State: Illinois - IL

Amazon.com Inc. has paid $195 million, or nearly $342/sf, for the 571,423-square-foot industrial property at 1237 West Division St. in Chicago's Goose Island neighborhood. The e-commerce giant bought the two-story building—the first multi-story distribution facility in the Midwest—from its developer, ...

Crain's Chicago Business Newcastle Investors has lined up a $24.7 million Fannie Mae loan against Reside on Jackson, a 93-unit apartment property in Chicago. Northmarq arranged the five-year, fixed-rate mortgage, which allowed Newcastle to retire the balance of a $29.1 ...

The $5.15 million sale of the commercial space and parking garage at the 1,639-room Palmer House Hotel in Chicago resulted in the near wipe-out of the $57.68 million CMBS loan against it. The space—54,136 square feet of retail space, 14,400 ...

Crain's Chicago Business Lululemon has agreed to lease 12,000 square feet of retail space at the base of Tribune Tower, a 162-unit condominium property along Chicago's Magnificent Mile, a popular retail corridor. The athletic apparel company also has stores at ...

Crain's Chicago Business Nuveen has paid $91 million, or $473,958/unit, for the 192-unit apartment complex at 255 North Addison Ave. in the Chicago suburb of Elmhurst, Ill. The New York investment manager acquired the property from its developer, Morningside, which ...

The amount of office space available for sublease in Chicago continues to decline. But it's not necessarily because availabilities are being filled. Instead, many are becoming direct availabilities.