Chicago
Irvine Leases 300 KSF+ of Office Space in Downtown Chicago
More than 20 lease agreements were inked at three Chicago trophy towers: One North Wacker, 300 North LaSalle and 71 South Wacker.
Brennan Investment Unveils 1 MSF Chicagoland Tech Campus
The 85-acre Elk Grove Technology Park project near O’Hare International will deliver four speculative industrial and data center facilities. CBRE is in charge of leasing.
Xebec Targets E-Commerce Assets in Key Markets
HFF has secured a $46 million loan on behalf of the company’s first industrial portfolio, which includes warehouse buildings in Los Angeles and Chicago.
New Harley-Davidson Showroom to Open in Chicago
The company signed a lease for 10,000 square feet of retail space at The Addison & Clark development, across the street from Wrigley Field. The store will be operational in 2018.
Free Market Ventures JV Acquires Chicago Office Asset
The partnership purchased 6400 Shafer Court, which offers 179,442 square feet of space and is currently 88 percent leased to 15 tenants.
WoodSpring Continues to Grow in Chicagoland
The company’s new project marks its third in the area and will be among 15 total properties to be built with development partner Holladay Properties.
Boulder Group Brokers Retail Property Sale
The transaction closed at $2.5 million. The 13,122-square-foot asset is located in Niles, Ill., and is fully leased by MobilityWorks, a provider of wheelchair accessible vans.
Premier Design Breaks Ground on Illinois Distribution Facility
The 133,951-square-foot build-to-suit project will serve as the new North American headquarters for OCM Inc. and Okabe Inc., two subsidiaries of the Japanese company Okabe Co. Ltd.
New Homewood Suites by Hilton Opens in Aurora, IL
The 146-key extended-stay hotel is part of the Meridian Business Park. Sun Development and Management owns the asset that offers a combination of studio, one- and two-bedroom accommodations, with separate living areas.
Newport Nabs Chicago Retail Portfolio for $39M
The two assets are Lincoln Village Shopping Center in Peterson Park and Kedzie Plaza in Brighton Park. Their acquisition adds 214,000 square feet of retail space to the company’s portfolio.