Chicago
Chicago Freezer Facility Lands New Tenants
Frozen Assets Cold Storage will occupy more than 50 percent of Bridge Point Northlake, a cold storage facility in Northlake, Ill. The lease was brokered by Bridge Development Partners.
JW Marriott Chicago Lands $270M Natixis Refi
The 610-key luxury hotel, which opened seven years ago, is located in the former Continental & Commercial National Bank Building in the city’s downtown Loop.
Transwestern’s Midwest Asset Services Group Gets New Leaders
Micah Larmie and Katie Sakach were promoted to oversee the company’s management portfolio in the Midwest, which encompasses more than 19 million square feet.
Bridge Development Completes 2 Chicago Industrial Deals
The company sold a four-property portfolio in the O’Hare submarket for $69 million and purchased a 48-acre industrial site in Franklin Park.
Joe & The Juice Coming to Chicago
A team of brokers from CBRE represented the Danish company in closing on three lease agreements in three neighborhoods in Chicago. These locations will be the first ones the beverage provider will open in the Midwest.
GGP Starts Renovation of New HQ
The company tapped Skender Construction to renovate its new office at River North Point in Chicago. The project is slated for completion by January 2018.
Novak Construction Delivers New Portillo’s Restaurant
The 9,000-square-foot property was built on the former site of Motel 6 in Normal, Ill., and marks Novak’s sixth development for the retailer.
Structured Development Plans New Chicago Building
Structured Development plans a mixed-use building in one of the few remaining large sites near the North Branch Industrial Corridor. Construction will begin in the first part of 2018.
Furniture Distribution Company Inks New Chicago Lease
A team of brokers from NAI Hiffman represented G Furniture Inc. in a new agreement for a space at Sun Gate Park. The company will relocate its Chicago distribution center to Lawndale for better transit infrastructure.
Ridge Breaks Ground on 186 KSF Industrial Asset
Dubbed Ridge Brewster Creek II, the project is slotted for completion by December 2017. Newmark Knight Frank will handle leasing for the development.