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Brookfield Revives GGP Name for Malls
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The North Broadway property was built in 2016 and was fully leased as of December. Tenants include Club Studio, PNC Bank, Starbucks, and Fresh Dental, which have a weighted average lease term of 13.5 years.
Crain's Chicago Business A venture of Eastham Capital and Bender Cos. has paid $24 million, or $142,857/unit, for Flats at Gladstone, a 168-unit apartment property in the Chicago suburb of Glendale Heights, Ill. Eastham, of Boca Raton, Fla., and Bender, ...
The CMBS trusts that hold a $167 million loan against the fee interest in, or ground beneath, the 1.1 million-sf office building at 300 South Riverside Plaza in Chicago have filed to take the asset through foreclosure.
Crain's Chicago Business Wintrust Bank has provided $83 million of financing for the development of the 388-unit apartment property at 1010 South Wells St. in Chicago's South Loop neighborhood. CMK Cos. is developing the complex within the eight-acre Riverline development ...
The Real Deal Fortress Investment Group has paid $50 million, or $95,238/room, for Westin O'Hare, a 525-room hotel in Rosemont, Ill., a northwestern suburb of Chicago. The New York investment manager acquired the property from Clarion Partners, also of New ...
The property opened in early 2023 and is 20 miles west of Chicago. It is 94% occupied by tenants that include Lazy Dog Restaurant and Bar, Panera Bread, Veterinary Emergency Group, and Guidepost Montessori.
Crain's Chicago Business Strategic Properties of North America is offering for sale the 196-unit apartment property at 1250 North LaSalle St. in Chiago's Gold Coast neighborhood. The Lakewood, N.J., investment firm hired Newmark to market the property, which it bought ...
Crain's Chicago Business RPM Living has paid $102 million, or $346,938/unit, for Orland Ridge, a 294-unit apartment property in Orland Park, Ill., a southern suburb of Chicago. The Austin, Texas, multifamily investor bought the property from its developer, a venture ...
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