Illinois
HFF Secures $78M Construction Financing for West Loop Development
Holliday Fenoglio Fowler, L.P. (HFF) secured a $78-million construction loan for the development of Fulton West Phase II, a nine-story,… Read more
AT&T Chicago-Area Campus Faces Foreclosure
A little more than a month following the announcement that special servicer C-III Asset Management took over the AT&T corporate… Read more
NGKF Capital Markets Completes Record-Breaking $108.5M Office Deal
NGKF Capital Markets completed the $108.5-million recapitalization of three high-quality Class A multi-tenant office buildings located in Orange, CA. It… Read more
Alcatel-Lucent 516K-SF Naperville Office Hits Sales Block
A massive build-to-suit for Alcatel-Lucent in Naperville, IL is up for sale just months after Nokia bought the French-based company… Read more
Tribune Sells LA Times Building, Olympic Printing Plant
Tribune Media agreed to sell Times Mirror Square and the Olympic Printing Plant in DTLA to Canada’s Onni Group for… Read more
Griffin Capital Nabs Zebra Tech’s 283K-SF Chicago-Area HQ
Griffin Capital Corp. has added the 283,000-square-foot headquarters of Zebra Technologies Corp. to the portfolio of Griffin Capital Essential Asset… Read more
JV Acquires 288-Bed Student Housing Asset in Greenville, NC
Campus Advantage and Waypoint Residential teamed to buy the 288-bed First Street Place Apartments in Greenville, NC. The seller, Blue… Read more
Blackstone Selling Oak Brook Office to Zeller for $125M
Blackstone Group has reached a deal to sell the three-building Commerce Plaza in Oak Brook, IL to Zeller Realty Group.… Read more
Canadian Buyer Nabs Chicago-Area MF for $68M
John Hancock Real Estate, a unit of Manulife Financial in Toronto, paid $68 million for the 204-unit Oak Park Place… Read more
Broadwind to Expand Abilene, TX Facility
Broadwind Energy has approved $4 million to expand the company’s Abilene, TX manufacturing facility. The expansion plan is expected to… Read more
Greystone’s $106M Finances Texas MF Portfolio Buy
Greystone has provided $106.9 million in Fannie Mae Delegated Underwriting and Servicing (DUS) loans for the acquisition of six Texas… Read more
U.S. Steel Puts 430-Acre Chicago Site on Market
U.S. Steel put its South Works steel mill site on the market. Cushman & Wakefield has been retained to market… Read more
General Growth Sells $1.2B Stake in Las Vegas Mall
General Growth Properties Inc. has sold a 50% stake in the Las Vegas high-end shopping mall, Fashion Show. The Chicago-based… Read more
Bridgford Foods to Develop MF, Office on Chicago’s West Loop Site
Bridgford Foods is planning to build apartments and office space on its West Loop site, a Chicago location where it… Read more
Is Free Rent Signaling a Multifamily Market Peak?
In a sign that the San Francisco market has peaked, offers of free rent are cropping up in landlords’ efforts… Read more
LaSalle Pays Record-Breaking $47M for Scottsdale Retail
LaSalle Investment Management, headquartered in Chicago, paid $47 million to RHVT LP for ownership rights of Silverstone Marketplace in Scottsdale, AZ.… Read more
285-Room Public Chicago Hotel Sells for $60M
Ian Schrager sold the 285-key Public Chicago Hotel for $60 million to Hong Kong-headquartered Gaw Capital Partners. The buyer acquired… Read more
Inland Ports Growing in Strength, According to CBRE
Inland ports have become important in supply chains, noted CBRE’s “Inland Ports Logistics 2016 North America Annual Report.” As online… Read more
Alabama Buyer Nabs TX MOBs for $111M
Sanders Trust LLC, headquartered in Birmingham, AL, acquired three Texas medical facilities for $111.5 million. Medical Properties Trust, also based… Read more