Illinois
Urban Retail is Back, Baby
A little more than three years ago, urban retail was all but dead. The lockdown resulting from the COVID-19 pandemic… Read more
Not So Bleak: Finding Opportunities in Office
This is the final in a series of articles that examine the truth behind the negative headlines about the office… Read more
Return to Lender: Week of Dec. 7, 2023
Coretrust Capital Partners’ Pasarroyo office building, located in Pasadena, CA, is set for a foreclosure auction on Dec. 20, according… Read more
Sperry Equities Buys Aurora Shopping Center
JLL has closed the sale of Aurora Commons, a 125,826-square-foot, open-air retail center located within the Chicago MSA in Aurora,… Read more
NICAR Receives Three Awards from NAR
The Northern Illinois Commercial Association of REALTORS (NICAR) was recently awarded three awards by the National Association of REALTORS (NAR) to recognize… Read more
Standard Communities Acquires 214-Unit Senior Living in IL
Standard Communities, a national affordable housing developer and investor, has led a public-private partnership acquiring Huntington Towers, a 100 percent… Read more
Nashville-Area Apartments Trade for $335K/Unit
Weinstein Properties paid $114.57 million for the Bexley Stockyards apartments in Germantown, outside Nashville. The sale was accompanied by a… Read more
Manulife, StepStone Recapitalize $1.2B Scannell Industrial Portfolio
Manulife Investment Management has formed a $1.2-billion partnership with Scannell Properties and StepStone Real Estate, facilitating the recapitalization of 35 newly constructed… Read more
Coldwell Banker Sells Long-Stalled Lincoln Square Residential Development
Coldwell Banker Commercial Realty has completed the sale of an under-construction residential development in the Lincoln Square neighborhood of Chicago.… Read more
Passco Surpasses $250M AUM in the Midwest with St. Louis Acquisition
Passco Companies, a California-based real estate company specializing in acquisition, development, and property management, has acquired Cortona at Forest Park,… Read more
Chicago-Based Dental Group Opens Ninth Dental Studio in Lincoln Park
Dentologie, a Chicago-based dental group, has opened its ninth dental studio at 1009 W. Armitage Avenue in the Lincoln Park neighborhood.… Read more
Salesforce Tower Chicago Makes Its Debut, Company Commits $1.25M in Grants
Salesforce Inc. celebrated the grand opening today for its new downtown Chicago office building — Salesforce Tower Chicago — a… Read more
Interra Realty Brokers $11M Sale of Suburban Apartments
Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the $11 million sale of Westwood Apartments, an 11-building,… Read more
Colliers Represents Opus Development in Aurora Corporate Center Sale
Colliers’ Jeff Devine and Steve Disse represented Opus Development and Principal Asset Management in the sale of Tollway Corporate Center… Read more
Medical Office Portfolio in Libertyville Acquired in Off-Market Deal
An affiliate of Stage Equity Partners has acquired the two-building, 91,818-square-foot Hollister Medical Office Portfolio in north suburban Libertyville from… Read more
NY Developer Proposes Residential Tower in Clybourn Corridor
The Georgetown Company, a New York-based developer, is looking to build an apartment building at the intersection of North and… Read more
DMG Capital Announces Acquisition of 72-Unit Luxury Apartments
DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG) completed the acquisition of Roselle Luxury Apartments, a… Read more
Clear Height, MLG Capital Execute 290K SF Industrial Lease in Ohio
A joint venture partnership between Oak Brook, Illinois-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital has… Read more
Workbox Signs Lease, Iron Galaxy Expands Space at The National
Transwestern Real Estate Services (TRS) signed both a new lease and a large lease expansion at 125 South Clark Street,… Read more