Tuesday, June 26, 2007

Various Chicago purchases and sales

Here are some links to stories about commentary on the disposition of EOP's Chicago portfolio, the $300 million sale of the old Montgomery Ward warehouse, and the acquisition of 180 N. Michigan, an old but popular building, by Marc Realty with financial backing from Winthrop Realty Trust that, according to Tom Corfman's story, appears to be a JV deal with a remote. I've structured these types of deals before and, for the right building, they can be money-makers for all involved.