Illinois
CA Claims 3 Spots on CBRE’s Global Prime Logistics Yields List
Two SoCal industrial markets and one Bay Area market are included on CBRE Group, Inc.’s latest global ranking of investment… Read more
Hines Hits Milestone on San Mateo Office Dev
Time is running out on Early Bird pricing for Connect Silicon Valley. Hear from SPUR, City of San Jose, Prologis, Kilroy… Read more
CTA Receives $1.1B Grant for Improvements
The city of Chicago received approximately $1.1 billion in federal grants to rebuild a stretch of the Chicago Transit Authority’s… Read more
JV Invests $48M in Multifamily Value-Add Play
Origin Investments partnered up with Draper and Kramer Inc. and LEM Capital to acquire the 448-unit Village Park of Palatine… Read more
Chicago Buyer Snags 324 Units
Chicago investor Draper and Kramer Inc. ended its year by snagging the 324-unit View at Encino Commons in San Antonio’s… Read more
OfficeMax HQ Loan Sent to Special Servicer
A $49 million loan on the former OfficeMax headquarters in Naperville, IL, was moved to special servicer C-III Asset Management.… Read more
Deka Immobilien Pays $42M for Amazon Distribution Center
German investment firm Deka Immobilien acquired the 717,000-square-foot Amazon Gateway Distribution Center in Edwardsville, IL in a transaction valued at… Read more
AFIAA Closes on its Largest U.S. Deal
AFIAA Foundation for International Real Estate, headquartered in Switzerland, closed on its largest U.S. acquisition so far. Specifically, the buyer… Read more
$209M Construction Loan Set for New McD’s HQ
HFF arranged a $209 million construction loan to aid in developing 110 North Carpenter, the 567,000-square-foot, future global headquarters of McDonald’s… Read more
American Apparel Closes Stores in Nine Cities
Bankrupt retailer American Apparel now plans to close stores in nine cities. The troubled retailer will sell its remaining 101… Read more
HFF Secures Financing for Ramona Manufactured Housing Community
Holliday Fenoglio Fowler, L.P. (HFF) secured $5.8 million in financing for Oak Tree Ranch, a 126-home site, all-age manufactured home… Read more
Spirit Bascom Acquires Chicago Asset for $19M
Spirit Bascom Ventures LLC acquired the nine-story, 160-unit apartment complex at 6807 N. Sheridan Rd. in the Rogers Park neighborhood… Read more
TriGate Capital Disposes of 292-Key Magnolia Dallas Park Cities
TriGate Capital sold the 292-room Magnolia Dallas Park Cities to DRW Real Estate Investments, operating under the name 6070 NCX… Read more
Global Logistic Properties Undertakes Strategic Review
Chicago-based Global Logistic Properties (GLP) is conducting a strategic review of the giant industrial asset owners’ business options. The Singapore-listed… Read more
$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