Chicago
Michael Madden Joins Cushman & Wakefield with Focus on Suburban Occupiers
Michael Madden has joined Cushman & Wakefield as director in the firm’s Occupier Services group. He joins Cushman & Wakefield… Read more
Marcus & Millichap Finalizes Sale of Hebron Industrial
Marcus & Millichap closed the sale of 11414 Maple Ave., an industrial property located in Hebron, IL. Terms of the sale were not… Read more
Chicago Industrial Transaction Volume Strong in Q1, Yet Sublease Space Ticks Upward
The fundamentals of Chicago’s industrial market remained steady in the first quarter of 2023 as the overall vacancy rate remained… Read more
Hanley Arranges Sales of Three Walgreens Stores in IL, MN and FL
Hanley Investment Group Real Estate Advisors arranged the sales of three single-tenant net-leased retail properties occupied by Walgreens in three… Read more
Draper and Kramer Arranges $54M Financing for Merrillville Luxury Multifamily
VP Mark Perkowski of Draper and Kramer’s Commercial Finance Group arranged a $54-million loan on behalf of Weiss Entities for Prairie… Read more
RMK Tapped to Manage Rental Townhomes, Single-Family Rentals in Gilberts
RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for Conservancy at Gilberts, a… Read more
ML Realty Completes 639K SF of Chicagoland Leases
ML Realty Partners has completed 638,973 square feet in Chicagoland industrial lease transactions as follows: “ML Realty Partners’ commitment to owning and developing functional… Read more
Flex Industrial Portfolio in Lisle and Northbrook Trades to West Coast Buyer
Greenstone Partners, a leading commercial real estate brokerage firm in Chicago, closed the $9.4-million sale of the Chicago MSA Flex-Industrial… Read more
JV of PCCP, Stotan Industrial Launches Spec Warehouse in Mount Prospect
A joint venture of PCCP, LLC and Stotan Industrial has commenced the speculative development of a Class A, 100,400-square-foot industrial building situated… Read more
Finger Companies Sees First Move-Ins at New Schaumburg Apartments
Houston-based the Finger Companies has welcomed the first move-ins at The Quin, a four-story, 373-unit rental community at 2450 Plum Grove Road in Schaumburg,… Read more
JV of Venture One, DRA Recapitalizes Industrial Portfolio for Nearly $369M
Rosemont, IL-based Venture One Real Estate has formed a joint venture with New York City-based DRA Advisors to take over… Read more
Red Oak Provides Bridge Loan on Hoffman Estates Offices
Red Oak Capital Holdings, a Grand Rapids, MI-based commercial real estate finance company, has provided an $8.3-million bridge loan for Prairie Stone… Read more
S&C Electric Plans Manufacturing Expansion with 275K-SF Palatine Facility
Electrical grid company S&C Electric will expand its U.S. manufacturing footprint with a 275,000-square-foot facility in Palatine, IL, approximately 25… Read more
Lee IL Arranges Lease for Seller of High-End Hot Tubs
Lee & Associates negotiated a $1.4-million lease of 7,667 square feet of regional retail space located at Hawthorn Mills Square… Read more
LLCs Swap Ownership of Merrillville Retail Center
Marcus & Millichap closed the sale of Century Plaza, a 18,215-square foot retail property located in Merrillville, IN, within the Chicago MSA.… Read more
CBRE Arranges Lease for Third Chicago-Area Signature Fitness
CBRE arranged a 37,000-square-foot retail anchor lease at Prairie Towne Center in Schaumburg, IL. Signature Fitness has signed a lease… Read more
Evergreen Tops Off 80-Unit Seniors Apartments in Bellwood
Evergreen Real Estate Group has topped off construction of bellwood Senior Apartments, an 80-unit affordable rental community located at 542 25th Ave.… Read more
Colliers’ Lynn Reich to Retire After Unparalleled 44-Year Career
After a storied, 44-year career in Chicago’s commercial real estate industry, Colliers EVP Lynn Reich has announced her retirement. A trailblazer in a… Read more
Marcus & Millichap Team Closes Deal for Woodridge Retail Center
Marcus & Millichap closed the sale of Main Street at Seven Bridges, a 49,115-square foot mixed-use property located in Woodridge, IL.… Read more