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Finance N Illinois
Five tax advantages of buying a commercial property

Five tax advantages of buying a commercial property

Whether you buy a small apartment or a sizable commercial building, an investment in commercial property typically provides multiple tax breaks for a small company. Your financial or tax advisor can determine exactly how an investment would play out for your business, but many pursue this investment as both a place to run a company and a tax-benefit-rich asset.

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Office N Illinois
200 S. Wacker Drive, Chicago.

Pharmaceutical company Iterum Therapeutics relocates U.S. operations to Chicago

Newmark Knight Frank (NKF) has successfully advised Iterum Therapeutics US Limited, the U.S. subsidiary of Iterum Therapeutics plc, in leasing 10,318 square feet at 200 S. Wacker Drive in Chicago for its U.S. headquarters. Headquartered in Dublin, Ireland, Iterum Therapeutics is a clinical-stage pharmaceutical company dedicated to developing anti-infectives aimed at combatting the global crisis of multi-drug resistant pathogens.

CRE N Illinois
Lakeview mixed-use property sells for $800,000

Lakeview mixed-use property sells for $800,000

Marcus & Millichap announced the sale of a 3,000-square-foot, mixed-use property located at 3155 N. Halsted Street in the Lakeview neighborhood of Chicago, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After attracting multiple offers, the asset sold for $800,000.

Finance N Illinois
Pershing Terminal in Stickney, Illinois.

Wool Finance Partners arranges $4.5M loan

Martin Siegel and Gary Wool of Wool Finance Partners have arranged $4.5 million in financing for Pershing Terminal in Stickney, Illinois. The creative loan structure was secured by a 100-percent-leased, 54-door truck terminal and maintenance facility on a 10-acre site.

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