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Commercial Real Estate Direct Staff Report The recent sale of 175 West Jackson Blvd. in Chicago has resulted in a complete wipe out of the $250.47 million CMBS loan that encumbered the 1.45 million-square-foot office building. As reported, the 114-year-old ...
Commercial Real Estate Direct Staff Report The 1.45 million-square-foot office property at 175 West Jackson Blvd. in Chicago, which backs $250.47 million of mortgage debt, might be worth only $37.8 million, according to analysis by Kroll Bond Rating Agency. As ...
Chicago's central business district office market had 177,609 square feet of positive absorption during the second quarter, according to Transwestern. That marked the first quarter that absorption was positive since the last quarter of 2021. But the market remains stressed, ...
Philadelphia Business Journal EB Realty Management will expand and redevelop the Abbotts Square mixed-use property at 200-210 Lombard St. in Philadelphia's Society Hill section. The $17 million project involves converting a portion of a garage on the site into 47 ...
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