More than 200 results for “net lease”
Industrial N Illinois

Records begone: Big Box industrial achieves new highs

| Matt Baker

During this impressive period of economic expansion, 2016 was a banner year for big box industrial absorption with 16.1 million square feet. Even as we get late into the cycle, there’s always the possibility of topping records as that figure rose to 17.4 million square feet last year.

CRE N Illinois

Investors rushing to place capital before expected slowdown later this year

| Matt Baker

In Chicago and nationally, commercial real estate investors, brokers and lenders all agree that the industry will see strong activity for the first half of 2020. However, dynamics such as a decelerating economy, trade conflicts, labor availability and the presidential election may turn some actors into fence-sitters by the second half of the year.

Net Lease N Illinois

JLL completes sale of Starbucks retail location near Chicago

JLL Capital Markets has closed the $1.7 million sale of a 2,100-square-foot, newly constructed, single-tenant retail building net-leased to Starbucks in the Chicago-area community of Hammond, Indiana. JLL marketed the property on behalf of the seller, Luke Land, LLC. A private 1031 buyer out of Maryland purchased the property.

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.

CRE N Illinois

CRE Future Leaders: Mitchell Kiven

Mitchell Kiven, senior associate with Marcus & Millichap’s Chicago Downtown office, specializes in multi-tenant retail and single-tenant net-leased properties. To date, he has done more than $90 million in transactions nationally with companies such as Chase Bank, Starbucks, Dairy Queen, Taco Bell, 7-Eleven, Potbelly, US Bank and Dunkin Donuts.