Bisnow Pontegadea Investments SL, the family office of Amancio Ortega, founder of Inditex, which owns Zara and other fashion brands, has paid about $550 million, or nearly $393/sf, for 1 North Wacker Drive, a 15 million-square-foot office property...
Crain’s Chicago Business Google plans to consolidate its Chicago workforce of more than 2,500 employees at the Thompson Center, a 12 million-square-foot office building in the city’s Loop neighborhood The tech giant will leave its...
Commercial Property Executive Logistics Property Co has paid $58 million, or $8097/sf, for a 716,318-square-foot warehouse at 1401-1465 West Normantown Road in Romeoville, Ill The Chicago developer acquired the industrial property from Heitman,...
Crain’s Chicago Business Arnel has paid $32 million, or $470,588/unit, for Maeve on Ridge, a 68-unit apartment property in Evanston, Ill The local investor acquired the five-story building, at 1555 Ridge Ave, from Michigan Avenue Real Estate...
Cincinnati Business Courier InSite Real Estate has paid $5595 million, or $4054/sf, for the 138 million-square-foot industrial property at 3500 Salzman Road in Monroe, Ohio, a suburb of Cincinnati The Oak Brook, Ill, real estate firm acquired the...
South Florida Business Journal A venture of Monarch Alternative Capital and Tourmaline Capital Partners is offering for sale 801 Brickell, a 415,150-square-foot office building in Miami Eastdil Secured Savills has the listing for the 28-story...
Philadelphia Business Journal Posel Management Co is offering for sale a portfolio of 16 retail properties totaling 631,832 square feet in the Philadelphia area The Philadelphia company has tapped Marcus & Millichap to market the properties...
Crain’s Chicago Business Newcastle Investors has lined up a $247 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to...
Austin Business Journal Dalfen Industrial is offering for sale the Airport Logistics Center, an 806,229-square-foot industrial property in Austin, Texas The Dallas developer has tapped JLL to market the two-building property, which was completed two...
Crain’s Chicago Business Lululemon has agreed to lease 12,000 square feet of retail space at the base of Tribune Tower, a 162-unit condominium property along Chicago’s Magnificent Mile, a popular retail corridor The athletic apparel...
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.
