Illinois
Envoy Net Lease JVs with PE Firm on Build-to-Suit Market
Envoy Net Lease Partners, a Northbrook, IL-based capital provider, has formed a joint venture with an undisclosed global private equity… Read more
Greenstone Hires Investment Sales Veteran as SVP
Paul Tesdal has joined Greenstone Partners as SVP of investment sales. Specializing in the industrial, office and net lease sectors,… Read more
Industrious Doubles Footprint at Accenture Tower
Industrious is doubling its footprint at KBS’ Accenture Tower some three months after opening its current space there. The flexible… Read more
NKF to Lease 4 Tabani Group Retail Centers
Dallas-based Tabani Group has appointed NKF as the exclusive leasing agent for four of its prominent retail centers throughout Chicagoland. NKF’s James Schutter,… Read more
$100M in Federal Funds Granted for Chicago Transit’s RPM Project
The Chicago Transit Authority’s $2.1-billion Red and Purple Line Modernization (RPM) program is getting a boost from the federal government.… Read more
Global Logistics Firm Inks Detroit-Area Lease with AEW
CBRE recently represented both the tenant and ownership in a 136,500-square-foot industrial lease at 10725 Harrison Rd. in Romulus, MI,… Read more
Tishman Speyer, MGA Ready to Break Ground in Fulton Market
Tishman Speyer and co-developer Mark Goodman & Associates (MGA) have set a September 26 groundbreaking for 320 N Sangamon, a… Read more
Connect Chicago Fall Event Will Focus on Near Term and Long Term
Having brought together a cross-section of industry heavyweights in May, Connect Conferences is preparing for an encore performance. Scheduled for… Read more
VICI, Hard Rock in $745M Deal for Cincy Casino
VICI Properties Inc. closed on its acquisition of JACK Cincinnati Casino in downtown Cincinnati, for approximately $558 million in cash.… Read more
Benefit Chicago Makes $5M Investment in South and West Sides
Benefit Chicago made a $5-million investment in Self-Help Ventures Fund, a Community Development Financial Institution that is part of the… Read more
Molto Properties Divests Riverside Industrial for Record Price
A vacant 121,390-square-foot warehouse/distribution building in Riverside traded hands for $16.7 million. The deal is highest per-square-foot price ever paid… Read more
53K-SF West Creek Sells to Dallas Buyer
Ramrock Real Estate LLC is now the owner of West Creek, a 53,338-square-foot, Gold’s Gym-anchored neighborhood retail center in southwest… Read more
Orland Park Retail Draws Strong Investor Interest
Marcus & Millichap closed on the sale of Concordia Commons, a 23,125-square-foot shopping strip at the corner of La Grange… Read more
Lendlease Hires Sterling Bay’s Turilli as Development Manager
Lendlease has hired Paul J. Turilli as senior development manager in its Chicago office. Turilli (pictured) will lead the execution… Read more
Ready Capital Finances $69M in Loop Office Deals
Ready Capital’s National Bridge Originations Team recently provided a pair of loans totaling $69 million for Class B office acquisitions… Read more
U. of Michigan Will Add $920M Hospital at Campus Medical Center
The University of Michigan’s regents approved a $920-million project to build a 12-story adult hospital at Michigan Medicine, the Ann… Read more
Illinois Plant Will Produce 100K Amazon Electric Vans
Six months after making a $440-million investment in electric vehicle (EV) startup Rivian, Amazon has placed what’s reportedly the largest-ever… Read more
Navistar Readies to Build $250M Factory
Global truck manufacturer Navistar International targeted San Antonio for a factory, with plans to invest $250 million into a plant… Read more
Interactive Toys”R”Us Pop-Up Coming to Chicago
Tru Kids Brands, owner of the Toys”R”Us brand, is partnering with Candytopia on an interactive experience debuting in Chicago and Atlanta. The Toys”R”Us… Read more