Regions
Premier Redevelops Chicago Freezer Facility
The 110,439-square-foot space is an expansion to an existing cold storage facility part of a 55-acre business park in Northlake, Ill.
Baum Realty Tapped to Market Downtown Chicago Site
The 12,759-square-foot, mixed-use building is very close to the heart of the Bucktown/Wicker Park and features 139 feet of frontage retail space on Damen Avenue as well as an additional 3,885-square-foot parcel to the north.
Newmark Secures $68M Financing for Silicon Valley Assets
The recent long-term financing for two office properties and a big-box retail center brings the firm’s debt transaction volume in these submarkets to $157 million in 2017.
Economy Watch: Fed Sure of Economy, Raises Rates, Promises Asset Sell-Off
The Federal Reserve unanimously decided to raise rates for the second time in 2017, signaling its belief that the U.S. economy is strong enough to handle more expensive financing.
Natixis Scores $39M Loan for Hyatt Acquisition
The Excel Group received a $39 million loan for the acquisition of 200-key Hyatt Place Washington DC/US Capitol, located in the NoMa neighborhood of Washington, D.C.
NKF Adds LA Managing Director
Alex Bergeson specializes in landlord agency office leasing, tenant representation and investment sales. He joins from CBRE, where he managed a 1.5-million-square-foot office portfolio.
Chicago’s Ashland Wellington Plaza Sells for $10 M
Marcus & Millichap represented both the seller and the buyer in the trade of the 19,979-square-foot retail center. The facility is shadow anchored by a Jewel Osco.
Aldi Plans $3.4B Growth Spurt
The German discount grocery chain intends to open 900 additional locations in the U.S., increasing its footprint to 2,500 stores by 2022.
CBRE Secures 1031 Exchange Buyer for LA MOB
The 18,984 square-foot property changed hands for $5.4 million and is fully leased on a long-term basis to Avanti Hospitals.
Boston Revitalization Project Moves Forward
A $1 billion plan will bring 2.3 million square feet of mixed-use, transit-oriented development to Somerville, Mass., over the next two decades.