Illinois
80-Unit Apartment Building in Geneva Trades Hands
Marcus & Millichap closed the sale of Pepper Valley Apartments, an 80-unit apartment property located in Geneva, Illinois. Senior Managing… Read more
Farbman Opens Amenity Space with Mural at 100 North La Salle
Farbman Group has finished renovating The LookOut, transitioning the 26th-floor penthouse suite into a unique office amenity space, at 100 North… Read more
CBRE Fully Leases 100K SF Former Kmart Property in Joliet
CBRE has arranged the final deal to complete the leasing efforts totaling 100,000 square feet to bring Joliet Marketplace to… Read more
CapRock Moves Ahead of Schedule on 1.3M-SF Spec Industrial
CapRock Partners said Building 1 at CapRock Central Point III in Visalia has completed the tilting of the building’s concrete panel walls, forming its… Read more
Oracle-Occupied Data Center in Oregon Sells for $32M
An Oracle-occupied data center in Oregon has been sold to a new landlord. Commercial real estate firms Five 9s Digital… Read more
Underwriting Metrics Improve for Prime Multifamily
Prime multifamily metrics continued increasing in the fourth quarter of 2023, CBRE said Friday. Unlevered IRR targets, going-in cap rates… Read more
TA Realty Launches New Data Center Development Arm
TA Realty has announced the launch of a dedicated hyperscale data center development arm within its digital real estate team.… Read more
Denver Business Park Trades for $73.5M
Hyde Development and Mortenson Properties have paid $73.5 million for Peoria Business Center, an industrial campus in Denver. Invesco sold the three building… Read more
JCB Eyeing SA Site for $265M Plant
JCB is considering a 400-acre site between the Toyota manufacturing plant and Texas A&M University-San Antonio’s campus for a $265… Read more
Trucking Group to Build $1.9B Memphis-Area Battery Plant
Cummins, Daimler Truck and Paccar are joining forces on a massive battery facility just across the Mississippi border from Memphis.… Read more
Distressed DT Chicago Office Building Headed to Auction
A ten-story vintage office building in Chicago’s West Loop is going to auction. Farbman Group’s Bill Bubniak and Todd Szymczak… Read more
Bally’s Casino to Relocate Planned Hotel Due to Water Pipe Issue
Bally’s Chicago is in need of a new location for a planned 400-room hotel tower at its permanent casino site… Read more
Demand for Industrial – Multi-Story Industrial, That Is
Mention the words “large industrial property,” and the image that comes to mind is of a sprawling facility that takes… Read more
AmTrust RE Renews Leases Totaling 20K SF in Chicago’s Central Loop
AmTrust RE is seeing the firm’s $50 million commitment for a capital improvements program at two of its downtown Chicago… Read more
DNC Names Firms for United Center Event Construction
The firms that will provide event construction and management for the upcoming 2024 Democratic National Convention in Chicago have been… Read more
Marcus & Millichap Brokers Sale of 7-Eleven in SC
Marcus & Millichap closed the sale of 7-Eleven Fountain Inn, a 4,650-square-foot, net-leased property located in Fountain Inn, South Carolina.… Read more
Law Firm von Briesen & Roper Opens New, Larger Chicago Office
von Briesen & Roper, s.c., a Milwaukee-based law firm, is opening a new and larger Chicago office at 320 S.… Read more
Leopardo Construction Begins Work on Raymond James Office
Leopardo Construction recently began work on a 50,000-square-foot interior renovation for global financial services company Raymond James. The project comes… Read more