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California investor picks up distressed South Side office building

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A 15,400-square-foot retail center around the corner from FedEx’s World Headquarters has been purchased by a California investor for $2.7 million. Three University of Memphis football players have.

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California investor picks up distressed South Side office building A New York real estate firm is joining the fray of investors aiming to turn around languishing office properties along Interstate 88 in the western suburbs, picking up a distressed complex off the.

 · Real estate dealer Brian Urbanowski, who runs URB and another firm, XEZ Inc., bought numerous distressed South Side properties for low prices, many of them acquired at tax auctions.

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