Crain's Chicago Business Macy's has agreed to lease a 120,000-square-foot retail property at 9700 South Western Ave. in Evergreen Park, Ill., about 15 miles south of downtown Chicago. CBRE brokered the lease. The building, which has been vacant since 2020, ...
JLL also secured a $45.39 million loan, with a 10-year term, from Angel Oak Commercial Lending. Evergreen Plaza is 94 percent leased.
LBX Investments has paid $67.25 million, or $263.47/sf, for Evergreen Plaza, a 255,249-square-foot retail center in Evergreen Park, Ill., about 15 miles south of downtown Chicago. The Studio City, Calif., investment firm purchased the property from a venture of Lormax ...
The suburban Chicago retail property backs an $18.6 million loan that's securitized through Credit Suisse Commercial Mortgage Trust, 2006-C4. The debt has a 5.94 percent coupon and matures in April 2016.
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