Hartz Mountain Industries has completed the acquisition of One Superior Place luxury residential apartments located in Chicago, GlobeSt reports. The New York-based real estate company paid a total of $320 million for the acquisition.
BLDG Management sold the fee interest for $80 million, while Toronto-based Brookfield Real Estate Financial Partners sold the building for $240 million. Jeff Fishman with New York City-based Robert Futterman & Associates arranged the fee interest sale on behalf of the seller, while CB Richard Ellis vice chairman, Jeffrey Dunne, represented the Hartz on the deal.
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