Illinois
Allen Matkins/UCLA Survey Sees Data Centers as Main Driver of Industrial Projects
Data centers and digital infrastructure now lead the charge for industrial development, outpacing e-commerce as the primary driver of new… Read more
Straits Row Apartments Begin Leasing in Chicago’s South Loop
Leasing has started Straits Row, a new 18-story rental tower in the South Loop that combines traditional apartments with co-living… Read more
Trammell Crow-Led Team Building Final Phase of Cypress Business Park
Trammell Crow Company (TCC) and JV partner Clarion Partners have broken ground on a 628,012-square-foot industrial project in Cypress, the third and… Read more
PCCP Arranges Acquisition Loan for FW Warehouses
PCCP has provided a $72.4 million loan to WPT Capital Advisors to acquire two Class A, 100% leased warehouse buildings… Read more
1.6M-SF Industrial Park Changes Hands in Lancaster
Panattoni Development Co. Inc. sold the 1.6-million-square-foot Midpoint Logistics Center in Lancaster to what the Dallas Business Journal reports is… Read more
Battery Maker Backs Out on $2.6B Atlanta-Area Factory
A battery manufacturer has withdrawn plans for a $2.6 billion factory on 360 acres in Coweta County and must now… Read more
Atlanta Ups Scrutiny of Data Centers
Last year, the Atlanta City Council banned new data centers within a half-mile of the Beltline and within a half-mile of MARTA… Read more
Cannon Inks $60M Financing for Florida, Louisiana Warehouses
Cannon Commercial obtained $60 million in financing to acquire a 2 million-square-foot industrial portfolio comprising two buildings, one each in… Read more
Palmdale Industrial Trades to Private Trust
NAI Capital Commercia CEO Chris Jackson, EVP Todd Lorber and VP Lucy Hartford of the Investment Services Group in the Encino office… Read more
Endeavor Development, HM Cragg Announce 92K-SF Lease in Eden Prairie
Endeavor Development announced a 92,224-square-foot lease for HM Cragg at Endeavor Development’s Nexus at Opus Park redevelopment, a two-building, 174,230-square-foot… Read more
JLL IPT Fully Subscribes $104M Diversified DST
JLL Income Property Trust has fully subscribed JLLX Diversified VI, DST, a $104 million Delaware Statutory Trust. JLLX Diversified VI,… Read more
Australian Clean Fast Food Brand Plans Eight Chicagoland Locations
Guzman y Gomez (GYG), a Mexican casual and fast food restaurant chain based in Australia, has signed a lease in… Read more
Thorofare Capital Provides Nearly $43M for Twin Cities Senior Housing
Thorofare Capital, an affiliate of asset management platform Callodine Group, provided a $42.89 million bridge loan to refinance Risor of… Read more
Newmark Arranges Sale of Two-Building R&D Campus in Sunnyvale
Newmark arranged the sale of Mathilda Tech Park, a two-building, 105,000-square-foot technology R&D campus located in Silicon Valley’s Sunnyvale submarket… Read more
Marcus & Millichap Brokers Sale of Naperville Retail Property
Marcus & Millichap completed the sale of a 22-suite retail property located in Naperville, Illinois. The property sold for $6.99… Read more
Merchants Capital Surpasses $1B in Tax Credit Equity in 2024
Merchants Capital announced $1.08 billion in fund investments closed across the firm’s multi-investor, proprietary and state credit offerings for 2024.… Read more
Lee & Associates Arranges 21K-SF Industrial Lease in Elmhurst
Lee & Associates completed a 20,987-square-foot lease at 849 N Church Court, Elmhurst, Illinois. The institutionally owned and managed building… Read more
Habitat Secures $73M Loan, $29M in New Equity for Chicago MF
Chicago-based Habitat has refinanced Columbus Plaza, a 47-story, 534-unit apartment high-rise in downtown Chicago. Habitat and its partners secured a… Read more
Atlanta Ranks Among Nation’s Leaders in Office-to-Apartment Conversions
According to a recent RentCafe/Yardi Matrix report, the Atlanta metropolitan area will see 2,239 spaces come to life through office-to-apartment conversion projects,… Read more