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    The company and its partner, Callahan Capital Properties, paid $145 million to acquire the 576,000-square-foot high-rise at 125 S. Wacker Drive in the city’s West Loop neighborhood.

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    The shopping center known as Dawson 400 is anchored by Napa Auto Parts and Goodwill and was at 88 percent occupancy at the time of the deal. The center benefits from the proximity of North GA Premium Outlet Mall.

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    The Lowenstein Building is the first of several phases of a rehabilitation program taking place within Knowledge Park, a $200 million mixed-use development.

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  • Creative Office Sells for $31M in Santa Monica, CA

    The Class A+ property traded for one of the highest prices per square foot ever recorded outside of New York City. The deal reflects the increasingly competitive commercial market in Santa Monica, Calif.

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  • Most Sectors Near Peak, But Crash Unlikely: RCLCO

    A strong economy and healthy property market fundamentals will sustain positive operating and investment performance into 2018, the advisory firm projects in a new report.

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  • Economy Watch: U.S. Suburban Office Markets Rebounding

    Walkable, transit-oriented and amenity-rich office spaces in suburban markets are becoming increasingly in-demand by tenants, according to Avison Young's mid-year office report. Landlords are responding by retrofitting and updating their properties.

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