Chicago
Trending Capital Sources in 2018
Ginsberg Jacobs’ co-founder provides his outlook for the real estate financing environment for the next 12 months, including which asset classes and capital sources will shine this year.
Starwood Capital Snaps Up Chicago Trophy Tower
ING Capital led a $297.6 million financing package for the acquisition of One South Dearborn, an 827,538-square-foot building at the corner of Dearborn and Madison streets.
Crow Holdings Industrial Appoints New Managing Director
Responsible for growing the firm’s presence in the Chicago area, Matt Kurucz brings 14 years of experience in industrial real estate to the table.
JV Acquires 85-Acre IL Land Parcel
Formerly known as Busse Farm, the land will be used for the development of Elk Grove Technology Park, a 1.2 million-square-foot industrial and data center property.
Iconic Chicago Building’s Reno to Yield Increased Efficiencies
Equity Office, owner of the renowned Willis Tower, has selected technology firm Entic to help incorporate tools and practices at the 4.5 million-square-foot mixed-use office high-rise, which ranks as the tallest in the Windy City.
Montecito Snags 63 KSF Chicago-Area MOB
Built in 2008, Medical Pavilion South is a four-story health-care facility located on the campus of Franciscan Health Dyer Hospital.
NAI Hiffman Closes 3 Chicago-Area Office Transactions
The deals include two leases and one sale in Chicago’s East-West corridor, totaling more than 100,000 square feet in three different suburbs.
Obama Presidential Center Project on Track
After months of negotiations with the community and city legislators, the Obama Foundation has submitted a revised development plan with the City of Chicago for city zoning entitlements, marking the most important step toward breaking ground on the project.
Marcus & Millichap Arranges IL Office Building Sale
The modern, three-story asset is located in Decatur and was bought by a private California investor through a 1031 exchange.
SVN Facilitates Century-Old Chicago Building Sale
Drew Dillon, Chad Schroedl and Scott Maesel led the negotiation efforts on behalf of the seller, Gerding Elden. John Livaditis represented the buyer, RDG Funds.