Illinois
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
Investcorp Spends $114M on Two MF Assets
Investcorp’s U.S.-based real estate arm acquired multifamily properties in Minnesota in two separate deals. The New York City-based Investcorp and… Read more
Unfinished Tower Could Sell for $900M
Chicago developer John O’Donnell has retained Eastdil Secured to sell a 1.2-million-square-foot tower at 150 N. Riverside Plaza in Chicago’s… Read more
NorthMarq Arranges $42M Refi for 509-Unit Asset
NorthMarq Capital arranged a $42.2 million refinancing loan on behalf of Village Green, for the 509-unit Residences at 1550 at… Read more
$125M Refi Obtained for Tides at Lakeshore East
Partners AFL-CIO Building Investment Trust and Magellan Development Group have successfully obtained a $125 million loan to refinance The Tides… Read more