Property & Building offloading Chicago building for $154 million
The Israeli company paid only $122 million when it bought the asset around two years ago.
Property & Building Corp., one of the few bright spots in Nochi Dankner's IDB group, said Thursday it was selling the Barneys building in Chicago for $154 million – $32 million more than it paid for the asset back in March 2011. It did not name the buyer.
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