State: Illinois - IL

Crain's Chicago Business Barnes & Thornburg has expanded its footprint at the 1.4 million-square-foot office property at 1 North Wacker Drive in Chicago. The law firm added 29,000 sf and now occupies 125,000 sf in the 50-story tower. Its lease ...

Crain's Chicago Business An affiliate of Fairbourne Properties has paid $122 million, or $174.29/sf, for Village Crossing, a 700,000-square-foot shopping center in the Chicago suburb of Skokie, Ill. The Chicago investor acquired the retail property from Nuveen in a deal ...

Crain's Chicago Business Alpharus Health has paid $27.5 million, or $289.47/sf, for a 95,000-square-foot office building at 315 North Racine Ave. in Chicago's Fulton Market District. The addiction and mental health nonprofit acquired the property from Aberdeen Development, which bought ...

Commercial Real Estate Direct Staff Report JPMorgan Chase Bank, Bank of America, and Deutsche Bank have provided $340 million of floating-rate financing against the 2.5 million-square-foot Franklin office property in Chicago's West Loop neighborhood. The two-year loan, which could be ...

Crain's Chicago Business Laramar Group has paid $165.7 million, or $252,591/unit, for Eleven Thirty, a 656-unit apartment property in Chicago's South Loop neighborhood. The local investor acquired the property, at 1130 South Michigan Ave., from its developer Draper & Kramer, ...

Crain's Chicago Business A venture of RPM Living and New York Life's real estate investment arm has paid $99 million, or $335,593/unit, for the 295-unit Everly at Yorktown Apartments in the Chicago suburb of Lombard, Ill. RPM, of Austin, Texas, ...

CMBS loans against office properties in just five of the country's 387 metropolitan statistical areas account for a little more than one-third of all CMBS office delinquencies.

Crain's Chicago Business Digital Realty Trust is set to pay $90 million for the 108-acre Hawthorne Race Course at 3501 South Laramie Ave. in Stickney, Ill., about nine miles southwest of Chicago. The Austin, Texas, data-center operator is expected to ...

Bill Silverstein, owner of Beal Properties of Chicago, has paid $20.4 million, or $208,163/unit, for the 98-unit apartment property at 1515 North Fremont St. in Chicago. Silverstein acquired the eight-story building from Jack Duncan, an executive at Thesis Investment Group ...