Illinois
Kiser Closes $11M Off-Market MF Deal in Andersonville
Kiser Group brokers Jacob Price and Katie LeGrand closed on 1553-55 W. Hollywood, a $10.9 million off-market deal. This property… Read more
OC Apartment Properties Score $142M Cash-Out Refi
Alex Kane, Joe Giordani, Brendan Golding and Alvin Cao of Northmarq’s Newport Beach Debt + Equity office arranged the refinancing of two California multifamily properties, the… Read more
Skender Finishes Construction of New Ace Hardware HQ
Skender has completed the 250,000-square-foot build-out of Ace Hardware Corporation’s new headquarters. The project, located at 2915 Jorie Boulevard in… Read more
Is There Enough Supply for Low-Carbon Building Demand?
In a recent article, JLL’s Guy Grainger and Paulina Torres said that corporates demand more high-quality, low-carbon workspace. But that… Read more
Wall of Multifamily Maturities Means Buying Opportunities
With $1.99 trillion of multifamily mortgage debt outstanding through 2028, a wall of debt maturities is quickly approaching for multifamily… Read more
Return to Lender: Week of Oct. 12, 2023
Hear from the leaders in loan advisory and special servicing during a panel on distressed assets at Connect Investment & Finance… Read more
Johnson Details $16B Budget With No Tax Hike, Plans to Close $538M Gap
Chicago Mayor Brandon Johnson delivered his first budget address to members of the City Council. He proposed a $16.6 billion… Read more
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