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Cushman & Wakefield Arranges $12 Million Refinancing for Retail Property in Suburban Chicago

1/16/2019

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Published in The Latest News
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Naperville, Ill. -- Cushman & Wakefield has arranged a $12 million loan for the refinancing of River Square in the Chicago suburb of Naperville, Illinois.
The 58,677-square-foot retail property, located at 22 E. Chicago Ave., is 96 percent leased. Jeffrey Cohen of Cushman & Wakefield arranged the fixed-rate loan on behalf of Clarion Partners and a large overseas pension fund. Voya Investment Management provided the loan. NARE, a local real estate investor, sold the property to Clarion in October.

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Wingspan Development Group

​Illinois Office: 
1001 Feehanville Drive 
Mount Prospect, IL 60056 
Phone: 847.394.6200 

Fax: 847.394.6205 ​

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Suite B 
Milwaukee, WI 53208 
Phone: 262.513.9300 
Fax: 262.513.9400 ​
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