Illinois
CenterPoint Leases New Distribution Center to 3PL
CenterPoint Properties has signed a long-term lease with RJW Logistics Group, a Romeoville-based 3PL, for its state-of-the-art 976,954-square-foot distribution center… Read more
Mesirow Expands Structured Debt Capabilities, Launches SASB Platform
Chicago-based Mesirow, an independent financial services firm, announced the launch of its Single-Asset Single-Borrower (SASB) platform. Mesirow’s SASB financing platform… Read more
MCB Real Estate Acquires Pinkard Properties
MCB Real Estate has acquired Pinkard Properties and its 14-person professional team. Katherine Pinkard, co-founder of the company, which provides… Read more
Invesco Acquires Light Industrial Portfolio in Rockland County
JLL Capital Markets closed the $62.75-million sale of the I-287 Multi-Tenant Light Industrial Portfolio, a three-building, 261,950-square-foot light industrial portfolio in Valley Cottage,… Read more
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A battery manufacturer has withdrawn plans for a $2.6 billion factory on 360 acres in Coweta County and must now… Read more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