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Forsythe Technology to Build 221K SF “Retail Plus” Data Center Colocation Facility in Elk Grove Village

Forsythe Technology to Build 221K SF “Retail Plus” Data Center Colocation Facility in Elk Grove Village

IT infrastructure Forsythe Technology recently announced it plans to design and build a state-of-the-art data center facility in Elk Grove Village, Illinois. The new 221,000-square-foot data center aims to address the needs of enterprises that are seeking for the best of both the retail and wholesale colocation data center markets.…

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Village Green Buys Streeterville Apartments, Plans Improvements

Village Green Buys Streeterville Apartments, Plans Improvements

Village Green has acquired a 21-story, 147-apartment community in the Streeterville neighborhood of Chicago. Plans call for a repositioning and rebranding. …

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BYTEGRID Holdings LLC Acquires 70,000 SF Data Center in Aurora

BYTEGRID Holdings LLC Acquires 70,000 SF Data Center in Aurora

BYTEGRID Holdings LLC recently announced the acquisition of a 70,000-square-foot, Tier III data center in Aurora, Ill.…

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TODAY’S DEALS: Cohen Financial Arranges $9,89M+ in Fannie Mae, CMBS financing

TODAY’S DEALS: Cohen Financial Arranges $9,89M+ in Fannie Mae, CMBS financing

Cohen Financial's Dan Rosenberg secured a total of $9.894 million to refinance two multifamily properties; and Marcus & Millichap brokers a seniors housing sale for $33 million. …

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Server Farm Realty LLC Adds Second Data Center in Chicago to Portfolio

Server Farm Realty LLC Adds Second Data Center in Chicago to Portfolio

Server Farm Realty LLC has expanded its presence in the Chicagoland market with the acquisition of a data center facility. The Los Angeles-based company has acquired the data center facility located at 800 and 810 Jorie Boulevard in Oak Brook, Ill. for $16,250,000. The Oak Brook facility becomes the company’s…

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John Hancock Acquires Iconic 200 South Wacker Tower

John Hancock Acquires Iconic 200 South Wacker Tower

After KBS REIT III acquired the 1.5 million-square-foot tower located at 500 West Madison Street in downtown Chicago earlier this month, another skyscraper has changed owners in Chicago. The 40-story 200 South Wacker has been acquired by John Hancock for $214.5 million.…

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KBS REIT III Acquires 500 West Madison and Names Transwestern Exclusive Leasing & Management Agent

KBS REIT III Acquires 500 West Madison and Names Transwestern Exclusive Leasing & Management Agent

Transwestern recently announced it has been named the exclusive leasing agent and property manager for Citigroup Center. Located at 500 West Madison Street in downtown Chicago, the 1.5 million-square-foot Class A mixed-use tower was purchased by KBS Real Estate Investment Trust III for around $425 million plus closing costs.…

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Liberty Property Trust Renews Leases with Five Tenants in Recently Acquired Industrial Buildings

Liberty Property Trust Renews Leases with Five Tenants in Recently Acquired Industrial Buildings

Liberty Property Trust recently announced it has renewed leases with five tenants, totaling 277,495 square feet of industrial space.…

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Zurich North America Reveals Team to Develop and Design New North American Headquarters in Schaumburg

Zurich North America Reveals Team to Develop and Design New North American Headquarters in Schaumburg

Zurich North America recently announced it has entered into agreements with Clayco, Goettsch Partners and CannonDesign for the development and design of their North American headquarters in Schaumburg.…

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Ivanhoé Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio

Ivanhoé Cambridge Adds 1.4 MSF of Office Space to West Loop Portfolio

Ivanhoé Cambridge recently announced that it has expanded its Chicago office portfolio by acquiring twin office buildings 10 and 120 South Riverside Plaza, in partnership with Callahan Capital Properties.…

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Brennan Investment Group and DLJ Real Estate Capital Partners Announce Industrial Development Project

Brennan Investment Group and DLJ Real Estate Capital Partners Announce Industrial Development Project

Brennan Investment Group LLC and DLJ Real Estate Capital Partners LLC recently announced the acquisition of around 8 acres of land in Des Plaines, Illinois.…

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The Opus Group and USAA Real Estate Co. Start Construction on 604,565 SF Speculative Industrial Building

The Opus Group and USAA Real Estate Co. Start Construction on 604,565 SF Speculative Industrial Building

The Opus Group and USAA Real Estate Company recently held a ceremonial groundbreaking ceremony and announced the start of construction on a new 604,565-square-foot speculative industrial building in North Aurora, Illinois.…

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