City: Chicago
Battery Company Leases 67,850-SF Industrial Property in Chicago
The Real Deal NanoGraf has agreed to fully lease Prologis Chicago 10, a 67,850-square-foot industrial property in Chicago. The battery technology company is taking the space from Prologis, a San Francisco industrial REIT that had purchased it in 2020 for ...
124,005-SF Retail Center Near Chicago Trades Hands
Commercial Property Executive Broder & Sachse Real Estate has acquired Downers Park Plaza, a 124,005-square-foot shopping center in Downers Grove, Ill. The purchase price could not yet be learned. The Detroit company purchased the retail property from PMAT, which had ...
Brookfield Pays $98Mln for Suburban Chicago Industrial Properties
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 ...
Law Firm Reducing Office Presence in Chicago
Crain's Chicago Business Crowell & Moring has agreed to lease 50,000 square feet of office space at 300 North LaSalle St. in Chicago. The law firm will relocate from 455 North Cityfront Plaza, where it currently takes 75,000 sf. The ...
Chicago Apartment Property Sells at a Loss for $34.5Mln
Crain's Chicago Business JAB Real Estate has paid $34.5 million, or $425,925/unit, for Aberdeen West Loop, an 81-unit apartment property in Chicago. The local real estate company purchased the property from Waterton, which had acquired it in 2017 for $40 ...
Accesso Partners Defaults on $69.29Mln of CMBS Debt Against Chicago Office Property
The Real Deal Accesso Partners has defaulted on $69.29 million of CMBS debt against the 536,000-square-foot office property at 200 West Monroe St. in Chicago. The Hallandale Beach, Fla., investment firm acquired the property in 2014 as part of a ...
Citi Lends $44Mln Against Chicago Apartment Property
REJournals.com Citigroup has provided $44 million of financing against the 260-unit Duncan Apartments in Chicago. Berkadia arranged the loan, which has a five-year term and pays a fixed rate of 6.67 percent. The loan will be included in an upcoming ...
211 East Chicago Ave.
The American Dental Association is close to striking a deal to sell the 400,000-square-foot office building at 211 East Chicago Ave. in Chicago's Streeterville neighborhood that long has served as the headquarters for the Ann & Robert H. Lurie Children's ...
939 West North Ave.
Farpoint Development has agreed to pay just more than $20 million, or $100.16/sf, for the 199,683 square foot retail and medical office property at 939 West North Ave. in Chicago. The local developer purchased the property from Principal Financial Group, ...
CA Ventures Gives Suburban Chicago Apartments to Lender
Commercial Real Estate Direct Staff Report TPG Real Estate Finance Trust has taken title to the 263-unit Residences at Payton Place apartment property at 3401 West Payton Place in the Chicago suburb of Arlington Heights, Ill. The mortgage REIT took ...
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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.
