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Commercial Property Executive AKIRA has agreed to extend its 202,105-square-foot lease at Crossroads Parkway, a 352,338-sf industrial property in Bolingbrook, Ill., a southwestern suburb of Chicago. The fashion retailer, which has occupied space at the property since 2021, was represented ...
The Los Angeles investment firm purchased the property from its developer, Quarterra, formerly known as LMC, which was represented by JLL. The price was not disclosed, but Crain's Chicago Business has reported it as $69 million, or $239,583/unit. JLL, meanwhile, arranged a ...
JRK Property Holdings has acquired the 288-unit Brook on Janes Apartments in Bolingbrook, Ill. The Los Angeles investment firm purchased the property from its developer, Quarterra, formerly known as LMC, which was represented by JLL. The price was not disclosed, ...
The Real Deal Brookfield Properties has paid $98 million, or $76.56/sf, for three industrial buildings totaling 1.28 million square feet in suburban Chicago. The New York investor purchased the properties from DWS. The buildings are at 340 Crossroads Parkway and ...
Northmarq arranged a $47.1 million Freddie Mac loan to facilitate the purchase.
Crain's Chicago Business MLG Capital has paid $72.7 million, or $194,385/unit, for Meadows at River Run, a 374-unit apartment property in Bolingbrook, Ill. The Brookfield, Wis., company purchased the property from Independence Realty Trust, which had acquired it in 2015 ...
The property is fully leased by three tenants that have a weighted average lease term of 2.2 years.
The Real Deal GID has paid $31 million, or $96.57/sf, for the 321,000-square-foot industrial facility at 3 to 9 Timber Court in Bolingbrook, Ill. The Boston investment firm purchased the property from TA Realty, which had acquired it in 2016 ...
The property is fully occupied by Ed Tucker Distribution, a motor vehicle parts seller, which has three and a half years left on its lease agreement. It was built in 1999 and has 167 parking spaces.
The Real Deal Prologis has paid $23 million, or $95.63/sf, for the 240,500-square-foot industrial property at 900 Carlow Drive in Bolingbrook, Ill., about 30 miles west of Chicago. The San Francisco industrial REIT purchased the property from an affiliate of ...
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