• Columbia Plaza

    JLL completes sale of Cincinnati office building

    April 23, 2020 – JLL Capital Markets announced today that it has completed the sale of Columbia Plaza, a newly renovated, 538,437-square-foot office building in Cincinnati, Ohio. JLL represented the seller, HighBrook Investors, and procured the buyer, Zamir Equities, LLC. Columbia Plaza is located at 250 E 5th Street...
  • Edgewood Colorado

    Hanley Investment Group Arranges Sale of Midwest Anchored Shopping Center

    March 24, 2020 — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm recently completed the sale of a 174,000-square-foot, grocery- and drug-anchored shopping center shadow-anchored by Target in Lincoln, Nebraska. Hanley Investment...
  • Rayette Lofts

    JLL Closes Sale of Rayette Lofts in St. Paul, Minnesota

    March 23, 2020 – JLL Capital Markets announced today that it has closed the sale of Rayette Lofts, an 88-unit, mid-rise adaptive reuse residential and retail property located in downtown St. Paul, Minnesota’s vibrant Lowertown neighborhood. JLL marketed the property exclusively on behalf of Sherman Associates, and procured the...
  • Sanford Health

    JLL Completes $30.3M Sale of Single Tenant Office Building in Sioux Falls

    March 11, 2020 – JLL Capital Markets announced today that it has closed the $30.3 million sale of Sanford Health’s Corporate Administration Facility, a 158,000-square-foot, two-building office property in Sioux Falls, South Dakota. JLL marketed the property on behalf of the seller. The property was completed in two phases...
  • Trulee Evanston

    Luxury Seniors Housing Community Planned for Chicago’s North Shore

    March 11, 2020 – JLL Capital Markets announced today that it has arranged construction debt and joint venture equity for the development of Trulee Evanston, a 163-unit luxury seniors housing property in Evanston, Illinois. JLL worked on behalf of the project sponsor, a joint venture between Chicago-based developer Condor...
  • Moxy Minneapolis

    JLL arranges $12.3M loan for Minneapolis hotel

    March 9, 2020 – JLL Capital Markets announced today that it has arranged a $12.3 million refinancing for Moxy Minneapolis Uptown, a 125-room Marriott-branded boutique hotel in the Uptown submarket of Minneapolis, Minnesota. JLL worked on behalf of the borrower, Graves Hospitality, to place the five-year, fixed-rate loan with...
  • Mclean

    Avison Young negotiates sale of 60,231-SF McLean County Orthopedics facility

    March 4, 2020– Avison Young announced today that it negotiated the sale of a 60,231-square-foot (sf) Class A medical office building at 1111 Trinity Lane in Bloomington, IL. Hammes Partners was the buyer. The seller, McLean County Orthopedics, will lease the building back on a long term leaseback. Avison...
  • 4000 Racine

    Taurus Acquires Industrial Portfolio for $153.5 Million

    March 3, 2020 – Taurus Investment Holdings, LLC (“Taurus”) is pleased to announce the successful acquisition of the Chicago Infill Industrial Portfolio located in Chicago, Illinois. Comprised of 28 assets, the portfolio consists of more than 1,900,000 square feet of space across 11 of the 19 Chicago submarkets. The...
  • 71 South Wacker

    Irvine Company leases 85,000 square feet at Chicago’s iconic trophy tower 71 South Wacker

    February 10, 2020 – Irvine Company announced today that iManage, a leading global provider of work management product solutions, has signed an 85,000-square-foot lease at 71 South Wacker, the 48-story iconic trophy tower in downtown Chicago. “71 South Wacker’s world-class design, unique amenity mix, and highly-sought after location make...
  • Lou Malnati

    Flagship Lou Malnati’s Restaurant Building Near Chicago Sold

    January 30, 2020 – JLL Capital Markets announced today that is has closed the $6.4 million sale of an 8,059-square-foot, single-tenant building triple net leased to the flagship Lou Malnati’s Pizzeria in the Chicago-area community of Oakbrook Terrace, Illinois. JLL marketed the property on behalf of the seller, Vequity,...
  • Brookfield

    Brookfield Properties Announces First Tenant at 24 East Washington

    January 29, 2020– Brookfield Properties announced today that Numerator, a leading marketing research data and tech firm, signed a lease to become the headlining office tenant of the iconic former Marshall Field & Company’s building. Numerator will occupy over 60,000 SF on the 12th floor of the building in...
  • West End Office Park

    Bridge Investment Group Enters Twin Cities Office Market with Purchase of West End Office Park

    January 24, 2020— Bridge Investment Group LLC’s (Bridge) subsidiary Bridge Office Fund Manager (Bridge Office) announced today the acquisition of West End Office Park (“WEOP”), 568,000-square-foot, six-building creative office portfolio located in the high-performing West End submarket of Minneapolis, Minnesota. Centrally located at the intersection of Interstate 394 and...
  • 150 North Michigan

    CBRE Global Investors Lands Trio of New Leases at Iconic 150 North Michigan Tower

    January 23, 2020 – CBRE Global Investors announced today the signing of three lease agreements at 150 North Michigan, a Class A 41-story office tower known for its iconic diamond-shaped peak, sweeping views of Lake Michigan and Millennium Park, and proximity to leading entertainment and retail destinations. The German...
  • Westlake Plaza

    Newport Capital Partners Sells Westlake Plaza in Chicago

    January 13, 2020 – JLL Capital Markets announced today that it has closed the sale of Westlake Plaza, a 42,018-square-foot, internet-resistant neighborhood shopping center in Chicago’s affluent Northshore community of Wilmette, Illinois. JLL represented the seller, Chicago-based Newport Capital Partners. A private real estate fund advised by Crow Holdings...
  • T Mobile Chicago

    New Two-Tenant Aspen Dental and T-Mobile Trades in Chicago Metro

    January 10, 2020 — Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a new-construction, two-tenant, retail pad building occupied by an Aspen Dental-branded practice and T-Mobile in...
  • CT Realty Columbus

    CT Realty Set to Develop 5.7-MSF Logistics Park in Columbus, Ohio

    January 8, 2020 – CT Realty has expanded its nationwide logistics portfolio with the purchase of 382 acres of industrial land in Columbus, Ohio for the development of 5.7 million square feet of large-scale warehouse and distribution space. Located in the largest and best-performing industrial submarket of Columbus, the...
  • ATI Physical Therapy

    Avison Young awarded 134K SF office building sale listing in suburban Chicago

    January 8, 2019 – Avison Young has been awarded the exclusive disposition assignment for a fully-leased, 134,697-square-foot (sf) corporate office building in the Chicago suburb of Bolingbrook, IL. The building is 100% leased on a long-term basis to ATI Physical Therapy, a leading U.S. outpatient healthcare provider with 887...
  • Gravois Place

    Fully Leased St. Louis-Area Neighborhood Retail Center Sold

    December 19, 2019 – JLL announced today that it has closed the sale of Gravois Place, an 86,931-square-foot, fully leased Gold’s Gym-anchored retail center in the suburban St. Louis community of Fenton, Missouri. JLL marketed the property on behalf of the seller, RBR Real Estate Holdings, LLC. Mark Sher,...
  • IRET Portfolio

    IRET Sells 970-Unit Midwest Multi-Housing Portfolio

    December 16, 2019 – JLL announced today that it has closed the sale of a 10-property, 970-unit multi-housing portfolio located in the Midwestern communities of Sioux Falls, South Dakota, and Sioux City, Iowa, on behalf of IRET for a total of $78 million. JLL marketed the portfolio exclusively on...
  • Whiteland Exchange

    Avison Young Marketing 606,384-SF Industrial Portfolio in Active Indianapolis Market

    December 16, 2019 — The Indianapolis industrial market continues to see strong momentum, heading into 2020, with sales increasing by 83.5% over the past four quarters, ending with Q3 2019, according to an Avison Young Investment Review. Among the key drivers of activity are e-commerce, logistics and consumer goods companies...
  • Eastridge Estates

    JLL Closes $11.25M Sale, $14.4M Financing of Minnesota Apartments

    December 13, 2019– JLL announced today that it has closed the $11.25 million sale and $14.4 million financing of Eastridge Estates, a 126-unit apartment community in Rochester, Minnesota. JLL marketed the property exclusively on behalf of the seller, Eastridge Associates, and procured the buyer, Vitus. Additionally, JLL worked on...
  • Logistics Park 75

    Trez Forman Closes $38.8 Million Construction Loan for Spec Industrial Buildings near Cincinnati, Ohio

    December 5, 2019—Trez Forman Capital, with offices in Atlanta, Ga. and Palm Beach, Fla., funded a $38.81 million loan that will be used develop two spec industrial buildings totaling 776,820 square feet in northern Kentucky, about 20 miles south of Cincinnati, Ohio. The warehouse/distribution centers are planned for the...
  • Raising Canes

    Hanley Investment Group Arranges Sale of Raising Cane’s in St. Louis

    November 20, 2019– Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has completed the sale of a new-construction, single-tenant Raising Cane’s Chicken Fingers quick-service restaurant in St. Louis, Missouri. Raising Cane’s is...
  • JLL Completes $47.55M Sale of The Vue at Pinnacle Park

    November 18, 2019— JLL announced today that it has closed the $47.55 million sale of The Vue at Pinnacle Park, a 285-home, Class A apartment community located in Fitchburg, Wisconsin, a suburb to the south of Madison. JLL marketed the property exclusively on behalf of the seller, Milwaukee-based Fiduciary...
  • Palatine

    ASC Arranges $5.56 Million for Multifamily Complex in Palatine, IL

    November 14, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $5.56 million permanent loan for a 62-unit multifamily complex located in Palatine, IL. Built in 1968 and renovated in 2016, the garden style complex is composed of four buildings containing 62 units. Unit mix...
  • Springdale Apartments

    Spaulding Group Secures Financing for Springdale Apartments in Milwaukee

    November 11, 2019– JLL announced today that it has arranged financing for Springdale Apartments, a 199-unit apartment community located in the Milwaukee suburb of Waukesha, Wisconsin. JLL worked on behalf of the sponsor, Spaulding Group, to secure the fixed-rate loan through Argentic Real Estate Finance LLC. The 75% LTV...
  • Goodwill Illinois

    JLL closes sale of new retail property in suburban Chicago

    November 5, 2019 – JLL announced today that is has closed the sale of a newly constructed, 18,000-square-foot, single-tenant retail property that is triple net leased to Goodwill in the Chicago suburb of Glenview, Illinois. JLL marketed the property on behalf of the seller, a Chicago-based merchant developer. Best...
  • Chicago Vernon Hills

    Westmount Realty Capital and Stockbridge form JV to Acquire 1.7 Million-Square-Foot Light Industrial Portfolio in Chicagoland

    November 4, 2019— Stockbridge and Westmount Realty Capital have partnered to acquire a 1.7 million-square-foot light industrial portfolio in the Chicago region. Stockbridge acquired the portfolio on behalf of the firm’s Value Fund III, a closed-end value-add vehicle. The portfolio includes 38 buildings in some of Chicago’s most sought...
  • Mallard Crossing

    JLL Closes Sale of Suburban Chicago Retail Center

    October 23, 2019 – JLL announced today that it has closed the sale of Mallard Crossing, an 80,708-square-foot, ALDI-anchored retail center in the northwestern Chicago suburb of Elk Grove Village, Illinois. JLL represented the seller, IRC Retail Centers LLC, and procured the buyer, a vehicle sponsored by  AmCap Management...
  • American Street Capital

    ASC Arranges $13.6 million for Chicago South Side Multifamily Portfolio

    October 22, 2019 – American Street Capital (“ASC”) announced today that it has arranged $13.62 million in permanent debt for a twenty building multifamily portfolio located in Chicago, IL. The portfolio, consisting of 214 units scattered over 20 buildings, is located on Chicago’s south side in various neighborhoods such...
  • Crave Maple Grove

    Hanley Investment Group’s Twin Cities Two-Tenant Pad Sale Sets Midwest Cap Rate Record

    October 10, 2019 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a two-tenant retail property occupied by Bank of America and CRAVE American Kitchen & Sushi Bar...
  • Gallagher Way

    Hickory Street Capital Secures $140M Refinancing for Chicago’s Gallagher Way

    September 17, 2019 – JLL announces that it has arranged a $140 million refinancing for Gallagher Way, a recently completed lifestyle mixed-use development. The development comprises more than 93,000 square feet of office space, 85,100 square feet of retail space along with the 173-room Hotel Zachary and an open-air...
  • Hyatt House Fulton

    JLL Arranges $61M Financing for New Hyatt House Hotel in Chicago

    September 12, 2019 – JLL announces that it has arranged a $61 million refinancing for Hyatt House Fulton Market, a 200-room, newly constructed hotel in Chicago’s Fulton Market District. JLL worked on behalf of the borrower, a partnership between Sterling Bay and Wheelock Street Capital, to place the five-year,...
  • Woodbury Commons

    Hanley Investment Group Arranges Sale of New Multi-Tenant Retail Pad Building in Twin Cities Metro for $11.8M

    September 6, 2019- Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of Commons Plaza, a new-construction, retail property consisting of three freestanding buildings in Twin Cities metro area, Minnesota....
  • Erik Foster

    Avison Young awarded 311,000-SF industrial building listing in Dayton market

    September 3, 2019 – Avison Young has been awarded the exclusive sale listing for a 311,000-square-foot (sf) single-tenant light manufacturing facility at 3535 Kettering Boulevard in Moraine, OH, in the Dayton industrial market. The building is 100% leased on a long-term basis to Harco Manufacturing Group, a global automotive...
  • Marshall Field and Company Building

    In Chicago, Brookfield Properties Restores the Rich History of a Beloved Icon

    August 8, 2019 –– Brookfield Properties announced today an innovative commercial real estate redevelopment of one of America’s most iconic buildings: the transformation of the top six floors of Chicago’s fabled former Marshall Field and Company Building and current home of Macy’s at State Street, into an ultra-modern office...
  • ALDI Illinois

    Hanley Investment Group Arranges Pre-Sale of New-Construction ALDI in Central Illinois

    July 29, 2019 – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the pre-sale of a new-construction, single-tenant ALDI at Litchfield Plaza shopping center in Litchfield, Illinois. The sale price was...
  • 200 South Michigan Ave

    Stanton Road Capital Acquires Historic 200 S. Michigan Avenue in the Heart of Chicago’s East Loop

    July 22, 2019— Stanton Road Capital, LLC (“SRC”), a Los Angeles-based investment management firm focused on direct commercial property investments, together with Third Lake Partners, LLC, a Tampa-based family investment firm, is pleased to announce the acquisition of 200 S. Michigan Avenue, a 371,566 SF, 22-story, Class “A” office...
  • Elevate Chicago

    JLL arranges financing for ELEVATE in Chicago’s Lincoln Park

    July 12, 2019 – JLL announces it has arranged financing for ELEVATE, a newly built, 11-story luxury apartment building located in Chicago’s Lincoln Park neighborhood. JLL worked on behalf of the borrower, a joint venture between Baker Development Company and USAA Real Estate, to place the long-term, fixed-rate loan...
  • Accenture Tower Chicago

    KBS’ 500 West Madison to be Rebranded as Accenture Tower

    July 11, 2019— KBS, one of the largest owners of commercial real estate, announced today that 500 West Madison in Chicago will become Accenture Tower. Today, alongside Illinois Governor JB Pritzker and Chicago Mayor Lori Lightfoot, Accenture (NYSE: ACN) a leading global professional services company that provides a broad...
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