City: Joliet

Commercial Real Estate Direct Staff Report Namdar Realty Group has acquired the Louis Joliet Mall, a suburban Chicago shopping center that had backed an $85 million CMBS loan. The Great Neck, N.Y., investor, which specializes in buying distressed shopping malls, ...

Crain's Chicago Business Two tenants have agreed to lease a combined 2.2 million square feet of industrial space in suburban Chicago in separate deals. Target Corp. has pre-leased 1.2 million sf at 101 Compass Blvd., which is currently under construction ...

Crain's Chicago Business A venture led by Bank of America has paid $104.4 million, or $104.40/sf, for the 1 million-square-foot industrial property at 3851 Youngs Road in Joliet, Ill. The Charlotte, N.C., investment bank purchased the property from an entity ...

Crain's Chicago Business Amazon.com Inc. has agreed to fully lease a 1 million-square-foot warehouse in the CenterPoint Intermodal Center in Joliet, Ill., about 47 miles southwest of Chicago. The Seattle-based online retail giant is leasing the building from its owner, ...

The suburban Chicago mall was taken through foreclosure late last year by UBS-Barclays Commercial Mortgage Trust, 2012-C2, the CMBS trust that held $85 million of financing against it. The debt is one of four troubled mall loans in the transaction, ...

Commercial Property Executive CenterPoint Properties has broken ground on two industrial buildings totaling 1.9 million square feet in Joliet, Ill., about 50 miles southwest of Chicago. The Chicago developer is building the properties at 4300 and 3301 North Brandon Road, ...