More than 200 results for “JLL”
Office N Illinois

Chicago's "Big Red" nabs $370 million buyer

The John Buck Company (JBC) has reportedly found a buyer for 333 S. Wabash Avenue—the former CNA global headquarters that the developer purchased in 2016 for $108 million. This new transaction will prove to be quite the windfall for JBC, as a group of East Coast investors will acquire the Chicago Loop asset for $370 million.

Finance N Illinois

JLL arranges $57 million loan for extended-stay hotel in Chicago

JLL Capital Markets arranged a $57.58 million refinancing for Home2Suites by Hilton Chicago River North, a newly constructed, 206-suite, extended-stay hotel in Chicago’s downtown River North neighborhood. JLL worked on behalf of the borrower, Akara Partners, to place the floating-rate loan with a global investment management firm.

Net Lease N Illinois

JLL closes $7M sale of TCF National Bank building in Chicago

JLL Capital Markets announced has closed the $7 million sale of a 7,902-square-foot, single-tenant building, triple-net-ground leased to TCF National Bank in Chicago’s Lincoln Park neighborhood. JLL marketed the property on behalf of the seller and procured the Chicago-based buyer, which purchased the asset in a 1031 exchange.

Retail N Illinois

JLL closes sale of Westlake Plaza retail center in Wilmette

JLL closed the sale of Westlake Plaza, a 42,018-square-foot, neighborhood shopping center in Chicago’s affluent Northshore community of Wilmette, Illinois. JLL represented the seller, Chicago-based Newport Capital Partners. A private real estate fund advised by Crow Holdings Capital purchased the asset. Terms of the transaction were not disclosed.

CRE N Illinois

JLL hires Raymond Hall as head of human resources for the Americas

JLL announced the appointment of Raymond Hall as the head of human resources for the Americas. In this role, Hall will lead JLL's HR team in the Americas, partnering with the firm's businesses to acquire, develop, engage and reward employees. He succeeds Mary Bilbrey, who maintains her position as JLL's global chief human resources officer (CHRO).

Office X Missouri

JLL leasing office building in Kansas City's Country Club Plaza

JLLhas been selected as the exclusive leasing partner for 4601 Madison in Kansas City, Missouri. The four-story, 39,547-square-foot office building offers an opportunity for a potential occupier to lease a single-tenant building in Country Club Plaza, a top office and retail destination in the Kansas City market.

Retail N Illinois

JLL closes sale of value-add retail center near Chicago

JLL Capital Markets closed the sale of Broadview Village Square, a 193,536-square-foot, value-add retail center in the Chicago-area community of Broadview, Illinois. JLL managing directors, Amy Sands and Clinton Mitchell, and executive vice president, Janice Sellis, represented the seller. Bridge33 Capital LLC acquired the asset.

Industrial N Illinois

Vienna Beef moving to new headquarters on Chicago's West Side

Chicago-based Dayton Street Partners has leased 2501 West Fulton in Chicago to Vienna Beef. The company will take the whole building when it moves its company headquarters from 2501 North Damen Avenue in the first quarter of 2020. All office and warehouse employees will shift to the new building while manufacturing will remain at the compan…

Finance N Illinois

JLL capitalizes Marq on Main in suburban Chicago

JLL Capital Markets arranged joint venture equity and financing for Marq on Main, a newly built, fully amenitized, boutique apartment asset in the affluent Chicago suburb of Lisle, Illinois. JLL worked on behalf of Marquette Companies to arrange a joint venture equity partnership with Principal Real Estate Investors. In addition, the team w…

CRE N Illinois

Site work commences at former McDonald’s Plaza site in Oak Brook

W.E. O’Neil has broken ground on the site work at the former McDonald’s Plaza in Oak Brook, Illinois. This initial phase includes improvements to the 17.5-acre site in preparation for a large, mixed-use development with apartments, a hotel, restaurants, office and retail space. Developer Hines acquired the property in July 2018.