Subscribe in NewsGator Online
Receive our FREE weekly e-newsletter: 
HOME
5 Questions With...
Personnel
On-The-Market
Why CREFeed.com?
Introductory Advertising Rates


PROPERTY TYPE NEWS
Land
Office
Retail
Multi-Family
Industrial
Hotel/Resort
Self-Storage
College/University
Mixed Use

Site Search

Browse By State

Browse By Metro

Browse By Broker

Browse By Date

Find A Broker

First American
Europaproperty.com
Thursday, November 20, 2008  

Multi-Family


10/12/2007

HFF Chicago arranges $210 million sale of Chicago multi-family


The Streeter
The State Teachers Retirement System of Ohio has purchased the Streeter, a 481-unit multi-family property in Chicago for $210 million from Golub & Co.

Matthew Lawton of Holliday Fenoglio Fowler represented Golub & Co. STRS Ohio represented itself.

Built in 2006 on 1.12 acres, the 48-story building is located at 345 E. Ohio St. It was 92 percent occupied at the time of sale and sold for $436,590 per unit. The complex contains 60 studios, 82 efficiencies, 184 one-bedroom, 138 two-bedroom and 17 three-bedroom units.

Chicago-based Golub & Company is a commercial and residential real estate development and management firm.

Lawton is a senior managing director at HFF Chicago and heads the company's National Multi-Family Group. He has 24 years experience in commercial real estate and specializes in the capitalization of investment real estate and multi-market portfolios.

Address: 345 Ohio St., Chicago, Ill.

Size: 496,064 square feet

Built: 2006


Filed Under: Multi-Family

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us





Comments on this article



No comments have been posted in the last 15 days!


Send us your comments on this article





* - Required fields

Subject: *
Message: *
Contact Name: *
Contact URL:
Contact Email: *
Write the text from image below to this textbox


Human image test

crefeed.com -- Related Headlines


RCM1 Database
View Our Design and Printing Services
Most Popular