Midwest

GLP Expands US Holdings in Chicago

The Singapore-based company now owns more than 11 million square feet of industrial space in the Windy City market.

Caterpillar Uproots HQ from Peoria

The company decided to abandon its previous plan to build a headquarters complex and will be leasing office space in the Chicago area instead.

Key Center

Cleveland’s Key Center Sells for $268M

The 1.3 million-square-foot property, which includes the tallest building in Ohio, is back in the hands of a local owner.

Sears Exterior

CBL Snags 7 Sears Outposts for Redevelopment

The company purchased five department stores and two auto centers in a sale-leaseback transaction valued at $72.5 million.

New York Life Secures Financing for Chicago High-Rise

The 30-story, Class A office property was recently acquired by LaSalle Investment Management for $147 million.

Illinois Science & Tech Campus Commands $77M

Seller Forest City acquired the bioscience, pharmaceutical and nanotechnology park more than a decade ago.

Hunt Mortgage Group Expands Its Chicago Team

In his new role, Ted Nasca will focus on sourcing lending opportunities and providing bridge financing to clients in the Midwest and Southern California.

Hilton to Open First Triple-Branded Hotel

The new property will be located next to North America’s largest convention center, McCormick Place in Chicago.

Scott McKibben

Chicago Industrial Portfolio Changes Hands

Brennan Investment Group is the new owner of 30 industrial buildings totaling more than 2 million square feet.

Phillips Edison & Co. Announces Promotions

All three executives are active leaders with the International Council of Shopping Centers.