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| Photo from: CoStar Group Inc. |
South Street Capital has recapitalized two downtown loft-office buildings for a big profit by bringing in a unit of Goldman Sachs Group Inc. as its partner, a prelude to more deals between the firms. South Street and AIMS Real Estate, part of Goldman's asset management business, recently paid about $22.3 million for the fully leased buildings at 224 N. Des Plaines St. and 900 N. Franklin St. from separate South Street ventures, according to Matt Garrison, managing principal at the Chicago real estate investment firm. Read More...
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