David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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August 23, 2004 Crain's Chicago BusinessA joint venture between Prudential Real Estate Investors and GVA Williams will pay about $14 million for a vacant office building in Naperville, Ill. The 344,000-square-foot building at 263 Shuman Blvd. was formerly occupied by ...
August 23, 2004 Lowe Enterprises Investment Management has acquired the Doubletree Hotel Chicago O'Hare Airport in Rosemont, Ill., on behalf of an investment client for an undisclosed price.The 369-room hotel was sold by William Street Hotel Associates LLC. It will ...
August 20, 2004 Chicago TribuneManulife Financial Corp. is said to be the buyer of 191 N. Wacker Drive, a 37-story Chicago office tower. The Torronto firm will pay almost $229 million for the property, which is being sold by a ...
August 20, 2004 KanAm US Grundinvest Fonds, a Munich, Germany, investment firm, has paid about $300 million for two Chicago office properties totaling 1.4 million square feet.KanAm bought 333 West Wacker Drive and a 90 percent interest in 444 North ...
August 19, 2004 Capital Lease Funding, Inc. (NYSE:LSE) has closed its purchase of a Class-A office building in Glenview, Ill.CapLease, a New York REIT that focuses on net-lease properties, paid $85.8 million for the 416,209-square-foot office building, which is occupied ...
August 18, 2004 Chicago TribuneBoston firm Intercontinental Real Estate Corp. and local player Golub & Co. have partnered to buy the Meadows Corporate Center in Rolling Meadows, Ill., for $52 million. The 546,000-square-foot office complex at 2100 and 2550 W. ...
August 18, 2004 Chicago TribuneHamilton Partners formed a joint venture with New York firm Longwing Real Estate Ventures LLC to purchase two Chicago offices for a total of $24 million. The JV purchased 29 and 39 S. LaSalle St., two ...
August 18, 2004 Chicago Tribune (Second item)Wells Real Estate Funds is close to a deal to renew Jones Lang LaSalle's headquarters lease at Chicago's Aon Center. The real estate firm's current lease expires in Feb. 2006 and it has been ...
August 17, 2004 RBS Greenwich Capital Markets Inc. has provided $40 million of fixed-rate financing for University Mall in Carbondale, Ill. The 10-year mortgage, which Greenwich will securitize, carries a rate of 6.11 percent. University Mall is a 677,113-square-foot center ...
The 37-story tower in the West Loop is under contract for about $220 million. It was developed by a Hines venture and is about 90 percent leased.
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