Chicago
HSA, Clarion Partners Break Ground on 758 KSF Chicago Warehouse
The partners will develop the state-of-the-art facility in Shorewood, Ill., at the Heartland Corporate Center along the I-55 corridor, where demand for industrial space remains strong.
Inland Private Capital Closes $46M Portfolio Sale
Sold through a 1031 investment program, the portfolio comprises a total of 115,503 square feet of medical office space in Illinois and Massachusetts.
Apple-Led JV Expedites Renewable Energy Developments
The tech giant is partnering with Akamai, Etsy and Swiss Re to develop two new wind and solar energy farms in Illinois and Virginia.
Clear Height Snags 4-Property Portfolio in Chicago
The assets total 522,000 square feet and include both office and flex space. Transwestern brokered the transaction on behalf of the seller, Denholtz Associates.
What’s Driving Suburban Office Investment in Chicago?
While CBD in-migration continues to drive office demand in the Windy City and throughout the country, a resurgence is starting to occur in some of the city’s submarkets, explains Transwestern Senior Vice President Zach Fox.
Group RMC Lands $63M for Chicago Office Purchase
JLL Capital Markets arranged the loan through Morgan Stanley, to facilitate the company’s acquisition of a three-building Class A campus in the metro’s East-West corridor.
Stan Johnson Arranges Sale of Chicago-Area Flex Building
Crystal Acquisitions paid $11.4 million for the Arlington Heights asset, which is fully occupied by two tenants: Intertek and Gigenet.
Missner Group Breaks Ground on Illinois Industrial Project
The 173,000-square-foot 88 Orchard in Aurora will be located on a 9.7-acre site and will feature 32-foot clear heights and a 12-trailer parking lot. Construction is scheduled for completion by spring 2019.
First Hilton Tri-Branded Hotel Opens in Chicago
The property includes Hilton Garden Inn Chicago McCormick Place, Hampton Inn by Hilton Chicago McCormick Place and Home2 Suites by Hilton Chicago McCormick Place.
Goldman Sachs Buys 830 KSF Midwest Industrial Portfolio
Spanning six cities in Cook and DuPage counties in Illinois, the 10 properties give the company a presence in three strong Windy City submarkets.