Minneapolis/St Paul Business Journal Laxmi Hotels Group has paid $5 million, or $13,889/room, for the 360-room Royal Sonesta Minneapolis Downtown hotel The Charlotte, NC, hospitality company acquired the property as part of a larger eight-property...
South Florida Business Journal Madison Realty Capital has provided $463 million of financing for the South Tower of the St Regis Residences, Sunny Isles Beach, a 170-unit condominium project that’s under construction in Sunny Isles Beach, Fla...
Crain’s Chicago Business DekaBank has provided $79 million of financing against the 197,433-square-foot office building at 345 North Morgan St in Chicago’s Fulton Market District The debt allows the owner of the property, Sterling Bay,...
Crain’s Chicago Business Simpson Thacher & Bartlett has agreed to lease about 94,000 square feet of space at the 638,794-sf office building at 167 North Green St in Chicago’s Fulton Market neighborhood The New York law firm will...
Multi-Housing News The Annex Group has broken ground on Central at Old Southside, a 227-unit affordable housing property in Indianapolis The Fishers, Ind, developer is building the property at 1406 South Capitol Ave, about 2 miles south of downtown...
Crain’s Chicago Business Illinois Center, a 21 million-square-foot office complex in downtown Chicago, is facing a foreclosure auction after its owner defaulted on the property’s $23948 million mortgage The loan against the two-building...
Minneapolis/St Paul Business Journal Amazoncom Inc has renewed its lease for 103,000 square feet of office space at T3, a 224,000-square-foot office building in Minneapolis The e-commerce giant has occupied the top three floors since 2016 JLL...
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...
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