Fetches $21.4Mln

June 17, 2026
in Southeast

Charlotte Business Journal An affiliate of BC Wood Properties has paid $214 million, or $20907/sf, for the 102,360-square-foot Union Town Center retail property in Indian Trail, NC, about 17 miles southeast of downtown Charlotte, NC The Lexington,...

Bass Pro Shops to Buy Cheeca Lodge in Florida Keys from Northwood

June 17, 2026
in General News

Bass Pro Shops has agreed to buy the 254-room Cheeca Lodge & Spa fishing and sporting resort in the Florida Keys village of Islamorada, Fla The Springfield, Mo, retailer, formally BPS Direct, operates 181 sporting good stores under the Bass Pro...

Lake County, Ill., Officials Pursuing 8-Month Moratorium on New Data-Center Projects

June 17, 2026
in Midwest

The Daily Herald Officials in Lake County, Ill, are said to be implementing an eight-month moratorium on new data-center projects Staff for the county, which is a northern suburb of Chicago, are working to establish definitions, zoning...

104,850-SF Office Property in Chicago Comes to Market

June 17, 2026
in Midwest

Crain’s Chicago Business A venture of Murphy Development Group and Creek Lane Capital is offering for sale the 104,850-square-foot office building at 318 North Carpenter St in Chicago’s Fulton Market neighborhood The Chicago-based...

Raleigh, N.C., Retail Center Sells for $33Mln

June 17, 2026
in General News

A venture of Greenberg Gibbons and Wilder Co has paid $33 million, or $20125/sf, for the 163,975-square-foot Wakefield Commons retail property in Raleigh, NC The venture—Greenberg is a Baltimore investment manager and Wilder is a Boston...

3650 Capital Lends $42Mln Against Newly Redeveloped Self-Storage Properties

June 16, 2026
in General News

Alternative lender 3650 Capital has provided $42 million of mortgage financing against a portfolio of five self-storage properties with 3,891 units owned by an affiliate of Inland Real Estate Group The four-year loan, which pays a fixed coupon, will...

Sonnenblick-Eichner Arranges $115Mln Loan for Santa Cruz, Calif., Hotel

June 16, 2026
in General News

Madison Newbond has provided $115 million of mortgage financing against the recently completed La Bahia Hotel & Spa in Santa Cruz, Calif The five-year loan was arranged by Sonnenblick-Eichner Co of Los Angeles The 155-room hotel was developed by...

Algeria Pays $41.5Mln for Downtown D.C. Office Building

June 16, 2026
in General News

Washington Business Journal The People’s Democratic Republic of Algeria has purchased the 211,452-square-foot office building at 1441 L St NW in downtown Washington, DC, for $415 million, or about $19626/sf The North African nation purchased...

PCCP Lends $67Mln Against Denver Apartments

June 16, 2026
in General News

Commercial Real Estate Direct Staff Report PCCP has provided $67 million of financing against the 280-unit Kalaco apartment property in Denver JLL Capital Markets arranged the three-year mortgage on behalf of the property’s owner and...

Denver-Area Retail Center Sells for $37.1Mln

June 16, 2026
in West

ColoradoBiz Regency Centers has paid $371 million, or $39137/sf, for Shops at Highland Walk, a 94,795-square-foot retail center in Highland Ranch, Colo, a southern suburb of Denver The Jacksonville, Fla, shopping center investor acquired the...

Recent

Retail Property Near Charlotte, N.C., Fetches $21.4Mln

June 17, 2026

Northwood Brings Charlotte Mixed-Use Property to Sales Market

June 17, 2026

291,995-SF Office Building in Raleigh, N.C., Hits Sales Market

June 17, 2026

Bass Pro Shops to Buy Cheeca Lodge in Florida Keys from Northwood

June 17, 2026

Lake County, Ill., Officials Pursuing 8-Month Moratorium on New Data-Center Projects

June 17, 2026

WATCHLIST

  • Ardent Seen Foreclosing on Tampa, Fla., Apartment Project

    May 20, 2026
  • Fortress Takes San Antonio Office Portfolio Through Foreclosure

    May 14, 2026
  • Austin-Area Apartment Complex Comes to Sales Market

    May 11, 2026
  • The Peach Apartments in Atlanta Taken Through Foreclosure

    April 30, 2026
  • G4 Capital Takes Brooklyn, N.Y., Mixed-Use Building in Foreclosure

    April 24, 2026
more...
  • Transactions
  • CMBS
  • Exec Changes

Retail Property Near Charlotte, N.C., Fetches $21.4Mln

June 17, 2026

Northwood Brings Charlotte Mixed-Use Property to Sales Market

June 17, 2026

291,995-SF Office Building in Raleigh, N.C., Hits Sales Market

June 17, 2026

Bass Pro Shops to Buy Cheeca Lodge in Florida Keys from Northwood

June 17, 2026

Lake County, Ill., Officials Pursuing 8-Month Moratorium on New Data-Center Projects

June 17, 2026
more...

Property Tax Issue Prompts Special Servicing Transfer of $430Mln Loan on Texas Hotel

June 16, 2026

INITIAL PRICING: BANK 2026-BNK52

June 15, 2026

Chicago’s Illinois Center Sees Sharp Drop in Appraised Value

June 12, 2026

CMBS Special Servicing Volume Climbed in May, Despite Heady Workout Volume

June 11, 2026

Geography Shapes Pricing of CMBS Conduit Loans

June 10, 2026
more...

David Simon Passes Away After Battle with Cancer

March 23, 2026

CREFC’s Lisa Pendergast Retiring in August

March 20, 2026

Brookfield Revives GGP Name for Malls

January 7, 2026

Matt Ferrari Leaves TruAmerica, Forms Multifamily Acquisitions Venture

November 5, 2025

Rudin Associate Julia Hyman Also Victim of Midtown Shooter

July 29, 2025

About

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.

Follow Us

Categories

Login
  • Advertising Info
  • About
  • Contact Us
  • Terms
  • Delinquency
  • Special Servicing
  • Watchlist
  • Mid-Atlantic
  • Northeast
  • Midwest
  • South Central
  • Southeast
  • West

Powered By

Trepp

Newsletter Signup

Subscribe to CREDirect and  our Weekly Newsletter!

Sign Up
My Membership

© 2025 Commercial Real Estate Direct All rights reserved.

  • Top News
  • Regional Digests
  • Charts
  • Advanced Search
No Result
View All Result
  • MY ACCOUNT
    • Upgrade
    • Login
    • Sign Up
  • TOP NEWS
  • REGIONAL DIGESTS
    • MID-ATLANTIC
    • MIDWEST
    • NORTHEAST
    • SOUTHEAST
    • WEST
    • SOUTH CENTRAL
  • INSIGHTS
    • CRE DATA
      • CMBS DELINQUENCY
      • CMBS ISSUANCE DATA
      • CMBS PIPELINE
      • CMBS PRICING MARTIX
      • CMBS SPECIAL SERVICING VOLUME
    • RANKINGS
      • CBMS B-PIECE BUYERS
      • Top CMBS LOAN-CONTRIBUTORS
      • CMBS RISK RETAINERS
      • U.S. CMBS BOOKRUNNERS
  • CHARTS
  • PROPERTY SALES
  • ADVANCED SEARCH

© 2024 Commercial Real Estate Direct All rights reserved..

Login to your account below

Forgotten Password? Sign Up

Please enter your username or email address to reset your password.

Log In

Please enter your username or email address to reset your password.

Click here to upgrade your account

Batcache Status: ACTIVE

Discover more from Commercial Real Estate Direct

Subscribe now to keep reading and get access to the full archive.

Continue reading