Midwest
Lendlease Chicago Office Awarded Several Green Certifications
The company’s new location landed LEED Silver certification under USGBC’s LEED v4, and became the first 3 Star Fitwel-certified building in the city.
JV Secures $30M for Chicago Mixed-Use Project
Pangea Mortgage Capital and T2 Capital Management worked on behalf of UrbanStreet Group and VennPoint Real Estate to arrange financing for the 225-acre master-planned development at the Motorola Solutions former campus.
Marcus & Millichap Cinches Sale of IN Self-Storage Facility
The company represented the seller of Southside Storage in Bloomington, Ind., which changed hands for $74 per net rentable square foot.
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.
Two Equity Commonwealth Office Assets Fetch $670M
In separate deals, the company has closed on the disposition of both 600 W. Chicago Ave. in Chicago and 1600 Market St. in Philadelphia.
Sterling Bay Buys Chicago Office Tower for $510M
In its largest purchase ever, the REIT snapped up the 1.6 million-square-foot 600 W. Chicago Ave., home to Groupon’s headquarters, from Equity Commonwealth.
Cambria Hotel Coming to Iowa
The hotel, slated to debut in 2019, will be part of the 75-acre TBK Bank Sport Complex BettPlex and High Five family entertainment center.
Crown Tenant Advisors Hires New MDs
Having extensive industry experience, both David Stose and Dennis Yokum will be responsible for the dental, medical and veterinary tenant and buyer representation in the Tennessee area.
Minneapolis DoubleTree Hilton Hotel Changes Hands
The company worked on behalf of the seller for the disposition of the five-story hotel located near the University of Minnesota campus.
Top 8 Chicago Office Completions in 2017
Within the past year, the city welcomed several adaptive-reuse projects as well as two new office towers in its effort to adapt to the growing number of businesses relocating to core areas.