Saturday, March 31, 2018

0 Angelo Gordon picks up Chicago office complex for $148M

Date: Saturday, March 31, 2018 9:06:00 AM
Author: Admin
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New York-based Angelo Gordon is adding a prominent piece of the O’Hare office market to its portfolio. The sale of Presidents Plaza, an 835,000-square-foot, two-tower complex at 8600 and 8700 West Bryn Mawr Avenue, will bring in $148 million for sellers PGIM Real Estate and Chicago-based GlenStar Properties. The joint venture that’s selling the property picked it up in 2006 for $129 million. GlenStar will hold onto a minority stake in the buildings, according to […]

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