Amazon is in talks to buy the 571,423-square-foot industrial property at 1237 West Division St. in Chicago. The price it would pay isn't known yet, but it's expected to be at least close to the $150 million of financing that ...
Bill Silverstein, owner of Beal Properties of Chicago, has paid $20.4 million, or $208,163/unit, for the 98-unit apartment property at 1515 North Fremont St. in Chicago. Silverstein acquired the eight-story building from Jack Duncan, an executive at Thesis Investment Group ...
The property, in Chicago's Wicker Park neighborhood, a relatively young and affluent area, is 95% leased and anchored by a Jewel Osco grocery store and Lowe's. Other tenants include Ulta, Baskin Robbins, Dunkin Donuts, Potbelly Sandwich Shop, and Pet Supplies ...
Highland Real Estate Partners has paid $119 million, or $399,328/unit, for the 298-unit Exhibit on Superior apartment property in Chicago's River North neighborhood. The Ogden, Utah, investor acquired the property, at 165 West Superior St., from its developer, Magellan Development ...
The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern.
Local developer R2 has paid $17.6 million, or $81.95/sf, for the 214,768-square-foot office property at 600 West Fulton St. in Chicago. The seller was a venture led by real estate investor Randy Rissman, which bought it in 2006 for $31.7 ...
Jamp Hotels has paid $30.5 million, or $127,615/room, for the 239-room La Quinta Inn & Suites hotel in Chicago. The local hospitality investor acquired the property, at 1 South Franklin St., from Highgate and Cerberus Capital Management.
Prime Finance is under contract to pay about $120 million, or $180.39/sf, for the 650,812-square-foot office building at 225 West Wacker Drive in Chicago. The San Francisco alternative lender is acquiring the property from Spear Street Capital, which bought it ...
Citadel Center was built in 2003 and was 56% leased when it came to the sales market late last year. Kohan is focused on leasing the property's available space and is already in talks with multiple interested tenants.
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