Chicago & Midwest

Tishman Speyer announced a 10-year, 23,223-square-foot lease expansion with Huntington Bank, expanding its footprint to approximately 60,900 square feet at 222 N. LaSalle Street, a 26-story building in downtown Chicago. Huntington Bank has operated at 222 N. LaSalle since 2011. “Expanding our footprint reflects the momentum we’re seeing across our Chicago business and our long-term …

“I’d like to see developers and architects thinking less product-focused and less supplier-focused, and more solutions-focused,” said Danny Dulkin, President of Consulting & Development at LIVunLtd. At the recent Connect CRE Midwest 2026, Dulkin answered questions about development trends he is seeing across the industry. Speaking to the focus on amenities, he added, “We spend …

Bradford Allen has executed a 60,000-square-foot lease with office supply retailer Quill at 300 Tri State International Drive in Lincolnshire, Illinois. The office is within Tri State Lincolnshire, a five-building, 560,000-square-foot office complex owned, operated and leased by Bradford Allen in Chicago’s northern suburbs. Quill is a provider of office equipment, supplies and technology products …

Krusinski Construction Company (KCC) has begun the construction of a 32,000-square-foot addition to the Loaves & Fishes Community Services Food Distribution Hub at 580 Exchange Court in Aurora, Illinois. With this addition, the building will expand to 62,000 square feet. The 32,000-square-foot expansion will create greater storage capacity, improved distribution efficiencies, and enhanced collaboration capabilities …

Lee & Associates has closed a new lease transaction for a 100,800-square-foot industrial building located at 1215 101st Street in Woodridge, Illinois.  Jeff Galante, SIOR and Jeff Janda, SIOR, principals at Lee & Associates’ Illinois office, represented the owner, Rediehs & Rediehs LLC.  The building was leased by Secure Source America LLC, a manufacturing company. …

Gantry has secured a low-leverage $12 million permanent loan to refinance maturing debt for Rock River Plaza, located in Moline, Illinois. The 389,375-square-foot retail power center is anchored by Walmart and Lowe’s with additional national tenants including Marshalls, Five Guys, Chick-fil-A, Applebee’s, and AT&T. The center serves the Quad Cities trade area from a strategic …

LaSalle Investment Management has acquired Red Cedar Flats, a 190-unit, 436-bed purpose-built student housing community located within walking distance to Michigan State University in East Lansing, Michigan. LaSalle acquired the property on behalf of LaSalle Value Partners IX, alongside joint venture partners King Bridge Partners and Clear Rock Capital. Completed in 2021, Red Cedar Flats …

CBRE has arranged the sale of a 112,862-square-foot industrial property located at 3701 S. Main Street in Elkhart, Indiana. Vault Equity Partners purchased the property from Industrial Commercial Properties (ICP). CBRE’s Will Roberts, Steve Timmel and Chris Deutscher represented the seller in the transaction. “This was a unique opportunity given the asset was a former …

BWE has secured $38.92 million to refinance 194 units of Woodland Park by the Lake, a 240-unit gated condominium community in the Bronzeville neighborhood of Chicago, Illinois. Ryan Morris, vice president, and Max Miller, analyst, both in BWE’s Chicago office, originated the five-year Freddie Mac loan on behalf of the sponsor, a joint venture between …

Chicago-based multifamily brokerage firm Essex Realty Group has been engaged to market for sale 825 E. 61st Street, a newly constructed 60-unit multifamily property located directly across from the University of Chicago campus at the intersection of Hyde Park and Woodlawn. Given the high demand for quality rental housing in the area, this property is …

SVN | Chicago Commercial facilitated the sale of an 18,000-square-foot industrial property at 3450 N. Kostner Avenue in Chicago for $1.43 million. Industrial Advisor Tim Newberg represented the seller in the transaction. The buyer, a Canadian millwork company, acquired the property to support its expansion into the Chicago market. The two-story building features high ceilings, heavy power, …

The Apartment Source has been named the exclusive leasing partner for Montrose Point Apartments, a newly gut-rehabbed 24-unit building located at 821 West Montrose Avenue in Chicago’s Buena Park neighborhood. The property is managed and developed by Rockwell Property Co. Montrose Point Apartments offers one-, two-, and three-bedroom floor plans. “We’re excited to partner with …

Arrow Real Estate Advisors recently arranged a $14.2 million refinance for The Ash, a newly delivered 40-unit multifamily property in Chicago’s Wicker Park neighborhood. The financing was secured as the property continued its lease-up, with occupancy already exceeding 70%, reflecting strong demand for newly delivered multifamily product in one of Chicago’s most competitive rental markets. …

Interra Realty brokered the $5.1 million sale of 2156 and 2158 W. 21st St., a two-building, 24-unit vintage multifamily portfolio in Chicago’s Pilsen neighborhood. The deal equated to $212,500 per unit. Interra Managing Director Jeremy Morton represented the confidential buyer, as well as the private seller. The properties were fully occupied at the time of …

Cushman & Wakefield has brokered the $12.25 million sale of Monon & Main, a four-story, 34,650-square-foot boutique mixed-use office and retail property located at 211 West Main St. in Carmel, Indiana, a northern suburb of Indianapolis. At $354 per square foot, the transaction set a new high-water mark for office sales in Indiana, according to …

Colliers has closed the sale of Avalon Crossing Shopping Center, an 82,847-square-foot neighborhood retail center at 6935, 6920 and 7002 Lake Plaza Drive in Indianapolis, Indiana. Colliers Capital Markets advisors Alex Davenport, Rachel Patten and Alex Cantu, along with Seth Biggerstaff of Veritas Realty, represented the seller, Landmark Properties. The buyer was Ziff Real Estate …