More than 200 results for “lasalle”
CRE N Illinois

JLL Income Property Trust launches 1031 exchange platform

JLL Income Property Trust, an institutionally-managed daily NAV REIT based in Chicago, has launched a 1031 tax-deferred exchange program designed to provide accredited investors with the opportunity to defer taxes on gains from the sale of appreciated real estate. The JLL Exchange (JLLX) program will offer a series of private placements thr…

Retail N Illinois

The Missner Group completes Naf Naf Grill build-out in Chicago

The Missner Group has completed the build-out of a new Naf Naf Grill location at 231 S. LaSalle Street in Chicago. The new Middle Eastern restaurant features a high-end kitchen equipped with a walk-in cooler and a bakery to host the restaurant chain’s signature pita oven. Renovations also included a dining room space and restrooms to serve …

Finance N Illinois

JLL arranges over $17M in financing for suburban Chicago apartments

JLL arranged $17.345 million in financing for Iron Gate, a 180-unit fractured apartment and condominium community in the western Chicago suburb of Glen Ellyn, Illinois. JLL worked on behalf of the borrower, Bear Peak Capital, LLC, to arrange the three-year, floating-rate loan through Bridge Debt Strategies. Loan proceeds will be used to con…

Office N Illinois

Venture Underwriters opens Chicago office

Venture Underwriters Inc., a division of Allstar Financial Group, expanded its Midwest presence with the opening of a new office in the Chicago market. Located at 620 N. LaSalle Street in the River North neighborhood, the new office will be managed by Dan Moran, who has relocated from the company’s San Francisco office.

Finance N Illinois

JLL arranges $9.4M refinancing for Chicago recreational facility

JLL arranged a $9.4 million refinancing for The Armoury, a 46,040-square-foot infill industrial facility repurposed as an entertainment trampoline park and athletic training facility in Chicago. JLL worked on behalf of the borrower, a partnership between Clear Height Properties and Diamond Realty Holdings, to place the 9.4-year, fixed-rate …

Office N Illinois

MBRE, Hilco, Origin joint venture acquires West Loop property

A joint venture that includes senior executives Kevin Purcell and Peter Westmeyer from MB Real Estate (MBRE), Hilco Redevelopment Partners and Origin Investments has acquired 549 W. Randolph Street in the West Loop. MBRE will provide leasing and asset management services for the seven-story, 123,835-square-foot property.

CRE N Illinois

Stuart Sziklas joins LaSalle as head of U.S. custom accounts

LaSalle Investment Management announced that Stuart Sziklas will join the firm as the head of U.S. custom accounts, effective September 3, 2019. Sziklas will relocate from Boston to LaSalle’s global headquarters in Chicago and report to Americas CEO Jason Kern. The appointment coincides with the transition of Karen Brennan to CEO of LaSalle

Retail N Illinois

Luxury haberdashery Syd Jerome doubles Loop footprint

In its second move in 26 years and third in its 60-year history, Syd Jerome, the luxury menswear store, has relocated to a 7,300-square-foot, two-level ground floor location at 20 N. Clark Street, an office tower in Chicago’s Central Loop. The move will provide twice the space of the retailer’s previous location.