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Antonio Wilson, Capital One                        
 

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Chicago industrial leaders showcase strong market activity and current projects at CIP’s 2016 Development Day

July 28, 2016 Attendees got a chance to network and walk around as featured industrial developers, owners, brokers, municipalities and contractors showcased their business parks, build-to-suits, spec developments, industrial land, and products and services. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News

Whole Foods’ distribution center to make a big impact on Chicago’s South Side, entire Midwest

July 28, 2016 Whole Foods this week began construction of a new Midwest distribution center that will bring more than 100 new jobs to the South Side of Chicago and help the company better serve its growing roster of stores throughout the Midwest. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, Midwest Real Estate News, News

Three new tenants join Wisconsin’s first Portillo’s Hot Dogs in Brookfield

July 27, 2016 The new occupants join the popular Portillo’s Hot Dogs, which recently opened its first Wisconsin location, and Dick’s Sporting Goods, which is expected to open by August 5. Read more...

Midwest Real Estate News, News

Apartment building comprised of micro units near University of Minnesota sells for $9.4M

July 27, 2016 With the smallest studios sized at just 402 square feet, Coze Flats tested the waters for efficient “micro” apartments in the Minneapolis-St. Paul market when it opened in 2014. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

Capital One provides $33.6M term loan for Chicago-area MOB portfolio

July 27, 2016 A joint venture of Harrison Street Real Estate Capital and MedProperties Group purchased the properties. The commitment includes $26.8 million in initial funding, a $6 million tenant improvements/leasing commissions holdback, and a $750,000 capital expenditure holdback. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News

Parking lot in Chicago’s Gold Coast neighborhood acquired for $16.6M for planned condo development

July 27, 2016 Chicago-based Lexington Homes purchased the property, located at 1022-28 N. Dearborn Parkway, from the Ruth Page Foundation for nearly $16.6 million, with plans to develop a 28-story luxury condominium tower on the site. Read more...

Illinois Real Estate Journal, News

Leasing begins at new Fulton River District apartment development, Kenect Chicago

July 27, 2016 Located at 504 and 505 North Green Street on the northwest corner of Milwaukee Avenue and Grand Avenue where they intersect with Halsted Street, Kenect Chicago is a new development consisting of 227 apartment units, 15,000 of street-level retail space and 97 parking spaces. Read more...

Illinois Real Estate Journal, News

First Starbucks location opening up in Cary, Illinois

July 27, 2016 Construction is expected to begin in the late Fall for the highly anticipated new drive-thru Starbucks, which will be located on the corner of Feinberg Drive and Northwest Highway. Read more...

Illinois Real Estate Journal

Illinois Business and Economic Development Corporation rebrands, now known as Intersect Illinois

July 27, 2016 As part of its new identity, Intersect Illinois refreshed its website and directed it to a new url. A more robust website will be developed to better cater to the needs of businesses interested in growing in Illinois. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News

As industrial market soars, more users buying instead of leasing

July 27, 2016 The officials at Elk Grove Village, Illinois-based Brown Commercial Group are seeing a trend: Industrial users today are growing ever more interested in buying their warehouses and distribution centers. More of them are buying instead of leasing space at industrial facilities. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, Midwest Real Estate News, News

KBS Realty Advsiors announces new leases and renewal at Northland Center in Bloomington, Minnesota

July 26, 2016 KBS Realty Advisors announced the signing of three leases totaling 25,121 square feet at Northland Center, a Class A office property in Bloomington, Minnesota. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

Hackman Capital expands industrial footprint in Chicago’s north-side infill submarket

July 26, 2016 The buildings were acquired in a sale-leaseback transaction and total 195,436 square feet. Read more...

Chicago Industrial Properties, News

Hyundai moves into new Central U.S. Regional office in Oakbrook Terrace

July 26, 2016 he multinational automotive company recently completed its move into 18,044 square feet on the top floor of the five-story office building located at 2 Trans Am Plaza Drive. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News

Principle Construction completes construction on two facilities for Saia LTL Freight

July 26, 2016 The two new buildings were completed from the ground up on 33 acres of land. The first building is a 51,000-square-foot 16’ clear height structure that features more than 100 truck dock locations and 9,560 square feet of office space. Read more...

Chicago Industrial Properties, News

HFF secures acquisition loan for five-property Chicagoland industrial portfolio

July 26, 2016 HFF worked on behalf of the borrower, Transwestern Investment Group, to place the five-year, fixed-rate loan with a life company. Read more...

Chicago Industrial Properties, News

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