Associated Bank Closes $11.7M Construction Loan for Bannockburn Shopping Center Development

Reuters

2025/11/13

Associated Bank Closes $11.7M Construction Loan for Bannockburn Shopping Center Development

Associated Bank has closed an $11.7 million construction loan with GTZ Properties for the development of a four-building, multi-tenant shopping center on a vacant parcel at 1300 Half Day Road in Bannockburn, Illinois. The 23,864 square foot project, adjacent to Mariano's and across from Heinen's grocery stores, is 93 percent pre-leased to tenants including Wells Fargo Bank, Chipotle Mexican Grill, Heart Certified Auto Care, Just Salad, and a nail salon. The Gardner School is also purchasing a parcel to build an early-childhood education center as the fifth building on the property. The shopping center is scheduled for completion in summer 2026. This marks Associated Bank's 16th financing partnership with GTZ Properties principal Mitch Goltz.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Associated Banc-Corp published the original content used to generate this news brief on November 12, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/ASB\">Associated Banc-Corp</a> published the original content used to generate this news brief on November 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2236285917.USD","symbol_name":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251112:nNDL5zryX7:1","article_id":"2583558165","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583558165","pubTimestamp":1762987831,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Associated Bank has closed an $11.7 million construction loan with GTZ Properties for the development of a four-building, multi-tenant shopping center on a vacant parcel at 1300 Half Day Road in Bannockburn, Illinois. 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The 23,864 square foot project, adjacent to Mariano's and across from Heinen's grocery stores, is 93 percent pre-leased to tenants including Wells Fargo Bank, Chipotle Mexican Grill, Heart Certified Auto Care, Just Salad, and a nail salon. The Gardner School is also purchasing a parcel to build an early-childhood education center as the fifth building on the property. The shopping center is scheduled for completion in summer 2026. This marks Associated Bank's 16th financing partnership with GTZ Properties principal Mitch Goltz.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Associated Banc-Corp published the original content used to generate this news brief on November 12, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}