Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications

JLL capitalizes Marq on Main in suburban Chicago

January 7, 2020
Share on Facebook Share on Twitter Share on LinkedIn Share via email

JLL Capital Markets arranged joint venture equity and financing for Marq on Main, a newly built, fully amenitized, boutique apartment asset in the affluent Chicago suburb of Lisle, Illinois. JLL worked on behalf of Marquette Companies to arrange a joint venture equity partnership with Principal Real Estate Investors. In addition, the team worked on behalf of the new partners to place a fixed-rate loan with a correspondent life company lender.

Marq on Main comprises a mix of 202 condo-quality, one- and two-bedroom units averaging 816 square feet as well as 13,433 square feet of ground-floor retail space. Located at 4755 Main Street, the property’s finishes and amenities include quartz countertops, stainless steel appliances, wood-style flooring, state-of-the-art clubroom, 2,500-square-foot fitness facility, resort-style pool, tech lounge and a 237-stall, heated underground parking garage with electric car charging stations. Completed earlier this year, the transit-oriented property is steps from the Lisle Metra Station and near Interstates 55, 88 and 355, which provides accessibility around the Chicago Metro.

The JLL Capital Markets team representing the Marquette Companies and the newly formed joint venture was led by managing director Matthew Schoenfeldt.

Tags
financeIllinoisJLLlislemultifamilyprincipal real estate investors
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisCRE

First Bank of Highland Park legally changes name to First Bank Chicago

July 1, 2022
TexasMultifamily

Colliers Mortgage closes $25.4M HUD 221(d)(4) loan for The Draper in Garland

July 1, 2022
IllinoisCREOffice

Godfrey Fire Protection District to build $6.5 million fire station and administrative building

July 1, 2022
MichiganIndustrial

Newmark negotiates sale of two-building industrial property in Detroit suburb

July 1, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com