Globest Sectors

Construction financing and joint venture equity was recently arranged for the Montrose Collective, a four-building mixed-use development with 150,000 square feet of creative office/retail space.

Affordable housing properties just don't have the scale to attract institutional investors.

"A lot of retailers are in junior box and big box are trying to determine the right number of stores they need and the right square footage."

The portfolio consists of more than 1.9 million square feet of space across 11 of the 19 Chicago submarkets. Capital One provided the debt financing for the acquisition. Venture One will continue to manage the portfolio.

The firms secured a three-year, floating-rate loan with Wells Fargo Bank for Park 100 Logistics Center, a newly constructed 730,080-square-foot distribution facility and an adjacent 811,200-square-foot production facility that is under construction.

Following several wins on rent control, apartment renters have the potential to help sway the primaries and general election.

MiSUMi USA plans to take occupancy of its new space in June of this year. The firm is relocating from 1717 Penny Lane in Schaumburg, where it currently leases 32,000 square feet.

Construction of 120 Frontage Road is expected to be completed later this year. The new warehouse will offer a 36-foot clear ceiling height, 19 loading dock doors, one drive-in door and 46 parking spaces.