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Commercial Real Estate Direct Staff Report MetroWest, a 207,714-square-foot office property in the Chicago suburb of Naperville, Ill., has been sold for $16.1 million, or $77.51/sf - 50.5% less than its sales price 11 years ago. Real Capital Solutions of ...
Crain's Chicago Business Greystar is offering for sale One Six Six, a 223-unit apartment property in Chicago. The Charleston, S.C., investor hired JLL to market the property, which it developed in 2023. The property, at 166 North Aberdeen St., is ...
Chicago Business Journal RJW Logistics Group has agreed to pre-lease a 1.2 million-square-foot building at Karis Park West, a 200-acre industrial project that's currently under construction in Montgomery, Ill., a western suburb of Chicago. The logistics company agreed to lease ...
REBusiness Online Hyundai Translead has agreed to lease a 1.4 million-square-foot industrial property at 2200 Channahon Road in Joliet, Ill., a southern suburb of Chicago. The subsidiary of Hyundai Motor Co. leased the property from Industrial Realty Group. DarwinPW Realty/CORFAC ...
Crain's Chicago Business Barings has provided $156.7 million of financing to facilitate Onni Group's purchase of the 1.1 million-square-foot office property at 161 North Clark St. in Chicago. Onni, of Vancouver, British Columbia, paid $125 million, or $113.64/sf, for the ...
Crain's Chicago Business Riverside Investment & Development has lined up $64 million of mortgage financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 199-unit apartment property at 566 West Van Buren St. ...
Crain's Chicago Business Standard Real Estate Investments and Belay Investment Group has paid $61 million, or $238,281/unit, for Martin's Point, a 256-unit apartment property in the Chicago suburb of Lombard, Ill. Standard and Belay, both of Los Angeles, acquired the ...
REBusiness Online A venture of Eastham Capital and Bender Cos. has bought the Park Towers Apartment Homes, a 270‑unit property in Richton Park, Ill., for $30.4 million, or $112,593/unit. Morgan Properties of Conshohocken, Pa., sold the complex, which was built ...
Crain's Chicago Business Nuveen has paid $27 million, or $290.32/unit, for Elston Plaza, a 93,000-square-foot retail center in Chicago. The New York investment manager acquired the property, at 3570 North Elston Ave., from DWS Group, which bought it in 2018 ...
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