Illinois
Chicago Set New High in 2023 Industrial Construction Completions
Chicago set a new high in industrial completions in 2023, with a record 40.1 million square feet of new industrial… Read more
Merchants Capital Finances $103M for Affordable Chicago Property
Merchants Capital has provided more than $54 million of debt and $49 million in Low-Income Housing Tax Credit (LIHTC) equity financing… Read more
Private Investor Snags Two Industrial Parks in San Fernando Valley
Kidder Mathews SVP Kelly Betpolice represented a private investor in acquiring two large multi-tenant industrial parks in the San Fernando Valley.… Read more
36th Street Partners Acquires Ontario Industrial with Value-Add Potential
36th Street Partners acquired a 17,360-square-foot multi-tenant industrial property located at 1804 to 1828 E. Elma Court in Ontario for $3.48 million.… Read more
Affinius Capital Originates $150M Loan for 1.8M-SF Industrial Portfolio
Affinius Capital LLC has originated a $150 million loan on a cross-collateralized industrial portfolio consisting of six Class A assets… Read more
Data Center Giant Plans to Expand in Sterling
Digital Realty Trust is seeking approval to expand its data center campus near Dulles International Airport in Loudoun County, Virginia., Boston… Read more
GXP Building $80M Nash County Life Sciences Campus
GXP-Storage is developing an $80 million, 30-acre campus in Middlesex Corporate Centre that it plans to use as its international… Read more
Judge Rules Against Transfer Tax Referendum
The so-called “mansion tax,” an initiative backed by Chicago Mayor Brandon Johnson that would increase taxes on real estate transactions… Read more
Kinship PACE Enters Greater Chicago Market
Cushman & Wakefield has arranged a new long-term 15,310 square-foot lease for Kinship PACE of Illinois at the Bricktown Square… Read more
Apartments in Ravenswood Sell for $4M
Interra Senior Managing Partner Joe Smazal represented the buyer, ICM Properties, a local real estate investor. Smazal also represented the… Read more
Inland Completes Development of Healthcare Property on Chicago’s North Side
Inland National Development Company, LLC (INDC) announced that Howard Brown Health, one of the nation’s largest nonprofit LGBTQ+ healthcare organizations,… Read more
Cawley Commercial Real Estate Expands into Michigan
Cawley Commercial Real Estate has expanded its footprint in the Midwest by opening an office in Grand Rapids, Michigan. The new venture, Commerce… Read more
New Property Management Firm Oakwood Realty Launches
Long-time industry veteran, Jason Lenhoff, has formed Oakwood Realty Group LLC, a full-service property management firm. After spending many decades… Read more
Canton 136K-SF Manufacturing Development Completed
Colliers has announced the completion of 135,600 square feet of purpose-built GMP/advanced manufacturing space in Canton, MA. The project was… Read more
FTC, 9 States Sue to Block Kroger-Albertsons Merger
On the heels of Washington’s state attorney general suing to block the $24.6 billion mega-merger of Kroger and Albertsons, the… Read more
Denver Industrial Park Flips for $21.5M
Graham Street Realty has sold Commerce Square, two light industrial buildings totaling 145,242 square feet in Aurora, Colo. Midtown National Group purchased the buildings for… Read more
1.4M SF Business Park Slated for Schertz
The developer of a 1.4 million square foot warehouse park is ready to get to work. The Park 35 project,… Read more
Allstate Taps Colliers to Sell Downtown Chicago Office Building
Allstate has hired Colliers to sell an office building the company purchased in 2022, located at 29 N. Wacker Drive,… Read more
Indoor Pickleball Chain Expands to Chicago
Pickleball Kingdom, a fast-growing indoor pickleball franchise, is looking to expand its empire, and the company is planning to open… Read more