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CBRE Arranges $33M in Financing for Hyatt Hotel
Phoenix Development Partners used the loan to acquire and renovate the 301-key property located in Deerfield, Ill., off the interchange between interstates 94 and 294.
Summit Design + Build Transforms Chicago Mixed-Use Project
The Clybourn corridor development was originally designed as a 10-story retail and apartment building but due to zoning issues it will be turned into a two-story retail and creative office space.
CPE Asks … About Renovation and Reconstruction
Each month, CPE Asks features insights from leading industry executives on a significant issue. This month we look at tenant requests for upgrades.
Cushman & Wakefield Negotiates Chicago Lease for Publicis
The new agreement includes a 50,000-square-foot expansion for the advertising company, whose office in the Central Loop now spans 681,545 square feet.
CBRE Facilitates Chicago Retail Lease
Senior Vice President Joe Parrott represented the management of Marshfield Plaza, a 452,935-square-foot shopping center located in the city’s South Side.
New Embassy Suites Opens near Indianapolis
The hospitality asset is close to several attractions such as Hamilton Town Center, Ruoff Home Mortgage Music Center, Edge Adventure Parks and the Conner Prairie Living History Museum.
NKF Facilitates 2 Chicago-Area Leases for K2 Express
One of the long-term agreements represents a renewal and expansion lease at a multi-tenant, Prologis-owned building in Franklin Park, Ill. The other deal concerns an adjacent four-acre land parcel.
Community Healthcare Acquires 4 MOBs in Suburban Chicago
Avison Young negotiated the four-building portfolio deal on behalf of the seller, a partnership of physicians associated with Joliet Oncology-Hematology Associates.
Ambrose Finalizes Purchase of Indianapolis Former GM Plant
The company plans to develop a new district on the site which will include office, retail and residential space, as well as a hotel and several public recreational places.
CBRE Brokers First Chicago-Area Lease for iHerb
The 257,344-square-foot distribution center is located in Elgin, Ill., and adds to the other facilities that the retailer occupies in California, Kentucky and Pennsylvania.