Texas Real Estate
Today’s daily take a look at the movers and shakers in business real estate also features a new hire at Helmsley Spear in New York and a promotion at MB Real Estate in Illinois. At $16 million, the sale of Two Pierce Place in suburban Chicago exhibits misplaced worth for some office buildings, even when the jarring decline started earlier than the health crisis. Palazzo Verdi, an office building with a granite labyrinth amongst its grand areas, has been the seat of developer John W. Madden Jr.’s real estate empire. Now, about to turn 93, he is given up his…