SVN Chicago has arranges sale of loft office building

A team of brokers from SVN Chicago has facilitated the sale of a 100,544 squre foot brick loft office building in Chicago’s Pilsen neighborhood. The deal closed at $5.4 million. In addition, Advisors Stephen Cusano and James Mead represented the buyer. Vice Presidents Angelo labriola and Paul Cawthon of the Cawthon Labriola Group of SVN …

Large office building in Marlborough sold

One of the major offices in Marlborough, England, was sold for $ 21 million. The office is located in Marlborough 25 Cedar Hill St. It offers an area of 107,520 square meters to the owner. The 3-storey office building has been sold to IPG Photonics Corp. CIL Ceddar LLC was the company that sold the …

Hines buys office building in Athens

Hines bought an office building in the center of Athens. The office building is one of the most pretentious buildings in the region. Sales price was not announced. The building is located on 23 Vasillissi Sofias Boulevard. The building is spread over an area of 2,500 square meters. The residence is 400 meters from the …

Union Investment acquires office building in Paris

Acting on an open-ended property fund, Union Investment bought a historic office building in Paris, 40 Rue du Louvre. The important building was purchased from Oreima. The building was built in 1855 and has a Haussman façade. The building was renovated in 2017 by Oreima. The building currently has a high-level certification. The property consists …

BOMA Building up for sale

A Trophy Office Building will be auctioned through the online commercial real estate platform, RealINSIGHT Marketplace. Built in 1966, 550 Broad Street is a Trophy Office Building located in the Opportunity Zone of Newark, NJ. Also the property is known BOMA building. The 18 storey propety features an attractive timeless exterior, on site ATM, newly …

Saban Real Estate sells 14 property

Saban Real Estate its affiliate has completed the sale of a 14 property office portfolio for $430 million. The portfolio totaled 1.48 million square feet in eleven states. At the time of sale was approximately 99% leased overall. The 14 property sale completes an eight year journey with this portfolio for Saban Real Estate. Philip …

Berlin office project sold

BNP Paribas REIM acquired the Franklin Haus office building in Berlin, Germany. The purchase price was not disclosed. The property is expected to be delivered at the end of 2020. The project also aims to earn a LEED Gold green certificate. The property is close to the city center of Charlottenburg. The project has an …

Silverlake enters the Frankfurt market

Düsseldorf based Silverlake Real Estate Group acquires the office building in Ben Gurion Ring 174 in Frankfurt. Heuking Kühn Lüer Wojtek gave consultancy to Silverlake Real Estate Group. The property is located in Ben Gurion Ring 174 in Frankfurt, the former SEB branch. The empty four-storey building in Nieder-Eschbach has a rental area of ​​approximately …

Cording acquires The Bridge office building

Cording Real Estate Group has acquired an 8,145 sqm office building in The Hague for €16.6m. The seller was Cromwell Property Group. Cromwell Property sold The Bridge office building after completing a comprehensive transformation and substantially reducing vacancy. The company purchased the property in € 6.4m in 2014. The Bridge consist of two eight storey …

An eight-story office building built in Toronto

The Toronto-based Next Property Group will open an eight-story office building in the Junction district. The eight-storey building with hybrid mass lumber is located at 77 Wade Ave. The building consists of nail laminated wood (NLT), glulam columns, steel and concrete. Wood manufacturer Structure Fusion Inc., architects Bogdan Newman Caranci Inc. (BNC) and designed by …