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CBRE Global Investors Adds to its Portfolio With Stamford, CT, Chicago Buys

CBRE Global Investors and German investment company Universal-Investment report they have acquired a recently completed 1-million-square-foot build-to-suit distribution/warehouse facility in Gateway 57 Corporate Park in the Chicago suburb of University Park, IL that is 100% triple net-leased to Georgia Pacific Consumer Products.

By John Jordan | johnjordan | Updated on August 03, 2017

CBRE Global Investors paid $97 million for the Stamford Towers office complex in Stamford, CT. CBRE Global Investors paid $97 million for the Stamford Towers office complex in Stamford, CT.

STAMFORD, CT—CBRE Global Investors reports it has acquired Stamford Towers, two adjacent office buildings totaling approximately 325,000 square feet in Downtown Stamford, CT, for $97 million.

The Los Angeles-based firm real estate investment firm purchased the complex from SL Green Realty and TH Realty. CBRE’s Institutional Properties’ Jefffrey Dunne, David Gavin and Travis Langer represented the seller in the transaction.

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