Chicago
Alecta’s Chicago Buildings Sell for $244M
Two retail buildings on Michigan Avenue in Chicago sold for a combined $244 million. The properties at 605 N. Michigan… Read more
Recapping CBRE’s Western Industrial & Office Conference
If you missed CBRE’s Western U.S. Industrial and Office Conference last week in DTLA, here’s a quick recap of what… Read more
Dallas-Fort Worth Leads National Demand for Industrial Space
Nationwide demand for industrial space is at an all-time high, and Dallas-Fort Worth is leading the way, according to a… Read more
$139M Hilton Tri-Branded Hotel Development Begins
Work has begun on Hilton Worldwide’s first tri-branded hotel development adjacent to Chicago’s McCormick Place, south of the Loop. The… Read more
Inland Empire Tops Mega Warehouse Construction Boom
Construction of industrial facilities measuring one-million square feet or more is strongest in large industrial markets that benefit from the… Read more
Boxer Properties Nabs 120K-SF Office
Boxer Properties is now owner of the 119,265-square-foot, three-building 155 N. Pfingsten. The Houston, TX-based buyer paid $10 million for… Read more
Land Sale to Support Multifamily Build in Orlando
Old Republic National Title Insurance Co. sold a 19.6-acre parcel in Orlando, FL, to the Richmond Group for $5.7 million.… Read more
Chicago Developer Stakes Land Claim Near ASU
Core Campus Investment Partners, headquartered in Chicago, paid $8.4 million for properties in Tempe, AZ. The buyer struck the deal… Read more
Transwestern Midwest Expands by Five
Transwestern is growing its Midwest office and industrial brokerage teams with five new hires. June Simonian and Michael Cello have… Read more
CA Claims 3 Spots on CBRE’s Global Prime Logistics Yields List
Two SoCal industrial markets and one Bay Area market are included on CBRE Group, Inc.’s latest global ranking of investment… Read more
Hines Hits Milestone on San Mateo Office Dev
Time is running out on Early Bird pricing for Connect Silicon Valley. Hear from SPUR, City of San Jose, Prologis, Kilroy… Read more
CTA Receives $1.1B Grant for Improvements
The city of Chicago received approximately $1.1 billion in federal grants to rebuild a stretch of the Chicago Transit Authority’s… Read more
Chicago Buyer Snags 324 Units
Chicago investor Draper and Kramer Inc. ended its year by snagging the 324-unit View at Encino Commons in San Antonio’s… Read more
OfficeMax HQ Loan Sent to Special Servicer
A $49 million loan on the former OfficeMax headquarters in Naperville, IL, was moved to special servicer C-III Asset Management.… Read more
Deka Immobilien Pays $42M for Amazon Distribution Center
German investment firm Deka Immobilien acquired the 717,000-square-foot Amazon Gateway Distribution Center in Edwardsville, IL in a transaction valued at… Read more
AFIAA Closes on its Largest U.S. Deal
AFIAA Foundation for International Real Estate, headquartered in Switzerland, closed on its largest U.S. acquisition so far. Specifically, the buyer… Read more
$209M Construction Loan Set for New McD’s HQ
HFF arranged a $209 million construction loan to aid in developing 110 North Carpenter, the 567,000-square-foot, future global headquarters of McDonald’s… Read more
HFF Secures Financing for Ramona Manufactured Housing Community
Holliday Fenoglio Fowler, L.P. (HFF) secured $5.8 million in financing for Oak Tree Ranch, a 126-home site, all-age manufactured home… Read more
Spirit Bascom Acquires Chicago Asset for $19M
Spirit Bascom Ventures LLC acquired the nine-story, 160-unit apartment complex at 6807 N. Sheridan Rd. in the Rogers Park neighborhood… Read more