Regions Midwest
Transwestern Awarded Leasing, Marketing of Chicago-Area Offices
May 5, 2008

Transwestern's Chicago office has been awarded the leasing and marketing of Olympian Office Center in Lisle, Ill., Continental Towers I, II and III in Rolling Meadows, Ill., and 800 & 810 Jorie Boulevard in Oak Brook, Ill. The combined portfolio totals 1.2 million square feet. The suburban Chicago buildings are all owned by Prime Group Realty Trust. The Transwestern team of Joseph Stevens, Fred Ishler, Dan Svachula and Zachary Fox will lease the properties in conjunction with the marketing efforts of Julie Mertins of Prime Group Realty Trust.

 
Recent Midwest Headlines
Equity Residential Gets $550M Loan
Aug. 28, 2008
Chicago-based Equity Residential Inc. has closed on $550 million in financing, putting up 15 of its multi-family properties as collateral. Originated by Wells Fargo for repurchase by Fannie Mae, the secured interest only loan has an all-in effective interest rate of about 6 percent and matures in 11.5 years, the first 10.5 of which will carry a fixed rate, with the final year carrying a floating rate.
Healthcare REIT Snaps Up Wellness Centers in $100M Sale-Leaseback Deal
Aug. 28, 2008
Four wellness centers operated by Life Time Fitness Inc. have come under the ownership of Senior Housing Properties Trust, courtesy of a $100 million deal. Life Time Fitness will continue to occupy the properties under a triple-net lease agreement through its subsidiary, LTF Real Estate Co.
Fund Invests $44M in Texas, Ohio Student Housing
Aug. 27, 2008
The Place/BV Student Housing Fund L.L.C. continues to make investments in student housing facilities across the United States, with two more announced today. The properties will be developed in Texas and Ohio for $44 million with completion set for next summer.
Tropicana Eyes New Buyer for Indiana Casino
Aug. 25, 2008
Casino Aztar in Evansville, Ind., is reportedly on the block again, but not necessarily to Eldorado Resorts L.L.C. Earlier this year, Casino Aztar owner Tropicana Entertainment L.L.C. agreed to sell the property to Eldorado for $220 million, but Tropicana filed for bankruptcy before the deal was closed.
Kenco Takes Over Management of 1.6 MSF Whirlpool Facility in Columbus
Aug. 25, 2008
Kenco Logistic Services L.L.C. has obtained management rights to a Whirlpool distribution center in Ohio. Kenco will assume control over the 1.6 million-square-foot Whirlpool Distribution Center in Columbus, Ohio, upon its opening in October.