Community Corner

🌱 Patch AM: How will an $800M deal reshape Oakbrook Center’s future?

Coming up on the Oak Brook Patch calendar: The First Official BBQ Authority Warehouse Sale

Patch AM Team's profile picture
Patch AM Team, Patch StaffVerified Patch Staff Badge
Wednesday September 23rd Patch AM
Wednesday September 23rd Patch AM (Patch graphic)

Hi there, Oak Brook! We've got your morning read ready! Read on to stay connected. ☀️

In today's newsletter:

  • How will an $800M deal reshape Oakbrook Center's future?
  • Oak Brook's CenterPoint names a permanent CFO—what it means locally

Also on today's calendar: The First Official BBQ Authority Warehouse Sale and 9 more events.

Today's riddle: Is there anybody completely useless? 🤔 (Answer below!)

Weather forecast:

  • Wednesday: Cloudy, with a high of 66 and low of 57 degrees.
  • Thursday: Periods of clouds and sun, temps: high: 69, low: 55.
  • Friday: Sunshine and a few clouds, with a high of 68 and low of 52 degrees.

📰 News we're reading

• Brookfield's GGP Lines Up $800M CMBS Refi Of 2.4M SF Suburban Chicago Mall (bisnow.com) — A major $800 million refinancing is in the works for Oakbrook Center, the Class-A mall in Oak Brook, potentially shaping future investment and stability at this key local shopping hub. The new CMBS loan will replace existing debt, cover penalties and costs, and return equity to owners, following years of strong sales growth and high occupancy at the center.
   

• CenterPoint appoints permanent finance chief; Stream adds Chicago office broker; JLL hire chases Atlanta apartment deals (costar.com) — Oak Brook-based CenterPoint Properties has made Ross Straseske its permanent chief financial officer, solidifying leadership at one of the area's major industrial real estate firms. The article also notes several other real estate executive moves in Chicago, Atlanta, New York, Virginia, Seattle, and beyond, underscoring continued churn and opportunity in the national property sector.
   

📸 Around Oak Brook

Show off your photography skills and the sights around town! Click here to submit your Photo of the Day to Patch AM!

🗓 Upcoming Events in Oak Brook

Add your event to our calendar and newsletter!

★ Featured events ★

Want to see your event featured? Click here!

Other local events

📣 Oak Brook Shout Outs!

Want to say something great about someone in town? Click here to submit your Shout Out to Patch AM! It's free!

Have we missed something on our calendar? Add an event yourself! As always, before attending confirm event details to ensure accuracy.

 

Thank you 👏👏👏 to these businesses for making Oak Brook PatchAM possible:

Click here to show your appreciation! 💚

Want to see your business here? Click here to connect with local customers.

💬 Chatter

What your neighbors are talking about on social media

  • The Cheesecake Factory posted a job opening for Back Server in Oak Brook. Apply here.
  • Troon posted a job opening for Server in Oak Brook. Apply here. You can search for other jobs near Oak Brook here.

🗞 Nearby News

Hinsdale

  • Hinsdale's Assistance League of Chicagoland West marks 30 years of helping (chicagotribune.com)
  • Hinsdale Leader Accuses Local Conservative Of Politicizing 9/11 (patch.com)
  • Honing Their Edge: Two smaller grocers hold their own (bluebookservices.com)

Westmont

Elmhurst

  • Elmhurst Pedestrian Bridge Coming, But Rubs Neighbors Wrong Way (patch.com)
  • Elmhurst Man Points Gun At Others At Home: Cops (patch.com)

Ok Oak Brook! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!

-- The Patch AM Team

P.S. The answer to today's riddle: No because they can always be used as a bad example! (Thank you Gary M. for sending it in!)
Got a good riddle for PatchAM? Submit it here!

👉 Help make Patch AM better

We use a combination of real people and machines to tell you what's happening around town. Learn more about Patch AM.

Share to NextDoor     Share to Facebook

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Oak Brook