Illinois
$240M in Construction Financing Obtained for One Bennett Park
Related Midwest, which is behind the 70-story, 348-unit One Bennett Park in Chicago’s Streeterville neighborhood, has obtained $240 million in… Read more
Rockpoint Acquiring 100 Pine for $289M
Boston-based The Rockpoint Group is acquiring 100 Pine Street, a 402,534-square-foot office building in San Francisco from Chicago-based LaSalle Investment… Read more
LaSalle Investment to Pay $147M for Troubled Asset
LaSalle Investment Management agreed to pay about $147 million to special servicer LNR Partners for a 548,621-square-foot office tower at… Read more
A 22K-SF Target Coming to Oak Park
Target Inc. is planning its first store in Oak Park, IL. But the Minneapolis-based retailer isn’t planning one of its… Read more
McDonald’s Rolling Out Table Service
McDonald’s plans to roll out table service shortly in many of its U.S. locations. Customers will order from a kiosk,… Read more
New Hyatt Place Sells to Texas Buyer for $74M
Summit Hotel Properties acquired the 206-room Hyatt Place in downtown Chicago, at 28 N. Franklin St. The Austin, TX real… Read more
Jordan Brand Flagship Building Sells for $44M
Thor Equities sold its Jordan Brand flagship building in Chicago’s South Loop for $44.2 million. The sale effectively ends Thor’s… Read more
Senior Housing/Library Planned for Chicago’s North Side
In an attempt to find money for a public library on the far north side of Chicago, the Chicago Housing… Read more
Trump Place Residents to Brand: No Thanks
Though President-Elect Donald Trump might have won the hearts and minds of voters in the heartland, residents at the Trump… Read more
CA Attracts Flagship Retail Locations – Here’s Why
Retailers across all price points are increasingly using a flagship store strategy to connect with customers. JLL’s latest research report,… Read more
Canadian Investor Buys Round Rock Multifamily
Starlight U.S. Multifamily Core Fund, headquartered in Toronto, acquired the 384-unit City North at Sunrise Ranch in Round Rock, TX.… Read more
Helmut-Jahn Building to Sell for $30M
A Helmut Jahn-designed building in Evanston, IL is under contract for $30 million. The amount is three times more than… Read more
R2 & Walton Street Pay $86M for Loft Offices
Chicago investors R2 Companies and Walton Street Capital snagged six loft office buildings in Chicago’s West Loop, South Loop and River… Read more
Mesa West Originates $145M Loan on Chicago MF
Mesa West Capital originated $145 million in structured debt to recapitalize and stabilize 1000 South Clark, a 469-unit high-end apartment… Read more
OCC Signs 105K-SF Lease at The Franklin
Equity derivatives clearing organization OCC has signed a long-term lease for 105,000 square feet of office space at The Franklin… Read more
Amazon’s Brick-and-Mortar Stores Benefit Prime Members Too
As e-commerce giant Amazon continues to expand its brick-and-mortar retail locations, its online pricing tactics will be visible in stores… Read more
Apple Construction Underway – For $62M
Apple’s latest endeavor in Chicago will consist of 20,000 square feet at 401 N. Michigan Ave. The new store coming… Read more
CBRE’s Robert Kramp: Talking Triangles and Texas Metros
CBRE recently issued its “Texas Triangle Office Markets: 60 Degrees of Separation” report, which discussed the unique attributes of the… Read more
Equity Office Names Picard EVP, COO
Chicago-based Equity Office named Lisa Picard Executive Vice President and Chief Operating Officer. Picard joins the San Francisco office, and… Read more