Toronto-based H R REIT has acquired five Central Florida, grocery-anchored shopping centers totaling

After selling its 509-room, 81-year-old Jumeirah Essex House at 160 Central Park South in Chicago for about $440 million in 2005 to Dubai Investment Group, Chicago-based Strategic Hotels Resorts has re-purchased the asset for an estimated $375 million. Published reports of the deal place the sale price at between $350 and $400 million. The property was on the market since March of this year. After buying the property seven years ago, the Dubai investors had sunk $90 million into converting at least 35 selected rooms into luxury condominiums. The condos tickets world cup were being marketed between $1 million and $5 million each, according to published reports. Strategic owns 17 luxury hotels and resorts in the U.S., Mexico and Europe. The properties include a total 7,762 rooms and 840,000 square feet of multi-purpose tickets world cup meeting and banqueting space. The company is a real estate investment trust and is traded on the New York Stock Exchange under the symbol BEE. Lincoln and Farbman Paying $93.5 Million for Chicago Tower In a $93.5 million deal expected to close shortly, Dallas-based Lincoln Property Co. and Farbman Group of Southfield, MI are buying the 624,000-square-foot 230 West Monroe tickets world cup office building in Chicago's Loop district. General Electric Pension Trust of Stamford, CT. is selling the 29-story building for about $150 per square foot, considered by local analysts to be at least three times under current replacement cost. The Chicago division of Holliday Fenoglio Fowler (HFF) is handling tickets world cup the transaction. Lubert-Adler and Farbman Close on $75 Million tickets world cup Chicago Office Building
Philadelphia-based Lubert-Adler Funds and Farbman Group of Southfield Hills, MI have closed on the $75 million joint acquisition of a major portion of 200 West Monroe, a 649,000-square-foot, 23-story office tower in the West Loop district of Chicago. General Electric Pension Trust sold a 535,911-square-foot portion of the building for about $140 per square foot, considered by local general tickets world cup contractors to be at least four times under current replacement cost. An affiliate tickets world cup of the Jewish Federation of Metropolitan Chicago occupies 113,354 square feet in the 80-percent occupied tower. HFF handled tickets world cup the sale. Canadian REIT Pays $55.5 Million for Five Central Florida Retail Centers
Toronto-based H R REIT has acquired five Central Florida, grocery-anchored tickets world cup shopping centers totaling 333,615 square feet for $55.5 million or about $166.35 per square foot, considerably under replacement cost. Boston-based Edens sold the properties which include Publix-anchored sites in Clermont, FL; Holly Hill, FL; Merritt Island, FL and Jacksonville, FL. The Fresh Market anchors another center at Corridors at Pointe Vedra in Jacksonville, FL. The Miami division of Holliday tickets world cup Fenoglio Fowler, which brokered the sale, has capitalized more than $325 million of retail transactions in Florida alone over the past 90 days, according to senior managing director Danny Finkle. HFF Arranges $21 Million in Two Loans
The Irvine, CA-based division of Holliday Fenoglio Fowler (HFF) has arranged $21.2 million in financing for two loans on properties in Denver, tickets world cup CO and Carlsbad, CA. IBC Holdings LLC of Englewood, CO. is paying $11 million on a five-year, fixed-rate tickets world cup loan for Warehouse Central, a 325,858-square-foot industrial building in Denver. The 91-percent leased property also has about 10 percent office space. In the 10.2 million financing, Mararisk tickets world cup Carlsbad LLC bought a 75,160-square-foot, Class A office building at 5791 Van Allen Way in Carlsbad, CA. The 10-year loan carries a fixed interest rate of 3.66 percent.