Thursday, August 27, 2015

Chicago firm buys AQ Rittenhouse apartments



LaSalle Investment Management has purchased the newly constructed AQ Rittenhouse apartment building in Center City for $51.1 million, according to Newmark Grubb Knight Frank, which brokered the sale.


The Chicago-based investment manager bought the 110-unit high-rise at 2021 Chestnut St. from a joint venture between Aquinas Realty Partners and MB1 Capital Partners, NGKF said in a statement on Wednesday.

Source: Philly.com

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