Crain’s Chicago Business Swedish retailer H&M is vacating the 60,000 square feet of space it occupies at the 87,000-sf retail property at 840 North Michigan Ave along Chicago’s Magnificent Mile shopping district The retailer was in talks...
REBusiness Online Trends International Inc, a manufacturer of stationery products, has renewed its 180,000-square-foot lease at 5110 West 74th St in Indianapolis for an additional seven years The Metuchen, NJ, company was represented by Avison...
Commercial Real Estate Direct Staff Report The $231 million CMBS loan against 260 and 261 Madison Ave, a pair of office buildings with 923,277 square feet in midtown Manhattan wasn’t paid off when it matured earlier this month A $126 million...
Illinois News Seefried Properties has broken ground for O’Hare Logistics, an 80,053-square-foot industrial property in Mount Prospect, Ill The Atlanta developer is building the property at 2240 South Busse Road, about 22 miles west of Chicago It...
Commercial Observer Rosewood Realty Group is marketing for sale a mixed-use project that’s currently under construction at 159 Broadway in the Williamsburg section of Brooklyn, NY Bidding on the property, which was thrown into bankruptcy in...
Bisnow Molto Properties is breaking ground soon on two industrial properties totaling 26 million square feet in Minooka, Ill, and Romeoville, Ill Minooka Ridge Business Park is being constructed at 1001 Midpoint Road in Minooka, about 50 miles...
Daily Herald Premier Design + Build Group has broken ground on a 438,750-square-foot industrial property in Elgin, Ill The Buffalo Grove, Ill, company is building the property at 2601 Mason Road, about 42 miles west of Chicago The property is being...
Commercial Real Estate Direct Staff Report The $210 million CMBS loan against the Eastview Mall and Commons shopping mall and power center in the Rochester, NY, suburb of Victor, NY, has transferred to special servicing as it’s expected to...
REJournalscom Blue Cross Blue Shield has agreed to lease 95,070 square feet of office space at Aon Center, a 27 million-sf office property in downtown Chicago The insurance company is leasing the space from the property’s owner, 601W Cos CBRE...
Financier Carl Icahn has filed a lawsuit against Rialto Capital Advisors, claiming the Miami company had "placed its own interests ahead" of those of CMBS investors in the trust that held what had been a $73 million loan against the Prizm Outlets...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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