Illinois
Chicago Again Leads U.S. in Foreign Direct Investment
For the seventh consecutive year, Chicago leads the U.S. and North America in foreign direct investment (FDI), according to the… Read more
Aerospace Firm Commits to Indianapolis Location
HSA Commercial Real Estate executed a 56,592-square-foot lease with Safran Nacelles Services Americas LLC at its Gateway V distribution center in… Read more
CBRE Markets Ground Lease Opportunity in Fulton Market
CBRE has been retained by Bridgford Foods Corporation to offer for long-term lease 170 N. Green St., a 156,000-square-foot food processing… Read more
Connelly Elevated to Principal at 33 Realty
Sean Connelly has been named principal at 33 Realty. A leading middle-market broker specializing in multifamily, Connelly has amassed career transactions valued at $400… Read more
Out-of-State LLC Picks Up St. Louis Retail
Marcus & Millichap arranged the sale of Tenholder Plaza, a 44,339-square foot retail property located in St. Louis. Financial terms… Read more
Triple-Net Infill Industrial Trades in North Center
Greenstone Partners arranged the sale of 2950 N. Oakley Ave., a 42,000-square-foot urban infill industrial property in the North Side’s… Read more
California Posts Country’s Biggest Q2 Credit Card Debt Increase
U.S. consumers racked up $35.6 billion in credit card debt during Q2 2019, an all-time record for the second quarter… Read more
Mixed-Income Complex Holds Grand Opening in Rogers Park
Public and private stakeholders marked the grand opening Thursday of the Concord at Sheridan, a mixed-income development in Rogers Park.… Read more
Construction Loan Advances MXU in Madison O-Zone
Associated Bank acted as lead arranger and administrative agent for a $36.6-million loan to Stone House Development for construction of… Read more
Interra Adds Associate Brokers for Next Phase of Growth
Interra Realty expanded its brokerage team with two new associate brokers, Michael Duckler and Mark Dykstra. Both are based at… Read more
Mesa West Supplies Mortgage Debt on Lockport Industrial
Mesa West Capital provided a joint venture of High Street Realty Company and Angelo Gordon with $32.1 million in short-term,… Read more
New Ordinance Could Raise the Bar for Deconversion Deals
With the condominium deconversion trend across Chicago showing little evidence of waning, investors who buy up residential condos in bulk… Read more
Kohl’s-Anchored Mt. Prospect Retail Trades to CA Buyer
Greenstone Partners sold Mount Prospect Center, a 192,000-square-foot multi-tenant shopping center anchored by Kohl’s and located in the northwest suburb… Read more
Lendlease’s Weldon Will Manage Chicago Pipeline
Lendlease has promoted Theodore T. Weldon III from SVP of development to executive general manager of development for Chicago. Weldon… Read more
Weeks Will Lead Development for Rockefeller Group
Veteran real estate executive Thomas Weeks will join Rockefeller Group in New York City as EVP and head of development,… Read more
City Will Install Barriers to Stem Lakefront Flooding
With Lake Michigan near record-high water levels, the Lightfoot administration devised a citywide response plan to reduce anticipated damage at… Read more
Skender Breaks Ground on Supportive Housing in Uptown
Skender has broken ground on a new 42,000-square-foot supportive housing facility for women in the North Side’s Uptown neighborhood. The… Read more
Anbang Selling Hotel Portfolio to South Korean Investor for $5.8B+
China’s Anbang Insurance Group Co. agreed to divest a luxury hotel portfolio to Mirae Asset Global Investments for more than… Read more
Inland National Acquires 12 Acres, Plans 303-Unit Multifamily
Inland National Development Co. LLC (INDC) acquired 12 acres in Selma, TX, situated in the northeast corner of the San… Read more