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At Deadline.(This Week)(Jones Lang LaSalle Inc.)(Johnston & Murphy Inc.)(The Goldman Sachs Group Inc.)(Cerberus Capital Management)
Crain's Chicago Business, October, 2006
625 N. Michigan goes on sale block Chicago real estate firm Jones Lang LaSalle has been hired to market 625 N. Michigan, a 27-story office building with prime, street-level retail tenants Coach and Johnston & Murphy, sources say. The price is expected to top $100 million for a property that was worth about $63 million just three years ago, when it was acquired by a joint venture of Philadelphia investment firm BPG Properties and Chicago developer Golub.
Joseph Neverauskas, a BPG senior vice-president, declines to comment. -Thomas A. Corfman Goldman, Cerberus deal's for real: Hilco Hilco Trading confirms its owners sold a third of the Northbrook appraiser and liquidator to New York investment giants Goldman Sachs and Cerberus Capital Management (Crain's,...
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