Chicago
Chicago Loft Office Building Commands Near-Record Price
Marcus & Millichap represented the seller of the four-story West Loop property, which traded for 13.1 million or $436 per square foot.
NAI Hiffman Arranges Large IL Warehouse Lease Expansion
The tenant, JBS Logistics & Warehousing Inc., will occupy close to 400,000 square feet in the Chicago I-88 Corridor submarket.
Chicago’s Green Efforts Turn to Platinum
Launched in 2016, USGBC’s program enables cities to benchmark and communicate the performance of sustainability initiatives across more than a dozen metrics.
Sterling Bay Welcomes Chicago Director
Scott Rafferty will be in charge of consolidating and expanding the company’s relationships with investors, diversifying the portfolio and finding new opportunities for placing capital.
Cabot Properties Buys Chicago-Area Industrial Park
The nearly 900,000-square-foot property in Cicero, Ill., comprises one complete, fully leased building and two in-progress facilities that are slated for delivery by August 2019.
Missner Groups Adds Tech Tenant in Chicago Suburb
Application Software Technology will move into its new space at the Olympian Office Center once the landlord finalizes the build-out.
Summit Design + Build, RDG Funds Renovate Historic Chicago Building
The former Crane Co. Factory Building, located in the West Loop, will be converted into an office asset following a full interior demolition.
Transwestern Adds New SVP to Chicago Office
In her new role, Kathleen Bertrand will lead the leasing and marketing activity at the company’s office projects in the downtown area.
Interra Arranges $6M Sale of Chicago Nursing Facility
The buyer, JK Equities, plans to repurpose the West Loop building and capitalize on its location. The seller was Symphony Pan.
Lynmark Group’s Chicagoland Retail Center Adds Tenants
Wheeling Town Center, which is slated for opening in early 2019, added two new restaurants to its roster, bringing the mall to 83 percent occupancy.