Sat, Sep 20, 2014, 4:43 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Prime Group Realty Trust (PGE) Message Board

  • mtgguy1998 mtgguy1998 Nov 21, 2001 6:50 PM Flag

    CHI market

    I see there's a deal for 500 West Monroe @250mil or appox $250.psf. While not a PGE property, it's not a bad comprable to have when valuing assets in the area

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Prime has some very well-located properties, but none of them would fetch a premium price like $250 psf. And to address again the issue of Cadim/Vornado swapping shares for CBD assets, I believe that is a very farfetched scenario. Those properties have debt associated with them that would possibly (most likely probably) have prepayment penalties or defeasance too severe to make a swap likely. As far as who Cadim is likely to side with, I think that vote has already been cast...they are in a virtual JV with Vornado.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.