Chicago
Horn’s 101K-SF Warehouse Buy Breaks Nashville Record
Horn USA has acquired a 101,000-square-foot warehouse at 1870 General Patton Dr. in Franklin, TN. The toolmaker paid $10.7 million… Read more
Empty Chicago Hospital Could be Reborn
Cook County Hospital in Chicago, which has been vacant for more than a decade, could have a future life as… Read more
Industrial: Scarce Space in Top Markets
Dwindling warehouse and distribution center space is becoming more the rule than the exception, in and around the top 12… Read more
More Than a Portfolio: The Passion Behind the Properties
Connect Media spoke with James H. Lagos and his wife, Nike, about their business, Lagos Central, which specializes in the management… Read more
Investcorp Spends $114M on Two MF Assets
Investcorp’s U.S.-based real estate arm acquired multifamily properties in Minnesota in two separate deals. The New York City-based Investcorp and… Read more
Unfinished Tower Could Sell for $900M
Chicago developer John O’Donnell has retained Eastdil Secured to sell a 1.2-million-square-foot tower at 150 N. Riverside Plaza in Chicago’s… Read more
$125M Refi Obtained for Tides at Lakeshore East
Partners AFL-CIO Building Investment Trust and Magellan Development Group have successfully obtained a $125 million loan to refinance The Tides… Read more
Chicago Post Office Under Contract – Again
The saga of Chicago’s abandoned Old Main post office continues. The property’s British owner, developer Bill Davies, has announced a… Read more
James Center in Tacoma Sells for $31M
Phoenix-based Vestar has acquired the 140,240-square-foot James Center in Tacoma, WA from Inland American Real Estate Trust. The buyer paid $31.4… Read more
WaterWalk Targets TX, CO for Development
Wichita, KS-based WaterWalk Hotel Apartments, a model that expands mostly through franchising, has signed a $150 million agreement with Rockford… Read more
Equity Office hires Paul Kurzawa
Equity Office, a wholly owned subsidiary of Blackstone, hired Paul Kurzawa as managing director of development. Kurzawa will be in… Read more
Greystar Pays $336M for NYC Properties
Greystar Real Estate Partners LLC, based in Charleston, SC, paid $336.6 million in separate transactions for two New York City… Read more
Central Park Tower Sells for $84M
Central Park Tower, a 297,672-square-foot office building in Broomfield, CO, sold for $83.5 million to GEM Realty Capital, based in… Read more
United Airlines Inks 225,000-SF Deal for Houston HQ
United Airlines Inc., based in Chicago, has signed a 225,000-square-foot lease with Hines of Houston. The deal puts UAL at… Read more
Christian Ulbrich Promoted to JLL President
In a move to separate leadership roles, Chicago-based Jones Lang Lasalle (JLL) has promoted Christian Ulbrich to the position of… Read more
Logistics, Distribution To Cool in ’16, Says JLL
According to Jones Lang LaSalle’s (JLL) second annual Global Logistics Sentiment Survey, although corporate occupier demand of distribution and logistics centers… Read more
Davies to Chicago: I Want the Post Office
Days after the city of Chicago moved to seize control of Chicago’s Old Main Post Office for redevelopment, British developer… Read more
Post Office Re-Development Taken Over by City
Years after developer Bill Davies acquired the Old Main Post office in Chicago with plans for redevelopment, the city of… Read more
