Clal Insurance buys Chicago building - Israel Business, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
US Property

Chicago, Illinois Photo: AP
Chicago, Illinois Photo: AP
 
 

Clal Insurance buys Chicago building

Company owned by IDB Group to pay $221 million for 40-story office building in heart of West Loop business district together with Harbor Group International

Benny Barak
Published: 12.14.12, 13:03 / Israel Business

Clal Insurance Enterprises Holdings, together with Harbor Group International, is buying a luxurious 40-story office building in the heart of Chicago's West Loop business district.

 

The companies will pay $221 million for the building, while the total cost of the deal is valued at $258 million.

 

Clal will own 49% of the property.

  

The deal will be financed through a five-year loan of $165 million from Wells Fargo.

 

Clal's share of the buyers' $93 million investment in the purchase is about $46 million.

 

Harbor Group acquires properties for profitable commercial real estate investing, mostly in the United States.

 

 

commentcomment   PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us




 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions

 
פיקוד העורף התרעה במרחב:
    למציאת מרחב ההתגוננות האישי שלכם »
    פיקוד העורף מזכיר: יש לחכות 10 דקות במרחב המוגן לפני שיוצאים החוצה
    רשימת יישובים במרחב