Crain’s Chicago Business Spear Street Capital has agreed to pay about $40 million, or $27432/sf, for the 145,816-square-foot office property at 1201 West Lake St in Chicago’s Fulton Market neighborhood The San Francisco investment firm...
St Louis Business Journal Burns & McDonnell has agreed to lease 74,273 square feet of office space at 1245 JJ Kelley Memorial Drive in St Louis The engineering firm will be moving in at the beginning of 2027 Burns & McDonnell noted that it...
REBusiness Online Alcove Development has broken ground on 10 Union Lofts, a 96-unit apartment property in Eudora, Kan The Lawrence, Kan, developer is building the property at 1008 East 10th St, about 35 miles west of Kansas City The property will...
Chicago Business Journal TradeLane Properties has paid $301 million, or $5154/sf, for the 584,000-square-foot industrial property at 2001 Baseline Road in Montgomery, Ill, about 47 miles west of Chicago The Oakbrook Terrace, Ill, industrial investor...
Crain’s Chicago Business McKinsey has agreed to sublease 72,000 square feet of office space at Chicago’s Salesforce Tower The consulting firm is subleasing the space from the 12 million-square-foot building’s namesake tenant,...
Crain’s Chicago Business A venture of Franklin Partners and Bixby Bridge Capital has paid $16 million for the $6816 million of CMBS debt against 200 West Monroe St in Chicago The purchase puts the venture in position to seize the...
Crain’s Chicago Business Banco Inbursa has provided $125 million of financing against the 192-room St Regis Chicago hotel The loan allows the property’s owner, a venture of Gencom Group and GD Holdings, to retire a $76 million mortgage...
Minneapolis/St Paul Business Journal Phillips Edison & Co Inc has paid $2765 million, or $24254/sf, for Prairieview Center, a 114,000-square-foot retail property in Eden Prairie, Minn The Cincinnati REIT acquired the shopping center from United...
Multi-Housing News Optima Inc has lined up $60 million of Freddie Mac financing against Optima Verdana, a 100-unit apartment property in Wilmette, Ill The Glencoe, Ill, company will use the fixed-rate loan to retire construction debt Walker &...
Crain’s Chicago Business MetLife Investment Management is planning a $170 million renovation of the 818,000-square-foot Water Tower Place shopping mall along Chicago’s Magnificent Mile MetLife took control of the property in 2022 after...
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