35 results for “Brookfield Properties”
CRE N Illinois

Waterton hires Tara Marszewski as new CFO

Waterton, a national real estate investor and operator, has hired Tara Marszewski as its new chief financial officer. She will replace Doug Denyer, who will remain with the company for the next six to eight weeks to ensure a smooth transition prior to his planned retirement.

Retail N Illinois

Brian Ross joins Starwood Retail Partners as SVP of leasing

Starwood Retail Partners (SRP), the retail operating platform formed by private investment firm Starwood Capital Group, has named Brian Ross senior vice president of leasing. In his new position, Ross will be responsible for the management of SRP’s leasing team, all retail leasing and business development, as well as the strategic planning …

Industrial N Illinois

Industrial activity varied in northwest portion of Chicago MSA

| Matt Baker

Industrial remains king as the northwest portion of the Chicago metro area saw some interesting movement in the first quarter of the year. According to Newmark Knight Frank’s industrial submarket reports, the O’Hare, North/Central DuPage and I-90/Elgin submarkets each saw mostly positive metrics and a high volume of transactions.

CRE N Illinois

Midwest Commercial Real Estate Hall of Fame: John Reilly

Each year, Midwest Real Estate News honors the top CRE professionals in the Midwest in its Commercial Real Estate Hall of Fame issue. This year, we are running those profiles online, too, in the hopes that you will learn what it takes to succeed in the competitive world of commercial real estate.

Office N Illinois

Sullivan Center, iconic Chicago Loop office building, sells for $176M

JLL facilitated the sale and financing of the 833,000-square-foot office component of Sullivan Center, an iconic commercial complex with coveted large floor plates in the heart of Chicago’s Loop. The buyer was New York-based 601W Companies. The sellers, a venture between New York-based private equity firm KKR and Madison Capital, had owned …

Retail N Illinois

Brookfield Property Partners to acquire full ownership of GGP for $15B

Global commercial real estate firm Brookfield Property Partners announced an agreement to acquire the remaining 66 percent of Chicago-based General Growth Properties (GGP), the nation’s second biggest mall owner, for $15.3 billion. The deal includes a $9.25 billion cash offer and approximately 254 million Brookfield Property shares, valued …

CRE Midwest

NGKF arranges sale of ground lease at record low cap rate in Chicago's loop

| Staff Writer

Newmark Grubb Knight Frank (NGKF) has completed the sale of a triple net ground lease located at 137 S. State Street, the Property, for $7,100,000 on behalf of the seller, a local family trust. The Property was sold to a California-based private investor at a record low cap rate of 3.1%, setting an all-time low for comparable ground lease sales.