Tishman Speyer Signs 240 KSF Lease Extension in Chicago
A global energy company will continue to occupy the space through 2032.
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A global energy company will continue to occupy the space through 2032.
The post Tishman Speyer Signs 240 KSF Lease Extension in Chicago appeared first on Commercial Property Executive.
Groundbreakings declined sharply this year, compared to the same period in 2024, according to CommercialEdge data.
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The latest update based on U.S. Census Bureau data.
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The property came online in 2019.
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Ingrid Noone and Josh Herrenkohl discuss the telling results of a recent FTI Consulting survey with CPE’s Laura Calugar.
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This facility will come online next year.
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A MetLife Investment Management client purchased the property.
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The lenders are acquiring the property for less than half of its original price.
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And why strategic partnerships are becoming a priority over individual transactions, according to CBRE’s latest research.
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Home Depot has been the facility’s sole tenant since 2007.
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Despite a slowdown, the market continues to lead the nation for development activity, according to CommercialEdge data.
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The company has teamed up with Clous Road Partners to develop the project.
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The Mortgage Bankers Association forecasts a 16 percent year-over-year increase.
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Würth Industry North America picked up the 500,000-square-foot property.
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JLL Capital Markets arranged financing for the spec warehouse and distribution property.
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An educational institution agreed to occupy the space.
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Despite headwinds, these asset classes stand out in CBRE’s latest survey.
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Completion is expected in the first half of 2026.
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The buyer is a faith-based high school.
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The facility will serve as the primary East Coast distribution center for a home consumer products company.
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