Valuation: Less than $10 million

Commercial Real Estate Direct Staff Report Meidinger Tower, a 332,129-square-foot office building in downtown Louisville, Ky., is being sold for $4.5 million to Indianapolis developer KennMar. The transaction, which has been approved by a circuit court that previously approved the ...

Commercial Real Estate Direct Staff Report The four remaining office buildings in the Heron Lakes office complex in Houston, whose CMBS loan was transferred to special servicing in 2018, might be closer to a sale as a high bid of ...

Minneapolis/St. Paul Business Journal Namdar Realty Group has paid $4 million, or $8.57/unit, for the leasehold interest in 8500 Tower, a 467,000-square-foot office property in Bloomington, Minn. The Great Neck, N.Y., company acquired the building, at 5800 84th St. West, ...

Crain's Chicago Business Woodcrest Capital has paid $6.2 million, or $7.57/sf, for the 818,686-square-foot office building at 4 Overlook Point in the Chicago suburb of Lincolnshire, Ill. The Fort Worth, Texas, company purchased the property from Realty Income, a San ...

Minneapolis/St. Paul Business Journal Onward Investors has paid $6.3 million, or $6.56/sf, for Ameriprise Financial Center, a 960,000-square-foot office property in Minneapolis. That sales price is down 96.9 percent from the $200 million that Morning Calm Management had paid for it ...

Triangle Business Journal Bridge Commercial Real Estate has sold the more than 160,000-square-foot office building at 5511 Capital Center Drive in Raleigh, N.C., for $6 million, or $37.50/sf. That's down nearly 82 percent from the $33 million the Atlanta company ...

Memphis Business Journal The three-building Thousand Oaks Business Center in Memphis, Tenn., is being offered for sale at an online auction today. CBRE is marketing the property through the Ten-X online auction platform. Bids for the 422,000-square-foot complex start at ...

The following item has been added to identify the property's buyer. The Real Deal The $8.5 million, or $9.24/sf, purchase of the former Sports Illustrated building in midtown Manhattan has been completed. The buyer was Thakkar Developers of Dallas, its ...

Commercial Real Estate Direct Staff Report Helix Properties has paid $7.2 million, or $93.04/sf, for the 77,386-square-foot Gateway Medical Center in Phoenix. The medical-office property, at 690 Cofco Center Court, was the last in a portfolio of six medical offices ...

Crain's Chicago Business Stahelin Properties has hired NAI Hiffman to sell the 140,000-square-foot Crossroads Executive Center office building at 3601 Algonquin Road in the Chicago suburb of Rolling Meadows, Ill. The 10-story building, near the 2.15 million-sf Woodfield Mall in ...