Chicago
Greenstone Partners Brokers Multi-Tenant Deal For $11.5M
Greenstone Partners has brokered the sale of 821 W. Eastman, a 23,150-square-foot multi-tenant property in Chicago’s Lincoln Park neighborhood, for… Read more
Old Second Expands Chicago Footprint in $197M Evergreen Acquisition
Old Second Bancorp has agreed to acquire Bancorp Financial, the parent company of Evergreen Bank Group, in a cash-and-stock transaction… Read more
Marcus & Millichap Brokers Sale of Arlington Heights Apartments
Marcus & Millichap has completed the sale of Dryden Apartments, a 100-unit property located in Arlington Heights, Illinois. Ryan D.… Read more
Clear Height Properties JV Acquires Light Industrial Building in Lisle
A joint venture partnership between Oak Brook, Illinois-based real estate investor Clear Height Properties and Harbert US Real Estate, an… Read more
Investor Buys 47-Unit Apartment Property in Northlake
Marcus & Millichap has completed the sale of a 47-unit apartment property located at 27, 36 and 43 King Arthur… Read more
Edged Data Centers Opens New AI-Ready Data Center in Aurora
Edged has completed construction on its newest, ultra-efficient data center designed to power Chicagoland’s exponential AI boom and deliver connectivity… Read more
Friedman Sells 214K-SF Former Steel Plant in Chicago Heights
Friedman Real Estate’s Kellen Duggan recently completed the sale of the 214,000-square-foot former Liberty Steel plant at 317 E. 11th… Read more
Roti Restaurant Chain Acquired by Edible Arrangements Founder
A private-equity firm launched by the founder of Edible Arrangements, Tariq Farid, has acquired the Chicago-based fast-casual chain Roti Modern… Read more
Avison Young Negotiates Lease of Former Foxtrot Commissary
Avison Young has arranged a lease of approximately 20,000 square feet across two units of industrial space at 900 West… Read more
Lument Provides $111M to Refi Chicago MF Portfolio
Lument has provided $110.8 million in Fannie Mae DUS loans to refinance a six-property multifamily portfolio located in Chicago. The… Read more
BWE Secures $20M to Finance Retail Centers in Chicago, Asheville
BWE has secured $20 million in financing for two retail centers, Mayfair Plaza, located in Chicago, and River Ridge Marketplace,… Read more
Dermody Leases The Logistics Campus Building to HuFriedyGroup
Dermody has completed construction of Phase I of The Logistics Campus and leased Building 3, a 326,278-square-foot logistic facility to… Read more
Chicago/Midwest People & Company News, week of February 21, 2025
Marquette Companies has named Trevor Ryan partner and president of Marquette Companies, while Jim Cunningham has been appointed partner and… Read more
Wealth Management Firm Mosaic Relocating Chicago Offices
Chicago-based wealth-management firm Mosaic Financial Group LLC is planning to relocate its offices to The Bell, a 32-story office building… Read more
Addressing Senior Housing’s “Forgotten Middle”
Multiple reports discuss the continued aging of the American population and the continued lag of senior housing to meet the… Read more
Aligned to Open Mansfield Data Center
Aligned Data Centers announced its expansion in the Dallas-Fort Worth Metro Area with a new data center campus in Mansfield,… Read more
Kiser Brokers Sale of New Construction MF in East Garfield Park
Kiser Group has completed the sale of a newly constructed, condo-quality multifamily property in the East Garfield Park/Tri-Taylor neighborhood. The… Read more
Chicago Housing Authority to Open $68M Apartments
The City of Chicago, Chicago Housing Authority, Evergreen Real Estate Group and Latin United Community Housing Association have completed Encuentro… Read more