Stonewater Buys Office Portion of Chicago’s 1 N. State for $34Mln
Chicago Sun-Times (Second Item)Stonewater Partners has paid $34 million for the 523,000-square-foot office portion of 1 N. State, a downtown Chicago office and retail property. The Los Angeles investment firm purchased the building from Archon Group, a unit of...
SunTrust Affiliate Offers Evansville, Ind., Office Complex
An affiliate of SunTrust Bank is offering for sale the Old National Bank headquarters, a 248,675-square-foot office complex in Evansville, Ind. The Atlanta bank is marketing the property, which it acquired last December, through Stan Johnson Co. Old National...
Soffer Organization Nixes Sale of Pittsburgh Office Building
By Jeff Mordock, Commercial Real Estate Direct Staff WriterThe Soffer Organization has decided against selling Quantum 1, a 159,000-square-foot office building in Pittsburgh. The Pittsburgh developer, which is run by the Soffer family, had placed the property on the...
$175Mln Residential Tower Planned in Denver
Rocky Mountain NewsRandy Nichols broke ground a $175 million, 41-story residential tower in downtown Denver. The building, dubbed The Spire, will be the tallest residential tower between Chicago and Las Vegas. It will open in 2009 at 891 14th...
Two Office Buildings in Jersey City, N.J., Sell for $105.87Mln
Jersey JournalOnyx Equities has acquired two adjoining office buildings in downtown Jersey City, N.J., for $105.87 million. The Woodbridge, N.J., investor plans to redevelop the properties at 2 and 30 Montgomery St. into a 1.2-million-square-foot mixed-use project. The properties...
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