Chicago
Plymouth Adds 2 Warehouses to IL Portfolio
The two single-tenant, Class B industrial buildings are located in Elgin and Arlington Heights and cost the buyer $15.7 million.
90 North Makes Promotions at Chicago Office
Martin Ahern and Jay Pacelli, two associate vice presidents with the company, will occupy full vice president positions within the investment and transactions teams.
NAI Hiffman Secures Anchor Tenant for Chicago Retail Center
Living Fresh Market leased approximately 70,000 square feet at Forest Park Plaza in Forest Park, Ill., bringing the shopping center to a 95 percent occupancy.
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.