Industrial Warehouse For Sale Offers Pipe Dreams For New Owner


The leasehold land and the building housing the Dunedin
branch of a world-wide industrial pipe and tube retailer
have been placed on the market for sale.

The property
at 68 Sturdee Street in Dunedin’s Harbourside Basin
Precinct industrial quarter is occupied by MRC Global – a
North American-based company with operations in 100
countries.

68
Sturdee Street Dunedin

Tenant MRC
Global has been in the pipe and tube retailing sector for
99-years, and in addition to the Dunedin branch, has New
Zealand locations in Auckland, Hamilton, New Plymouth,
Wellington, Christchurch and Invercargill.

The corner
site Dunedin property occupied by MRC Global features some
410 square metres of warehousing, retailing space, and
offices, sitting on some 892 square metres of leasehold
land.

The leasehold land and building at 68 Sturdee
Street are now being marketed for sale by deadline private

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iO Theater of Chicago is for sale, a sad week for Chicago comedy

At the end of what has been a stunning week for Chicago comedy and improvisation, the venerable iO Theater announced Friday that it, too, has put itself up for sale.



a group of people standing in front of a brick building: Theater-goers line up for the grand opening of the iO Theater, at 1501N. Kingsbury St., in Chicago in 2014. The theater had moved from its previous Wrigleyville location.


© Nuccio DiNuzzo / Chicago Tribune / Chicago Tribune/Chicago Tribune/TNS
Theater-goers line up for the grand opening of the iO Theater, at 1501N. Kingsbury St., in Chicago in 2014. The theater had moved from its previous Wrigleyville location.

The announcement came just days after news that its much bigger rival, Second City, declared itself also to be on the block.

The iO (once ImprovOlympic) only dates to 1981, as compared to 1959 for Second City. Nonetheless, both theaters are privately held, for-profit operations that share a parallel history, rivalry and centrality in the history of American comedy, along with associations with now-famous talents like Tina Fey, Mike Myers and Amy Poehler and reputations for making stars of the entertainment

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Southland Mall’s Troubled $65M CMBS Loan For Sale

Southland Mall, 20505 South Dixie Highway in Cutler Bay with JLL's Tom Hall and Danny Finkle (Google Maps, JLL)

Southland Mall, 20505 South Dixie Highway in Cutler Bay with JLL’s Tom Hall and Danny Finkle (Google Maps, JLL)

JLL is marketing the $65 million commercial mortgage-backed securities loan that the former owner of Southland Mall in Cutler Bay defaulted on earlier this year.

The CMBS loan is tied to the 990,000-square-foot indoor mall at 20505 South Dixie Highway. The mall’s former owner, Investcorp, defaulted on the loan in April and handed the keys over to its CMBS lenders this summer. The mall is currently in foreclosure and a receiver was appointed by a Miami-Dade Circuit Court judge.

The loan is structured with a two-year term with three one-year extension options, according to a press release. The JLL Capital Markets team representing the seller includes Tom Hall and Danny Finkle.

“We predict a significant uptick in transaction volume in the first half of next year,” Hall told The Real Deal

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2021 Audi RS6 Avant Owner Selling Super Wagon For $207,000

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Alpine Motel owner lists mansion for sale for $2.9 million

The landlord of the downtown Las Vegas apartment building where a December fire killed six has listed his family’s mansion for sale.

Adolfo Orozco faces involuntary manslaughter charges in connection with the deadly Alpine Motel Apartments fire, which left more than a dozen injured. The blaze also triggered wrongful death lawsuits in which Orozco has been named as a defendant.

The 6,250-square-foot, Southern Highlands Country Club mansion was first listed Monday on Simply Vegas. The six-bedroom, six-bath home, which property records show is in the name of Orozco’s wife, Erika Ayala, is going for $2,995,000.

“Never before has this hidden gem been available,” the listing reads.

The listing follows the sale of more than $5 million worth of other properties this summer. As of late August, Orozco and his wife had liquidated about half of their once-multimillion-dollar portfolio of 24 properties in Nevada.

Orozco acquired the Alpine in 2013 for

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LSE Seals $5 Billion Borsa Sale to Euronext, Italian Banks

(Bloomberg) — London Stock Exchange Group Plc agreed to sell Borsa Italiana to Euronext NV and two Italian lenders for more than 4.33 billion euros ($5.1 billion), in a deal that will create the largest listing venue in Europe.

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LSE, which is selling Borsa Italiana to get approval from the European Union for its $27 billion Refinitiv deal, announced the transaction in a statement Friday after exclusive talks between the parties started last month.

The London exchange will sell its entire shareholding for 4.3 billion euros in cash plus an unspecified additional amount reflecting the unit’s performance through to the deal’s completion. Euronext shares fell 3.6% in morning trading and LSE shares were up 0.7%. Bloomberg News first reported the agreement Thursday.

Read more: LSE nears $5 billion Borsa sale to Euronext, Italian banks

The deal removes a major hurdle to LSE’s blockbuster tie-up with Refinitiv, which is

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The Oldest Wisconsin Home on the Market, Built in 1839, Needs a New Historian-Owner

Because Brian and Diane Stuart weren’t actively looking for a home, you might say this property found them.

“Diane found it, driving around,” says Brian Stuart. The couple wound up buying the five-bedroom, 5,044-square-foot home in Mineral Point, WI, for $170,000 in 2010.

Built in 1839, it’s now for sale, and it’s also the oldest home currently on the market in the Badger State. After they purchased it a decade ago, the couple updated the property and rented it out to visitors in this artsy town 50 miles southwest of Madison, snug in Wisconsin’s Driftless Area.

“It’s built like a fortress,” says Brian. “The walls are 16 inches thick. Our dream was to bring it back to its original glory, which we did. We wanted the original footprint, which had large rooms, so people could see what it would have looked like. Some of our bathrooms are the size of

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LSE Expected to Approve Borsa Sale to Euronext on Thursday: Sources | Investing News

MILAN (Reuters) – The board of the London Stock Exchange

is expected to approve on Thursday a binding offer by pan-European bourse operator Euronext

for the Milan stock exchange, three sources familiar with the matter said.

LSE entered exclusive talks with Euronext last month, after the Paris bourse owner saw off competition from Deutsche Boerse

and Swiss rival SIX for Borsa Italiana.

LSE is selling Borsa as part of regulatory remedies to see through its $27 billion purchase of data provider Refinitiv, which is 45% owned by Thomson Reuters
, the parent company of Reuters News.

The sale of Borsa, which is contingent on the Refinitiv deal going through, is politically sensitive in Italy due to Borsa’s ownership of MTS, the bond platform which handles trading of Italy’s 2.1 trillion euro ($2.5 trillion) government bonds.

To secure the backing of the Rome government, Euronext has teamed up with state agency

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NFL owner Shad Khan selling luxurious yacht for incredible amount of money

Shad Khan, the billionaire owner of the NFL’s Jacksonville Jaguars and the English Premier League’s Fulham FC and co-owner of All Elite Wrestling, has put up his luxurious yacht Kismet for sale.

And it can all be yours for about $198.8 million.

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The yacht was built in 2014 by German shipyard Lurssen. The 312-foot vessel has eight staterooms sleeping 16 guests. The vessel can accommodate 28 crew members.

The Kismet comes with a pool and a helipad (Photo by Patrick McMullan/Patrick McMullan via Getty Images)

“Built under the supervision of the Moran yacht construction team, the 95m KISMET yacht was delivered by luxury yacht builders Lurssen in 2014. This award-winning superyacht features a gorgeous exterior design by Espen Oeino and a decadent

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