Chicago
Developers Secure $96M Financing for West Loop Apartment Project
A joint venture of Chicago-based developers Focus, Melrose Ascension Capital and DAC Developments secured approxiametrly $96 million in financing to… Read more
SVN Chicago Commercial Sells Pilsen Mixed-Use Property
SVN Chicago Commercial’s Cawthon-Labriola Group announced the sale of a six-unit mixed-use building located at 1329 W 18th Street in… Read more
Waterton Acquires The Mason in Chicago’s Fulton Market District
Waterton has acquired The Mason, a 263-unit, 14-story high-rise apartment community in downtown Chicago. Located at 180 N. Ada St.… Read more
Marcus & Millichap Arranges Sale of Indiana Net-Leased Caliber Collision
Marcus & Millichap brokered the sale of a net-leased Caliber Collision property in Greenwood, Indiana, for $3.78 million. The 33,511-square-foot… Read more
Potbelly to be Acquired by Convenience Store Chain RaceTrac for $566M
Chicago-based sandwich chain Potbelly is set to be acquired by convenience store company RaceTrac in a deal valued at $566… Read more
JLL’s Patrick Shields Relocates to Join Boston Team
JLL Capital Markets announced the relocation of managing director Patrick Shields from its Chicago office to partner with managing director Scott Carpenter and strengthen… Read more
Chicago/Midwest People & Company News, week of September 12
The CCIM Institute has announced two landmark partnerships in Kazakhstan and Mexico. The CCIM Institute has partnered with Narxoz Business… Read more
Chicago Bears Commit to New Stadium in Arlington Heights
The National Football League’s Chicago Bears confirmed in a letter to fans that the team plans to build a new fixed-roof stadium… Read more
101-Room Hotel Development Planned for Chicago’s South Side
The Chicago Plan Commission has approved the development of the nationally branded Hampton by Hilton Hotel in the city’s Pullman… Read more
Greenstone Brokers $18M Sale of Skokie Industrial Property
Greenstone Partners completed the $18 million sale of the WiFi Tech Center, a multi-tenant flex industrial property totaling 183,000 square… Read more
GTZ Property Group Buys Former Car Dealership Slated for Retail Redevelopment
GTZ Property Group has purchased the former University Motor Mall property at 6120 S Cedar in Lansing, Michigan, with plans… Read more
Law Firm Akin Opens Downtown Chicago Office
International law firm Akin announced it is opening a Chicago office with four partners who joined from Mayer Brown earlier… Read more
Essex Realty Facilitates $18M Sale of Uptown Mixed-Use Property
Chicago-based Essex Realty Group has completed the sale of The Maynard at 1325 West Wilson Avenue, a 121-unit mixed-use building… Read more
Farbman Group Appointed Receiver of Midwest-Based Properties
Farbman Group announced the temporary assignment of six receiverships throughout the Midwest. Totaling more than 800,000 square feet, the four… Read more
Fulton Market Multifamily Trades in 1031 Exchange
Greenstone Partners has completed the sale of 1151 West Erie Street, a nine-unit multifamily property located at the edge of… Read more
Interra Realty Brokers Sale of West Ridge Apartment Building
Interra Realty brokered the $3.15 million sale of 6254 N. Whipple St. The 16-unit vintage apartment building in Chicago’s West… Read more
Fully Rehabbed Multifamily Property Sells in Irving Park
Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC, recently facilitated the sale of 4129 N. Saint Louis Ave., a recently gut-rehabbed… Read more
Chicago/Midwest People & Company News, week of September 5
NAI Hiffman announced the appointments of four individuals, including two executives, one new hire and one returning team member. Brian… Read more