Regions Midwest | Chicago
Bus Company Signs 49,000SF Lease in Suburban Chicago
May 09, 2008
National Express, the second largest school bus operator in North America, has signed a long-term lease with Levy Cantera L.L.C. to occupy a nearly 49,000-square-foot call center facility in Warrenville, Ill.
Wal-Mart's Chicago Plans Dashed
May 08, 2008 - Source: Chicago Tribune
Failing to make the Windy City its jumping-off point for urban expansion, the retailer is instead looking just outside Chicago's city limits.
550 west washington $72M Financing Closes for Windy City Office
May 07, 2008
A financing package valued at $72.1 million has been put in place for the 371,400-square-foot office building at 550 West Washington in Chicago.
AMB  Leases 126,000 SF in Chicago Development
May 07, 2008
AMB Property Corp. has announced it has leased approximately 126,000 square feet in a Chicago development to Ashley Furniture, an industry leading manufacturer of quality furniture products.
NorthMarq Mortgage for River West Lofts in Chicago
May 07, 2008
Sue Blumberg, senior vice president and managing director of NorthMarq Capital Inc.’s Chicago Regional office, arranged third mortgage financing of $3.9 million for River West Lofts, a 158-unit multi-family property, located in Chicago, Ill.
Transwestern. Transwestern to Market 1.2M SF of Suburban Chicago Office for Prime Group
May 06, 2008
The Chicago office of Transwestern has received the assignment to market and lease 1.2 million square feet of Class A office space in Chicago’s western and northwestern suburbs from owner Prime Group Realty Trust.
Chicago-Based Equibase Capital Makes Bridge Loan to Abbott Boston Development
May 06, 2008
Equibase Capital Group L.L.C., a provider of mezzanine capital to the real estate industry based in Chicago, has announced it has made a bridge loan to Abbott Real Estate Development, a residential development firm located in Boston.
Transwestern Awarded Leasing, Marketing of Chicago-Area Offices
May 05, 2008
Transwestern's Chicago office has been awarded the leasing and marketing of Olympian Office Center in Lisle, Ill., Continental Towers I, II and III in Rolling Meadows, Ill., and 800 & 810 Jorie Boulevard in Oak Brook, Ill.
Chicago Children's Museum Lowers Profile to Comply With Regulations
May 02, 2008 - Source: Chicago Tribune
According to new plans unveiled Friday, the proposed museum will no longer have 16-foot skylight structures and has relocated a pavilion.
Chicago CBD Office Market Sees Impact of Uncertain Times
May 02, 2008
The office market in Downtown Chicago experienced an uptick in vacancies, and a chunk of negative absorption in the first quarter of 2008, according to a report released this week by locally based MB Real Estate (the report also covered suburban Chicago). 
Sperry Van Ness Chicago Completes Merger with Fisher, Sears and Associates
April 30, 2008
Sperry Van Ness Chicago announced the firm's merger with Fisher/Sears and Associates Inc., which will serve as the exclusive multi-family sales division for the company.
GE Provides $100M to Recapitalize 330 Wabash in Chicago
April 28, 2008
GE Real Estate has announced it provided a $100 million on-book bridge loan to an affiliate of Prime Group Realty Trust to recapitalize and reposition 330 N. Wabash, a Class A office building located in the River North area of Chicago, Ill.
515 North State Street Chicago's State Street Office Tower for Sale
April 23, 2008
The 622,500-square-foot 515 N. State Street building in Chicago, also known as the AMA Building after its lead tenant, is for sale. The property is just north of Chicago's Loop and west of North Michigan Ave.
South Shore Apartments on Block in Chicago
April 22, 2008
Three high-rise apartment buildings in Chicago's South Shore neighborhood have been put on the market for an aggregate list price of $50.8 million. All together, the buildings total 528 units.
Trane Signs Full Building Lease Renewal in Willowbrook Illinois
April 14, 2008
Prime Group Realty Trust has reported that it has renewed Tran Inc. to its full building, 50,000-square-foot lease at 7100 Madison Street in Willowbrook, Ill.
mhnchicago Branding, Green, TOD among Topics Discussed at Multi-Housing Forum
April 14, 2008
How to make the most of your real estate brand was spotlighted yesterday in a panel titled "Achieving Peak Occupancy with Effective Branding," one of nine sessions during the inaugural session at Multi-Housing Forum, held in Chicago.
Suburban Chicago Hotel Comes Under New Ownership
April 14, 2008
Noble Investment Group has just acquired AmeriSuites in Schaumburg, Ill., a 126-room hotel just outside of Chicago. Noble made the purchase through its current discretionary private equity real estate fund, Noble Hospitality Fund L.L.C.
AFIAA Buys 159,800-Square-Foot Chicago Retail Plaza
April 10, 2008
Zurich, Switzerland-based AFIAA purchased the 159,800-square-foot Elston Logan Plaza shopping center in Chicago from a joint venture between Joseph Freed and Associates L.L.C. and Wynn and Associates
First Industrial Realty Sells 4 Midwest Buildings
April 08, 2008
A four-building industrial portfolio totaling 355,000 square feet was sold by First Industrial Realty Trust Inc., according to Converse Capital L.L.C, which facilitated the sale on behalf of the seller.
UBS Hines Fund Snaps Up 1.4MSF Chicago Office Property for $540M
April 04, 2008
A subsidiary of Hines U.S. Core Office Fund L.P., an investment vehicle of international real state firm Hines, has just taken the 1.4 million-square-foot One North Wacker office property off the hands of a German investment fund operating under the guidance of RREEF.
Landmark Chicago Building to Be Sold, Leased Back
April 03, 2008
Bank of America Corp. is reportedly putting the 135 S. LaSalle St. building in Downtown Chicago on the block. If all goes according to plan, the bank will then lease back the space it occupies in the building--most of its total of 1.25 million square feet.
John Buck Co., Abu Dhabi Conglomerate Set Up JV
March 31, 2008
In a potential home-and-away deal for the John Buck Co., Mubadala Development Co., a state-owned corporation in Abu Dhabi, United Arab Emirates, is not only partnering with the Chicago-based developer in John Buck International, a new joint venture, but also in negotiation to buy a minority stake in the parent company.
Prime Group Announces Refinancing of 330 North Wabash
March 25, 2008
Prime Group Realty Trust's affiliate that sold floors 2 through 13 of 330 N. Wabash Ave. to a hotel developer last week, simultaneously refinanced the remaining portion of the property.
208 South LaSalle $394M Financing in Place for Redevelopment of Landmark Chicago Office Tower
March 25, 2008
The historic office structure at 208 South LaSalle Street in Downtown Chicago is about to get more than a facelift, now that owner The Prime Group Inc. has secured an aggregate $393.6 million financing package for the building's reincarnation as a hotel and office property.
wabash Prime Group Sells 12 Floors of Former IBM Building for New Chicago Hotel
March 19, 2008
Twelve floors of Chicago's 330 N. Wabash Ave.--the former IBM building--have been sold by Prime Group Realty Trust to Modern Magic Hotel L.L.C., a joint venture of an affiliate of Oxford Capital Group L.L.C. and LaSalle Hotel Properties.
 

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