Chicago
Kiser Lists Prime Multifamily Property in Champaign
Kiser Group Principal and Designated Managing Broker Lee Kiser, Advisor Kyle Sissell, and Associate Jackson Medina of Kiser Group have… Read more
Lagunitas Brewing Co. to Close Chicago Brewery, Taproom
Lagunitas will move its brewery operations to California and close its Chicago taproom. The company announced the news in a… Read more
Shops of Heatherfield in Glenview Sold to The Shiner Group
Mid-America Real Estate | Investment Sales Group recently brokered the sale of Shops of Heatherfield, a core grocery-anchored shopping center… Read more
KC Multifamily Reopens After Renovation Project
Villa Del Sol, a residential community originally developed in 1997, has reopened following its renovation, led by developer, property manager,… Read more
Migration Trends: Where Are the Hot Spots?
Though populations aren’t necessarily fleeing people-packed, highly dense areas in the droves they did during the height of the pandemic,… Read more
Declining DSCRs Mean Potential Distress in Many Office Markets
Although the much-anticipated wave of office distress has yet to materialize, new research fromYardi Matrix shows that many markets are… Read more
We’re Looking for More of the Top CRE Mortgage Brokers & Lenders
Early response to Connect Commercial Real Estate’s fourth annual Top Mortgage Brokers & Lenders Awards has been positive. Yet we’re… Read more
Redwood Living to Open New MF in Aurora
A brand-new single-story apartment community in Aurora is set to open this summer. Developed by Ohio-based Redwood Living, the property… Read more
Lamar Cos. Acquires Geneva Commons at Major Discount
Lamar Companies, in conjunction with Real Capital Solutions, acquired Geneva Commons, a 440,370-square-foot open-air shopping center in Illinois. The joint… Read more
Building Demolished to Make Way for $500M KC Development
The former Weld Wheel Industries building, a 114-year-old, nine-story building in Kansas City, was recently demolished to make way for… Read more
The Goldie Initiative Holds Inaugural Impact Summit
The Goldie Initiative, a nonprofit supporting women in commercial real estate, recently held its inaugural Impact Summit at Chicago’s Willis… Read more
Median Apartment Rents Post Ninth Consecutive Y-O-Y Decline
The median asking rent nationally for 0-2 bedroom apartments declined -0.7% year-over-year from April 2023 to $1,723 and declined across all… Read more
WeWork to Keep Five More Chicago Locations
WeWork plans to assume a total of 89 additional leases across the U.S. and Canada. This includes eight total leases… Read more
3650 REIT, JP Morgan Chase Provide $62M Refi on Columbus Industrial
3650 REIT and JPMorgan Chase & Co. have originated a $62 million loan to refinance Columbus Business Park, a 2.2… Read more
Evergreen Real Estate Group Opens IN Senior Living Community
Chicago-based Evergreen Real Estate Group has completed the Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso, Indiana.… Read more
ERMCO Leases 158K SF at Bristol Business Park in WI
Cushman & Wakefield has represented ERMCO in its 158,000-square-foot, 10-year lease at Bristol Business Park in Bristol, Wisconsin. Cushman &… Read more
CJ Logistics America to Open Cold Storage in Kansas City
CJ Logistics America will open a new cold storage warehouse in New Century, Kansas, just 30 miles outside of Kansas… Read more
First National Realty Partners Acquires Illinois Retail Center
First National Realty Partners (FNRP) closed on Townes Crossing, a 105,731-square-foot shopping center located in Oswego, Illinois, in an off-market… Read more
Report: Suburban Chicago Office Market Shows Resilience
Bradford Allen’s latest “CRE Pulse” report suggests the suburban Chicago office market is more resilient than it seems. According to… Read more