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Among the changes to the $30 million in grant funding include making some funding available to potential cannabis dispensaries and related companies that are considering locations in qualified South and West side investment areas.
The company's Denver office is located at 1801 California St. The company's new North American headquarters will be housed at its existing Chicago office at 250 South Wacker Drive. Functional support roles currently housed in several offices around the country will now be based in Milwaukee.
UNIQLO, a Japanese clothing designer and manufacturer, has signed a lease at Bridge Point 78 and will be one of the largest tenants in its six-warehouse, 3.85 million-square-foot complex.
On the Chicago-based REIT's Q3 earning call, Ventas's Debra Cafaro, CEO and chairman, reveals that the portfolio did not receive the strong seasonal lift in occupancy that was expected.
The developers recently launched vertical construction on the 26-acre redevelopment project and also marked the completion of 200,000 square feet of leasing at the project.
Among some of the key prevailing trends in the market include strong activity by food tenants that are expanding or debuting new dining concepts in the area.
Altenau will lead the firm's Debt Capital Markets platform for Chicago and the Midwest. Yarnoff will partner with Altenau in growing the company's business and execution of large, highly complex structured real estate financings as well as middle market financings across all asset types and service lines.
As part of the transaction Prologis plans to sell $3.5 billion of assets including $2.8 billion of non-strategic logistics properties and $700 million of office properties.