Illinois
Blackhawk on Halsted in Chicago Goes for $130M
LaSalle Investment Management, representing a foreign pension fund, has struck a deal with Structured Development for the 224,000-square-foot Blackhawk on… Read more
Minneapolis’ COCO Expands to Chicago
COCO, a co-working space company in Minneapolis, is expanding to Chicago with its acquisition of Enerspace Chicago at 1046 W.… Read more
Abbott Wants St. Jude For $25B
Abbott Laboratories, headquartered near Chicago, has announced that it will buy St. Jude Medical Inc. in a deal worth $25… Read more
Pleasant Prairie, WI Projects March Forward
Two industrial projects planned for Pleasant Prairie, WI are moving forward after gaining preliminary approval from the village’s plan commission.… Read more
iPark: Lake County (IL) Signs Japanese Corp. as First Occupant
Valent BioSciences Corp. a subsidiary of Sumitomo Chemical Co. Ltd. of Japan, has become the first occupant at Innovation Park:… Read more
InvenTrust Acquires Stevenson Ranch Plaza for $72.5M
Oak Brook, IL-based InvenTrust Properties Corp. acquired Stevenson Ranch Plaza, a 187,035-square-foot grocery-anchored retail center located northwest of Los Angeles… Read more
Hines Closes 210K SF Deal at San Mateo Office Project
For more on what’s going on in the Bay Area market, attend Connect San Francisco on May 12 at the… Read more
$315M LondonHouse Sale Breaks Chicago Record
Union Investment Real Estate, an investment manager based in Hamburg, Germany, has acquired the 452-room LondonHouse on North Michigan Avenue… Read more
Plan Approved for Pittsburgh Produce Terminal
Chicago developer McCaffery Interests has won approval from the Urban Redevelopment Authority in Pittsburgh to convert the Strip District’s produce… Read more
China Trainmaker Wants More After $1.3B Win
CRRC Corp., China’s only manufacturer of high-speed locomotives, is pursuing opportunities in other U.S. cities after winning a $1.3 billion… Read more
Chicago Backs Off from Post Office Fight – For Now
The contentious battle between the city of Chicago and owner/developer Bill Davies over the fate of the city’s abandoned main… Read more
Horn’s 101K-SF Warehouse Buy Breaks Nashville Record
Horn USA has acquired a 101,000-square-foot warehouse at 1870 General Patton Dr. in Franklin, TN. The toolmaker paid $10.7 million… Read more
Empty Chicago Hospital Could be Reborn
Cook County Hospital in Chicago, which has been vacant for more than a decade, could have a future life as… Read more
Industrial: Scarce Space in Top Markets
Dwindling warehouse and distribution center space is becoming more the rule than the exception, in and around the top 12… Read more
Beauty Products Distributor Inks Deal in Mount Prospect, IL
Fromm International, a marketer of supplies to the professional beauty industry, has signed a long-term, 73,000-square-foot lease at Briarwood Business… Read more
Bensonville IL MF Owner Obtains $44M Refi
YB Partners, owner of the 571-unit York Brook Apartments in Bensonville, IL, has obtained $44 million in refinancing, courtesy of… Read more
Walmart’s Fort Wayne Milk Plant On Tap
Walmart has announced plans to build a 250,000-square-foot milk-processing plant in Fort Wayne, IN. The giant retailer plans to begin… Read more
More Than a Portfolio: The Passion Behind the Properties
Connect Media spoke with James H. Lagos and his wife, Nike, about their business, Lagos Central, which specializes in the management… Read more