Chicago
Large Buildout Complete on 375 KSF Chicago Warehouse
Local company Principle Construction has finished substantial improvements for the tenant, which signed one of the largest recent industrial leases in the Chicago area.
Distribution Realty, EverWest Plan Chicago-Area Spec Warehouse
The industrial property will contain nearly 200,000 square feet in Chicago’s O’Hare submarket. JLL’s Sam Durkin and Dominic Carbonari will market the asset.
601W Cos. Buys Chicago’s Sullivan Center Office Space for $176M
JLL’s Capital Markets group handled the sale and arranged acquisition financing for the New York City-based company, which purchased the property from a joint venture of KKR and Madison Capital.
601W Cos. Welcomes New Tenant at Chicago’s Aon Center
The Telos Group represented the landlord in closing a lease with Kemper Corp. for two floors. This marks the first major deal since the tower’s renovation started.
Chicago, Airlines Ink $8.5B Expansion at O’Hare
The deal marks the largest capital expansion in the airport’s history, as well as the first major terminal improvement project in 25 years.
CubeSmart To Open in Chicago
The 65,000-square-foot facility is situated in Chicago’s commercial and retail corridor, alongside Touhy Avenue. CubeSmart will manage the property on behalf of the owner, Bloomfield Capital.
High Street Realty Buys Chicago Industrial Portfolio for $86M
JLL’s Capital Markets team facilitated the transaction, which included 11 institutional-quality, value-add properties totaling nearly 1.2 million square feet.
Ventas Taps New EVP Office, President of Lillibridge Healthcare
Peter Bulgarelli will lead the company’s integrated 25 million-square-foot ambulatory medical office building and university-based life science portfolio.
American Bar Association Renews Chicago Lease
A team of brokers from Savills Studley, led by Eric Feinberg and John Goodman, negotiated the lease expansion on behalf of the organization. The agreement includes tenant improvement concessions and lower rent expenses.
Bluemercury Comes to Chicago’s Fulton Market
The luxury beauty and spa chain signed a lease for 1,800 square feet at the 900 West mixed-use development. The store is expected to open in the summer of 2018.