 |
 |
 |
    |
|
|
150 Innerbelt
Road
Cathartes purchased 150-200 Innerbelt Drive from Guilford
Railroad. This vacant 8.46 acre plot was directly adjacent to the 6.2 acres in
Somerville, Mass., that we redeveloped into telecommunications space. We
designed, permitted and began construction on two buildings totaling 380,000 SF
of telecommunications space, and then sold the project to TrizecHahn. |
Back to
Portfolio
|
|
 |
 |
| 150 Innerbelt Road, Somerville, MA |
|
|
West Polk Street
601
West Polk Street is a two-building, interconnected 104,000 square foot brick,
steel and concrete complex located in Chicago, Illinois. Situated at the
intersection of West Polk Street and South Jefferson Street on the southwest
fringe of Chicago's CBD Loop, the property is central to a variety of new
developments. These include a new 300,000 SF office building, 400-500 units of
new residential loft conversions, a new community shopping center anchored by
Dominick's, and the new Greyhound Bus Terminal. The site is also 1/2 mile east
of the University of Illinois at Chicago. |
Back to
Portfolio
|
|
|
 |
| 601 West Polk Street, Chicago, IL |
|
|
70 Innerbelt
Road
Cathartes purchased 70 Innerbelt Drive, a 285,000 SF industrial
building situated on 6.2 acres in Somerville, Mass., from Filene's Basement.
Upon purchase, we leased the entire first floor to Hannaford Brothers and
developed the second floor as telecommunications space. We brought 11 fiber
carriers to the area and substantially increased the power capacity to enable
the facility to be used for the telecom market. Upon this transformation, we
then sold the property to a public REIT. |
Back to
Portfolio
|
|
|
 |
| 70 Innerbelt Road, Somerville, MA |
|
|
The Fargo Building
451 D
Street, the Fargo Building, is a nine-story, 480,000 SF building. We bought the
property in October, 1997. At the time, it was in extremely poor condition
because of previous substandard renovations and extensive neglect. We then
spent two and a half years renovating the property by installing two new
entrances; installing two new lobbies; upgrading and replacing the elevators
and the HVAC systems; adding new fire and life safety systems; adding 25 new
bathrooms; adding new loading dock facilities; completely restoring the facade;
providing all new tenant finishes and replacing all the windows and the
electrical system. After completing this extensive renovation work, we sold the
property to Yale Properties, Inc. in March, 2000. |
Back to
Portfolio
|
|
|
 |
| The Fargo Building, South Boston, MA |
|
|
 . |
| Copyright 2006 Cathartes Private Investments. All rights reserved |
|
|
|
 |
|
 |
|
|