Tag: Commercial Real Estate

Draper and Kramer Announces $30.2M Sale of 454,619-Square-Foot Office Building in Des Moines, Iowa

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Chicago-based Draper and Kramer, Incorporated, one of the leading privately held, full-service real estate firms in the United States, announces it has completed the sale of Capital Square, a 454,619-square-foot multi-tenant office building in downtown Des Moines, Iowa.   Draper and Kramer sold the property, located at 400 Locust Street, to Colorado-based Real Capital Solutions for $30.2 million, reportedly the highest price ever paid for an office building in Des Moines’ … Continued

Draper and Kramer Acquires 3-Acre Commercial Development Parcel in Park Ridge, Ill.

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Draper and Kramer, Incorporated, a full-service national real estate firm, announces it has closed on the purchase of a 3-acre commercial development parcel located in Park Ridge, Ill., at the corner of Greenwood Avenue and Busse Highway. The firm was self-represented in the transaction, while the seller, the American Society of Anesthesiologists, was represented by Paul Buckingham … Continued

Draper and Kramer Brokers Sale of Chicago Banquet Hall and Parking Lot

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Draper and Kramer, Incorporated, a full-service national real estate firm, announces it brokered the $572,600 sale of a 0.61-acre property in Chicago’s Belmont Central neighborhood, which includes a banquet hall facility, storage building and a parking lot. A private investor acquired the site with Draper and Kramer Vice President Kurt Warnke representing the seller, Chicago-based Foreman Real Property LLC. The former banquet hall is … Continued

Draper and Kramer Offers Capital Square Class A Office Building in Des Moines for Sale

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Chicago-based Draper and Kramer, Incorporated, one of the largest privately-held, full-service real estate firms in the United States, is currently soliciting offers for Capital Square, a Class A multi-tenant office building in downtown Des Moines, Iowa.   Developed by Draper and Kramer in 1983, the Skidmore, Owings & Merrill-designed building is being marketed by CBRE’s Minneapolis Capital Markets group.   … Continued

Draper and Kramer Leases Nearly 6,750 Square Feet of Retail Space in Two Chicago-Area Fitness Transactions

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Draper and Kramer, a full-service national real estate firm, announces it has brokered a pair of fitness leases totaling 6,750 square feet in Chicago’s Bronzeville neighborhood and Lombard, Ill. Kurt Warnke, real estate manager for Chicago-based Draper and Kramer, represented the landlords in both transactions.  In the first deal, Athletico Physical Therapy leased 3,547 square feet at the Draper and Kramer-owned Lake Meadows Shopping Center, located at 3357 S. Martin Luther King Drive in Chicago’s Bronzeville neighborhood. The 193,032-square-foot center also houses a recently opened LA … Continued