Illinois
Westfield Old Orchard Adding Three Stores in Former Lord & Taylor Space
As part of the ongoing renovations of the Skokie Westfield Old Orchard Mall, a vacant space will soon welcome three… Read more
JLL Arranges Sale of Newly Developed Retail Center in Oakbrook
JLL closed the sale of The Overlook at Oakbrook, a 54,120-square-foot, newly developed, triple-net-leased trophy retail center located in the… Read more
Lee & Associates Negotiates Third Regional Lease for Bullfrog Spas
Lee & Associates negotiated a 10,200-square-foot lease for regional retail space located at Randall Square Shopping Center in Geneva, Illinois.… Read more
Principle Constructing Industrial Building for Alvil Trucking
Principle Construction is constructing a second new building for the firm’s returning client, Alvil Trucking. The 22,245 square foot, 24-foot… Read more
Picklemall to Open 46K SF Pickleball Facility at Former Toys”R”Us
Transwestern Real Estate Services represented Picklemall Inc. in a 46,000-square-foot lease at 5555 Town Line Road in Vernon Hills, Illinois.… Read more
Related Cos. Looking at Caldwell Co for Cold Storage Facility
The $65 million project is slated for Lockhart, Texas, in Caldwell County. Both the town and county are exploring incentive… Read more
Interra Brokers $1.8M Sale of Value-Add MF Chicago Building
Interra Realty brokered the $1.8 million sale of a 16-unit apartment building in Chicago’s West Ridge neighborhood. The transaction equated… Read more
Time Equities Acquires Burbank Plaza Shopping Center
Time Equities Inc. has acquired the suburban shopping center Burbank Plaza located at 8014–8050 S. Cicero Avenue from a private… Read more
Vacant Scott Foresman Campus in Glenview Relisted for Sale
Chicago-based developer R2 Cos. has relisted the former Scott Foresman office campus in suburban Glenview after local officials rejected plans… Read more
Sinoceanic I Ltd. Purchases 50-Story Tower on West Madison
Transwestern Real Estate Services announced the acquisition of 181 West Madison by SinOceanic I Ltd. After purchasing MB Real Estate… Read more
Manulife Provides Mezzanine Financing for Chicago Mixed-Use
Manulife Investment Management has provided a $120.1 million mezzanine loan on behalf of its clients for a construction financing package… Read more
Greystone Provides $224M Refi for Stamford MF Portfolio
Cushman & Wakefield has facilitated a $223.9 million refinancing deal for the Harbor Point portfolio in Stamford, Connecticut. The… Read more
Avison Young’s Ryan Miller to Expand Valuation & Advisory in CA
Ryan Miller will serve as senior director, valuation & advisory services out of Avison Young’s California offices. In this role, Miller will focus on expanding… Read more
Dwight Mortgage Trust Lends $60M on Central Valley Portfolio
Dwight Mortgage Trust (DMT), the affiliate REIT of Dwight Capital, closed two acquisition bridge loans totaling $60 million for a portfolio of four apartment… Read more
MBA, NAR, NAHB Call for Halt to Fed Rate Hikes
Ongoing market uncertainty about the Federal Reserve’s rate path is contributing to “recent interest rate hikes and volatility,” the Mortgage… Read more
Sabal Closes on $2B of Freddie Mac Multifamily B-Piece Deals
Sabal Investment Holdings (SIH) closed a series of five B-piece investments, representing approximately $2 billion in collateral balance and $203… Read more
Loop Building Owner Faces $237M Foreclosure Lawsuit
The owner of a Loop office tower located at 161 North Clark Street is facing a $237 million foreclosure lawsuit… Read more
Bradford Allen Names Jennifer Murphy as President of Management Services
Bradford Allen has announced Jennifer Murphy joined the firm as president of management services. In this role, Murphy will be… Read more
Harry Macklowe’s 1 Wall Street Lands $300M Inventory Loan
Harry Macklowe has secured a $300 million inventory loan for his office-to-residential conversion project at 1 Wall Street in the… Read more