Representative Transactions

Urban Infill Land Portfolio

  • Asset Type: Land/Development Parcels l
  • Location: Chicago‚Äôs South Loop and West Loop
  • Size: Approximately 125,000 square feet of prime development parcels

Almost three acres of prime development parcels spread out over three separate sites near downtown Chicago were acquired over an 18 month period to leverage the recovering real estate market. The sites were acquired from lenders,institutional sellers and via short-sale. All the parcels contain parking lots as an interim use while determinations were made on development and disposition plans. The total ultimate development value of the three sites exceeds $400 million.