Elgin
Scannell Taps Peak Construction for Elgin Warehouse
Peak Construction Corporation has been awarded the contract to build Scannell Properties’ Elgin Distribution Center located at 1451 Sheldon Dr.… Read more
JLL IPT Picks Up New-Construction Elgin Warehouses
JLL Income Property Trust (IPT) has acquired Elgin Distribution Center, a Class A, two-building industrial property totaling 407,000 square feet and located… Read more
NYC Leads Metros in Delinquency Balance, But Not Rate
Although the New York-New Jersey SMSA has the highest CMBS delinquency balance at $4.7 billion as of October, it doesn’t have the highest rate, Trepp… Read more
CA Health and Science Trust Acquires MOB Near Advocate Sherman Hospital
CA Health and Science Trust, Inc. (CAHST) closed on the acquisition of a medical office property in Elgin, IL. The investment was the… Read more
Faropoint Establishes Chicagoland Base with 757K-SF Portfolio Acquisition
Faropoint has acquired a 757,017-square-foot industrial portfolio located throughout the Chicagoland area for an undisclosed sum. Colliers’ Jeff Devine, Steve Disse and Tyler Ziebel represented the undisclosed seller. Faropoint was… Read more
Logistics Firm Breaks Ground on Elgin Headquarters
GoldCoast Logistics Group (GCLG), represented by broker NAI Hiffman, joined with the Elgin Development Group, Elgin Chamber of Commerce, Elgin City Council and GCLG… Read more
Entre Completes Build-to-Suit Sale for LTL Firm’s Headquarters
Entre Commercial Realty recently completed a 21,000-square-foot build-to-suit sale at 745 Tollgate Rd. in Elgin, IL. The facility will be built for… Read more
Berkadia’s Chicago Office Completes Trio of Apartment Sales
Berkadia recently completed $43.2-million in combined sales of three multifamily properties, including Wing Park Apartments, Parkside Apartments and Stone Ridge Square. Managing… Read more
W&D Structures $38M Financing on Chicago-Area SNFs
Walker & Dunlop, Inc. structured $38,413,600 in financing for four skilled nursing properties in Illinois, all within 50 miles of Chicago. The collection of… Read more
MOB Specialist Bauman & Co. Enters Chicago Market
Atlanta-based Bauman & Company LLC, which specializes in acquiring, leasing and managing medical office buildings, has expanded into Illinois with… Read more
Gardner Capital Completes First Chicago-Area Seniors Complex
Gardner Capital recently completed a senior living complex in in West Dundee, IL. Offering affordable housing, the 61 units at Spring Hill… Read more
U.S. Industrial Demand Holds Up Through Pandemic
Despite market uncertainty around the global pandemic, industrial demand remains strong, Cushman & Wakefield reports. U.S. vacancy ticked up by… Read more
Elgin Offices Sell for Headquarters Use
Colliers International | Chicago SVPs John Homsher and Alissa Adler represented an institutional client in the sale of a 31,320-square-foot, single-story… Read more
Boston-Based MLL Buys Ravenswood MOB
Boston-based MLL Capital revealed itself as the previously undisclosed buyer of 1945 West Wilson in the North Side’s Ravenswood neighborhood,… Read more
Chicago Industrial Absorption Poised for Big Year-Over-Year Gains
Net absorption for Chicago’s industrial market will surpass 27 million square feet in 2020, a 68% increase over the 16.1… Read more
MLL Capital Adds Four-State MOB Portfolio
Boston-based MLL Capital, focused on medical office, laboratory and life sciences properties, acquired four medical office buildings totaling 251,546 square feet… Read more
CBRE Completes Sale of 4-State MOB Portfolio
A CBRE team based in Atlanta and Denver completed the sale and financing of a nine-building medical office portfolio totaling approximately… Read more
Conor Wraps Up Spec Industrial in Elgin
Conor Commercial Real Estate and partner Globe Corporation recently completed Northwest Pointe III in Elgin, IL. The speculative industrial development… Read more
Westmount, Stockbridge Partner on 1.7M-SF Industrial Buy
Westmount Realty Capital and Stockbridge partnered to acquire a 1.7 million-square-foot light industrial portfolio in the Chicago region for an undisclosed sum.… Read more