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The deal for the facility marks the 10th and final acquisition in a Brennan-Arch Street in its current single-tenant, net lease industrial aggregation venture. Brennan and Arch Street report they are launching an eighth venture—USIPA – Brennan Ventures III.
The Class-A facility, located at 150 Whitman Ave. in Edison, will feature 36-foot clear ceiling heights, 23 exterior docks, five trailer positions, parking for up to 62 cars, and one drive-in door.
The combination of DBRS with Morningstar Credit Ratings' U.S. business will expand Morningstar's global asset class coverage and provide an enhanced platform that will provide investors with leading fixed-income analysis and research, the company states.
The first modular three-flat will be installed in the Humboldt Park neighborhood as part of 10 affordable-rate, three-flat apartment buildings assembled on currently vacant lots in the 27th Ward.
The expansion, which will boost Hyatt's luxury portfolio in the Asia Pacific region by 25%, will be comprised of seven new Park Hyatt branded properties and six hotels each under the Grand Hyatt and Andaz brands, as well as two Alila branded resort properties.
S-E-A, an expert forensic engineering and consulting firm, has signed a lease for 33,590 square feet of space with building owner School Health at the recently completed building that serves as the headquarters for School Health.
Last month, Brightmark closed a $260-million financing package for the construction of the plant, which includes $185 million in Indiana green bonds, which were underwritten by Goldman Sachs & Co.
By streamlining administrative practices, the Executive Order will make it easier to open new businesses and grow the economy, particularly in the city's south and west sides.
With the latest transaction, the 55-story 1.53-million-square-foot office tower being developed by the Howard Hughes Corp. and Riverside Investment and Development is now nearly 60% leased.
With the launch, COHESION is now live in a total of 2.1 million square feet across two Chicago Premier Class A properties: 151 North Franklin and 155 North Wacker, developed and managed by The John Buck Co.