Chicago
Westmount Realty Capital Buys 1.5 MSF Industrial Portfolio in Chicago
Westmount Realty Capital acquired a 1.5 million-square-foot premier Chicago industrial portfolio sited in spots surrounding O’Hare International Airport from KTR Capital Partners.
BYTEGRID Holdings LLC Acquires 70,000 SF Data Center in Aurora
BYTEGRID Holdings LLC recently announced the acquisition of a 70,000-square-foot, Tier III data center in Aurora, Ill.
Transwestern Expands Industrial Reach in Metro Chicago with Acquisition of Epic Realty
Commercial real estate services firm Transwestern has expanded its presence in metropolitan Chicago overnight with the acquisition of industrial real estate group Epic Realty Partners.
Server Farm Realty LLC Adds Second Data Center in Chicago to Portfolio
Server Farm Realty LLC has expanded its presence in the Chicagoland market with the acquisition of a data center facility. The Los Angeles-based company has acquired the data center facility located at 800 and 810 Jorie Boulevard in Oak Brook, Ill. for $16,250,000. The Oak Brook facility becomes the company’s second Chicagoland data center project after it revealed its 450,000-square-foot data center at 840 South Canal Street in Chicago in June last year.
Indcor Grabs 7 MSF Multi-Market Portfolio
IndCor Properties acquired a 7 million-square-foot portfolio of industrial properties located in the key markets of Reno, Las Vegas, Chicago and Southern California.
John Hancock Acquires Iconic 200 South Wacker Tower
After KBS REIT III acquired the 1.5 million-square-foot tower located at 500 West Madison Street in downtown Chicago earlier this month, another skyscraper has changed owners in Chicago. The 40-story 200 South Wacker has been acquired by John Hancock for $214.5 million.
Carey Watermark Investors Buys Renaissance Chicago Downtown for $139M
Carey Watermark lodging REIT picked up the 553-guestroom Renaissance Chicago Downtown Hotel from the Royal Bank of Scotland Group for $139 million, marking downtown Chicago’s largest hotel trade this year.
KBS REIT III Acquires 500 West Madison and Names Transwestern Exclusive Leasing & Management Agent
Transwestern recently announced it has been named the exclusive leasing agent and property manager for Citigroup Center. Located at 500 West Madison Street in downtown Chicago, the 1.5 million-square-foot Class A mixed-use tower was purchased by KBS Real Estate Investment Trust III for around $425 million plus closing costs.
KBS REIT III Closes Chicago’s 500 West Madison for $425M
KBS REIT III has acquired 500 West Madison, also referred to as Citigroup Center, an iconic, 1.5 million-square-foot mixed-use tower in Chicago, for $425 million plus closing costs.
Liberty Property Trust Renews Leases with Five Tenants in Recently Acquired Industrial Buildings
Liberty Property Trust recently announced it has renewed leases with five tenants, totaling 277,495 square feet of industrial space.