property type: Office

Goodwill Industries International has paid $19.75 million, or $179/sf, for the 110,330-square-foot office building at 761 Wheaton St. in Savannah, Ga. The five-story building was purchased from an investor group led by Margaret Bowen of Alpharetta, Ga., which was represented ...

Crain’s Chicago Business A venture of Glenstar Properties and investor Patrick Halloran has taken title to the 966,924-square-foot office building at 500 West Monroe St. in Chicago through a deed in lieu of foreclosure. The venture previously purchased the building's ...

Philadelphia Inquirer The proposed sale of the 1.76 million-square-foot office building at 1500 Market St. in downtown, or Center City Philadelphia, evidently has fallen apart. The 37-story building, commonly referred to as Centre Square, backs a $368 million mortgage that's ...

Commercial Real Estate Direct Staff Report The 2.78 million-square-foot Aon Center office property in Chicago has been re-appraised at a value of $195 million. It marks the third time the 83-story building - the third tallest in the city after ...

The office sector has been ground zero for distress in the commercial real estate market, but CMBS delinquencies suggest a nuanced picture.

OakNorth Bank has provided $50 million of mortgage financing to fund Onward Investors' purchase and repositioning of three office buildings within the Coliseum Centre office complex in Charlotte, N.C. As reported, the Minnetonka, Minn., investor purchased the three buildings—Three, Five, and ...