Chicago
McHugh Construction Completes Uptown Rentals for John Buck
McHugh Construction recently completed Platform 4611, a nine-story mixed-use apartment building developed by The John Buck Company and Free Market… Read more
Elgin Offices Trade with “Tremendous Upside” for New Ownership
Colliers’ Chicago-based Office Capital Markets Team of Alissa Adler and John Homsher, in partnership with Ten-X Commercial Real Estate auction… Read more
Midloch, Fountain Real Estate Sell Last-Mile Industrial in Minneapolis Suburb
Midloch Investment Partners and Fountain Real Estate Capital have sold “Last Mile Penn Industrial” at 9231 Penn Ave. So. in… Read more
Ascentris, CA Ventures Developing Class-A Industrial Buildings in Atlanta
Private equity firm Ascentris, with its development partner, CA Ventures, will construct two Class-A industrial buildings in the Northeast industrial… Read more
The Realities of Adaptive Reuse: Q&A with Waterton’s David Schwartz
Much has been discussed about renovating empty and distressed office buildings into viable multifamily dwellings. But successful adaptive reuse is… Read more
Chicago Loop Alliance to Cohost International Downtown Assn. Conference
The International Downtown Association and Chicago Loop Alliance will cohost the 2023 International Downtown Association’s Annual Conference and Marketplace in… Read more
Interra Realty Brokers Sale of Pilsen Mixed-Use Trio
Interra Realty, a Chicago-based commercial real estate investment services firm, has brokered the $4.18-million sale of a three-building, 33-unit mixed-use… Read more
Logistics Property Co. Begins 665K-SF Development in Oak Forest
Logistics Property Company, LLC (LPC) has commenced construction on a new logistics center in Oak Forest, IL, 24 miles from… Read more
Wisconsin Self-Storage Portfolio Trades to LLC
Marcus & Millichap closed the sale of Lok-Safe Storage, a 487,081-square foot, 12-property self-storage portfolio located in Green Bay, WI.… Read more
Multifamily Investment Trends and Forecasts: Q&A with Cushman & Wakefield’s Susan Tjarksen
Multifamily assets have long been an anchor for many investment portfolios. The question is whether this will continue in today’s… Read more
JLL Elevates Jaymie Gelino to COO, Project and Development Services
JLL announced the appointment of Jaymie Gelino to COO of Project and Development Services (PDS). Effective immediately, she is responsible… Read more
NCPM Expands South Shore Apartment Holdings
A local apartment investor has greatly expanded its holdings in Chicago’s South Shore neighborhood, paying $22 million for two properties… Read more
Schnucks Supermarket in Rockford Trades to California Investor
Quantum Real Estate Advisors brokered the sale of an 82,500-square-foot single-tenant NNN Schnucks grocery store located at 2642 Charles St.,… Read more
Friedman Real Estate Closes Deal for Michigan Warehouse
Friedman Real Estate recently completed the sale of a 123,596-square-foot manufacturing and warehousing facility on 14.97 acres of land in… Read more
Walgreens Cutting 500 Corporate Jobs
Walgreens Boots Alliance Inc. said it will cut 504 employees from its corporate workforce as the drugstore chain moves more… Read more
Valley Bank Hires Midwest Regional President
Valley Bank is expanding its Chicago office with the hiring of Matthew Weidle as first SVP and Midwest regional president.… Read more
Blackstone’s Club Quarters Chicago Appears Headed for Foreclosure
The 429-key Club Quarters Chicago hotel in the Central Loop appears headed to foreclosure after negotiations stalled on a delinquent… Read more
Seefried Breaks Ground on Energy-Efficient Aurora Data Center
Seefried Industrial Properties, along with Endeavour’s Edged Energy division, joined City of Aurora officials and ComEd to kick off construction… Read more
JLL Arranges Debt and Equity on Cleveland Luxury Apartment Project
JLL Capital Markets arranged $38.5 million in construction financing, in addition to co-GP equity, for Residences at Bolivar, a 184-unit,… Read more