Saturday - November 23, 2024
State Tipoffs Involving Illinois Newsletter for Wednesday November 13, 2024 ( 19 items )  

At-Home Entertaining Trends Underscored by Kitchen and Dining Product Growth, Reports Circana
CHICAGO, Illinois, Nov. 13 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release: * * * Consumers invest in gathering spaces as the furniture industry faces broader challenges * * * While many segments of the furniture market are currently seeing flat or declining sales, kitchen and dining furniture sales are experiencing growth, bolstered by a renewed focus on home gatherings, according to recent Circana in  more

Convenience Drives Morning Routines, With 90% of Breakfasts Prepared in 15 Minutes or Less, Circana Reports
CHICAGO, Illinois, Nov. 13 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release on Nov. 12, 2024: * * * Circana's Future of Morning report explores quick meals, beverage trends, and on-the-go dining through 2027 * * * Circana, a leading advisor on the complexity of consumer behavior, today released insights from its Future of Morning (https://www.circana.com/solutions/future-of/) report, highlighting that c  more

GE HealthCare Announces Initiative to Help Address Radiologic Technologist Shortage
CHICAGO, Illinois, Nov. 13 -- G.E. HealthCare issued the following news release on Nov. 12, 2024: * * * * Factors impacting today's critical shortage of radiologic technologists include clinician burnout, the impact of COVID and COVID-related policies, and demand for radiologic technologists outpacing today's number of trained clinicians. * GE HealthCare and AMN Healthcare are working together to enable training and development of the next generation of radiologic technologists to help addres  more

GROWMARK and Indigo Ag Announce Biological and Sustainability Based Strategic Partnership
BLOOMINGTON, Illinois, Nov. 13 -- GROWMARK Inc., an agricultural cooperative serving cooperatives, retailers, businesses and customers, issued the following news release: Indigo Ag and GROWMARK have announced a major multi-year strategic partnership to bring new innovative powder-based biological products and sustainability programming to GROWMARK's member companies and farmers. Now, farmers will be able to conveniently access and benefit from Indigo's market-leading suite of biological and sus  more

ILL. A.G. RAOUL CREATES CONVICTION INTEGRITY UNIT WITHIN ATTORNEY GENERAL'S OFFICE
CHICAGO, Illinois, Nov. 13 -- Illinois Attorney General Kwame Raoul issued the following news release on Nov. 12, 2024: * * * First Statewide Effort to Evaluate Integrity of Convictions, Done in Collaboration with State's Attorneys, Law Enforcement and Criminal Justice Stakeholders * * * Attorney General Kwame Raoul today announced the establishment of the first-ever Conviction Integrity Unit (CIU) within the Attorney General's office, launching Illinois' first targeted effort to evaluate th  more

Illinois Supreme Court Appoints Scott P. Robinson as Resident Circuit Judge in Seventeenth Circuit
SPRINGFIELD, Illinois, Nov. 13 -- The Illinois Supreme Court issued the following news release on Nov. 12, 2024: Justice Lisa Holder White and the Illinois Supreme Court have announced the appointment of Scott P. Robinson as a Resident Circuit Judge in the Seventeenth Judicial Circuit, Second Subcircuit. Mr. Robinson is being appointed to fill the Seventeenth Circuit vacancy created by the appointment of Justice Eugene Doherty to the Appellate Court of Illinois, Fourth Judicial District. Mr. R  more

JLL Closes Sale of Bay Area Biosciences Property
CHICAGO, Illinois, Nov. 13 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * Valent Innovation Center was highly sought after by a variety of institutions, net lease funds, high net worth investors and foreign capital * * * SAN FRANCISCO, Nov. 12, 2024 - JLL Capital Markets announced today that it has closed the sale of Valent Innovation Center, a two-story, 96,535-square-foot R&D asset in San Ramon, California. JLL represented   more

Jones Lang LaSalle: $110M Refinancing Secured for Luxury Waterfront Apartment Community in North Miami Beach
CHICAGO, Illinois, Nov. 13 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates bridge financing for Soleste NoMi Beach, a premier 2023-built apartment community in Miami, Florida * * * MIAMI, Nov. 12, 2024 - JLL Capital Markets announced today that it has secured a $110 million loan for Soleste NoMi Beach, a 367-unit Class-A multifamily community in North Miami Beach, Florida. JLL represented the bo  more

Jones Lang LaSalle: $68.2M Refinancing Secured for Broward County Office Complex
CHICAGO, Illinois, Nov. 13 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets led the financing efforts for Royal Palm I and II, a Class A office property in Plantation, Florida * * * MIAMI, Nov. 12, 2024 - JLL Capital Markets announced today that it has arranged a $68.2 million refinancing for Royal Palm I and II, a two-building, Class A office complex totaling 465,592 square feet in Plantation, Florida. JLL   more

Jones Lang LaSalle: 178K SF Cold Storage Warehouse in Miami, Fla. Trades Hands
CHICAGO, Illinois, Nov. 13 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets secured the sale of the Quirch Foods facility located at 7600 82nd Place * * * MIAMI, Nov. 12, 2024 - JLL Capital Markets announced today the sale of the 178,428-square-foot cold storage facility located at 7600 NW 82nd Place in Miami, Florida. JLL represented the seller in the sale to BGO. Situated on 15 acres, the facility offers   more

Jones Lang LaSalle: Coastal Shopping Center in Solana Beach, Calif. Trades for $32M
CHICAGO, Illinois, Nov. 13 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates successful sale of retail center in San Diego County * * * LOS ANGELES, Nov. 12, 2024 - JLL Capital Markets announced today the $32.125 million sale of Beachwalk Shopping Center, a 55,580-square-foot coastal retail property located in Solana Beach, California. JLL represented the undisclosed Seller in the transaction. Cap  more

Jones Lang LaSalle: Premium Illinois Suburban Open-Air Retail Shopping Center and Medical Asset Trades Hands in South Elgin
CHICAGO, Illinois, Nov. 13 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release on Nov. 12, 2024: * * * JLL Capital Markets facilitates strategic sale of premier mixed-use retail center in Chicago suburb * * * JLL Capital Markets announced today that it has arranged the sale of South Elgin Commons, a 94,508-square-foot destination retail center in South Elgin, Illinois. JLL worked on behalf of the seller, PMAT Real Estate Investments--a n  more

Jones Lang LaSalle: Ridgecut Road Acquires Low-Coverage, Industrial Outdoor Storage Service Facility in Northern New Jersey
CHICAGO, Illinois, Nov. 13 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets arranged the sale of 2461 Iorio Street in Union, NJ * * * MORRISTOWN, N.J., Nov. 12, 2024 - JLL Capital Markets announced today the sale of a low-coverage, industrial service facility on +/-2.5 acres located at 2461 Iorio Street in Union, New Jersey. JLL represented both the buyer and seller in this transaction, with Ridgecut Road ac  more

Kirkland Advises CITIC Capital on Sale in AsiaInfo Technologies
CHICAGO, Illinois, Nov. 13 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised CITIC Capital on its HK$1.46 billion sale of a 20.32% stake in AsiaInfo Technologies Limited (HKSE: 1675) to AsiaInfo Security Technologies Co., Limited (688225.SH). The transaction was signed on January 16, 2024 and closed on November 8, 2024. The Kirkland team included corporate lawyers Joey Chau, Nelson Ni, Sherry Fu and Chuqing Ren. * * * Original text here: https://  more

Mayer Brown Advises Redslim, Its Founders and Management Team Following Investment by Astorg In Partnership With the Management
CHICAGO, Illinois, Nov. 13 -- Mayer Brown, a law firm, issued the following news: Paris - Mayer Brown advised Redslim, its founders and management team, on the structuring aspects of the LBO transaction following the signing of a binding agreement by Astorg Mid-Cap to acquire a majority stake in Redslim. Founders and management team will reinvest significantly in the business. The Founders and management team are fully committed to the next phase of growth in partnership with Astorg. Through t  more

Millikin University & Lake Land College Announce Agreement to Simplify Transfer Process
DECATUR, Illinois, Nov. 13 -- Millikin University issued the following news: * * * The agreement is effective beginning with the 2024-2025 academic year. * * * By Matthew Flaten In a new partnership, Lake Land College graduates will be automatically accepted to Millikin University and be able to complete their Millikin bachelor's degree in two years with full-time enrollment, strengthening the transfer process and providing a seamless transfer experience for students. Lake Land students w  more

NUHS' Dr. Jocelyn Faydenko Highlighted by RAND REACH Center
LOMBARD, Illinois, Nov. 13 -- National University of Health Sciences issued the following news: Congratulations to National University of Health Sciences' (NUHS') faculty member Jocelyn Faydenko, ND, DC, whose commitment to research continues the institution's legacy of excellence. Dr. Faydenko was spotlighted in the October 2024 newsletter of the RAND Research Across Complementary and Integrative Health Institutions (REACH) Center. "My goals are to deepen my research skills to advance as an i  more

TransUnion: Balances and Delinquencies Begin to Stabilize Across Many Credit Products
CHICAGO, Illinois, Nov. 13 (TNSres) -- TransUnion, a risk information provider, issued the following news release: * * * Q3 2024 TransUnion Credit Industry Insights Report explores the latest credit trends * * * Consumer credit balances continued to grow across all credit products during the third quarter of 2024, but in many cases, that growth has slowed. These are among the findings from the newly released Q3 2024 Quarterly Credit Industry Insights Report (CIIR) (https://onlinexperiences.c  more

UL Solutions Expands Mexico Laboratory Capacity to Meet Growing Product Testing Demand in Latin America
NORTHBROOK, Illinois, Nov. 13 -- UL Solutions, a company that says it delivers testing, inspection and certification services, together with software products and advisory offerings, issued the following news release: * * * New testing capabilities for the consumer technology, automotive, and wire and cable industries to help customers with exports to the U.S., Canada and throughout Latin America * * * UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, has expanded its  more