Wednesday, August 29, 2018

HFF announces sale of The Lex in Chicago’s South Loop

                                                                Photo by Jon Pabst Photograpy
                       The  Lex Apartments, South Loop, Chicago, IL

Sean Fogarty
CHICAGO, IL –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of The Lex, a 332-unit, high-rise apartment property in Chicago’s South Loop.

The HFF team represented the seller, Crescent Heights, in the sale of the property to the buyer, FPA Multifamily, LLC.  The property was purchased free and clear of existing financing.

The Lex is located in the heart of the McCormick Square entertainment district at 2138 S. Indiana Avenue. 

The property is a 15-minute walk to the lakefront and directly adjacent to the recently constructed Wintrust Arena and Marriott Marquis Hotel. 

Completed in 2009, The Lex consists of one 35-story tower and one seven-story tower comprising a variety of one-, two- and three-bedroom units averaging more than 900 square feet each.

Marty O'Connell
  Units feature luxury finishes such as granite countertops, contemporary wood cabinetry, Centiva contour plank flooring, high-end appliances, marble vanities, floor-to-ceiling windows and private balconies with panoramic views of the city. 

Community amenities include a sixth-floor rooftop terrace with a swimming pool, hot tub, outdoor grilling and poolside lounge seating; 24-hour fitness center; billiards and resident lounge; business center; dog run; and a resident-only secured parking garage. 

The Lex also features more than 17,000 square feet of ground-floor retail and dining space.

The HFF investment advisory team included managing directors Sean Fogarty and Marty O’Connell, senior director Wick Kirby and director Kevin Girard.

Wick Kirby


IL Lic. #475.137841
HFF Managing Director
(312) 528-3650

HFF Public Relations Specialist
(713) 852-3500

HFF announces $148 million sale of 20-building light industrial portfolio in Dallas, Houston and Charlotte

Light Industrial, Dallas, TX

DALLAS, TX –– HFF announces the $148 million sale of a 20-building, Class A, light industrial portfolio totaling 1.25 million square feet in Dallas and Houston, Texas, and Charlotte, North Carolina.

Light Industrial, Houston, TX
The HFF team marketed the property on behalf of the seller, Adler Real Estate Partners.  Exeter Property Group purchased the portfolio.

The portfolio comprises Cardinal Park in Dallas; three properties in Houston, Bammel Business Park, Business Center at Park 10 and Legacy Park; and Shopton Ridge in Charlotte.  All five properties are situated in highly desirable, infill submarkets with strong tenant demand.

Light Industrial, Charlotte, NC
The HFF investment advisory team representing the seller included managing director Adam Herrin and director Stephen Bailey along with senior managing directors Rusty Tamlyn and Chris Norvell, managing director Trent Agnew and director Patrick Nally.

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.

Holliday GP Corp. ("HFF") is a North Carolina licensed real estate broker.


TX Lic. #0551645
HFF Managing Director
(214) 265-0880

TX Lic. #648685
HFF Director
(214) 265-0880

TX Lic. #0225187
HFF Senior Managing Director
(713) 852-3500

NC Lic. #240226
HFF Senior Managing Director
(704) 526-2800
TX Lic. #574897
HFF Managing Director
(713) 852-3500

HFF Digital Content/Public Relations Specialist
(713) 852-3420