Illinois
Chicago, Midwest | People & Companies for February 16, 2024
Lee & Associates of Illinois recently promoted three Chicago-based brokerage professionals across its industrial and office platforms. – Andrew Block… Read more
FitzGerald Designing New Office Development at 919 W Fulton
Work is continuing to progress on 919 W. Fulton, one of the few new office developments in the city. The… Read more
Peak Properties Adds 10 Luxury Units to Management Portfolio
Peak Properties LLC, a full-service, privately held management and investment firm with offices in Chicago and Denver, has been tapped… Read more
Structured Development’s New Townhomes Surpass 50% Sold
Sales have surpassed 50% at Harrison Row Townhomes, Structured Development‘s new for-sale housing development of 40 affordable townhomes in Chicago’s East Garfield… Read more
Multi-Tenant Retail Property in Missouri Sells
Marcus & Millichap closed the sale of a two-tenant center featuring a SmileShack dental office and Domino’s Pizza store in… Read more
Investor Surveys Generate a Mixed Bag for 2024
There’s little doubt that the past year has been volatile for commercial real estate investors. Much of what was forecast… Read more
Spacecraft Maker Building Sierra Vista Factory
BlackStar Orbital Technologies Corporation announced the establishment of a new engineering and manufacturing facility in Sierra Vista. The Sierra Vista… Read more
Auto Parts Maker Investing $100M in Georgetown Factory
Hanwha Advanced Materials plans to invest $100 million into a 200,000-square-foot industrial building on 38 acres just outside the city… Read more
Welltower to Acquire $1B Senior Housing Portfolio
Welltower Inc., a REIT headquartered in Toledo, is under contract to acquire a portfolio of 25 purpose-built active adult communities for $969… Read more
TCC, Beacon Top Out at Chicago’s Hyde Park Labs
Trammell Crow Company (TCC) and Beacon Capital Partners have topped out at Hyde Park Labs in Chicago. Located at 5207… Read more
JV Acquires Loews Minneapolis Hotel
Marcus Hotels & Resorts along with Hempel Real Estate and Robinson Park Investments have reached an agreement to acquire the… Read more
The Goldie Initiative Expands Mentorship, Scholarship Program
The Goldie Initiative has expanded its mentorship and scholarship program in the U.S. Northeast region. The Chicago-based organization kicked off… Read more
Marcus & Millichap Closes Chicago-Area MF Asset Sale
Marcus & Millichap has closed the sale of Light Road Apartments, a 168-unit multifamily asset in Oswego, Illinois. Marcus &… Read more
PetSmart to Reopen Two Closed Chicago-Area Stores
PetSmart is planning to reopen two stores in the Chicago area after closing several locations earlier this year. Both of… Read more
BWE Arranges $66M for Infill Costa Mesa Retail
BWE, a national commercial and multifamily mortgage banking company, secured $66,000,000 in acquisition financing for The South Coast Collection (SOCO) an urban-infill… Read more
Alterra IOS Completes Sale-Leaseback in Folsom
Alterra IOS, a Philadelphia-based industrial real estate owner, has acquired a 7.03-acre property at 1130 Sibley St. in Folsom for… Read more
Lee & Associates Inks 733K-SF NJ Leases
Lee & Associates New Jersey, led by Drew Maffey and Rick Marchisio, facilitated two industrial transactions totaling 733,000 square feet… Read more
Port of Los Angeles Sees Second-Busiest January on Record
The Port of Los Angeles handled 855,652 Twenty-Foot Equivalent Units (TEUs) in January, the second-best start to the year on… Read more
Chicago-Based Deskpass and Industrious’ Breather to Merge
Two of the largest flexible workspace companies have announced plans to merge, as WeWork’s competitors continue to pursue opportunities in… Read more