Illinois
PACE Loan Group Provides Financing on Twentynine Palms Hotel Project
Reset Hotel, a new hotel coming to Twentynine Palms, a Palm Springs exurb adjacent to the North Entrance of Joshua… Read more
Kiser Closes on $31M Granville Tower Condo Deconversion Sale
Kiser Group’s Andy Friedman and Jake Parker closed the Section 15 condominium deconversion sale of The Granville Tower Condominium Association… Read more
DosBros Fresh Mexican Grill Signs Fifth Chicago-Area Lease
Lee & Associates has negotiated the lease for a 2,477-square-foot end-cap unit located at 501 E. Algonquin Road in Algonquin,… Read more
Graycor Completes Upgrades to Two Texas Dick’s House of Sport Stores
Graycor Construction, a building and industrial project company headquartered in Oakbrook Terrace, Illinois, recently completed the extensive renovation of two… Read more
PLG’s Matthew McCormack on C-PACE Financing’s Growing Relevance
The closing panel at Connect Investment & Finance 2023, taking place Oct. 24 at the Hyatt Regency O’Hare in Rosemont,… Read more
Aurora Holiday Inn & Express Suites Trades Hands for $11M
The sale of an 83-room Holiday Inn Express & Suites in Aurora, Illinois, was closed by Marcus & Millichap for… Read more
Oak Street Health Property in Chicago Bought by California Investor
Marcus & Millichap closed the sale of Oak Street Health, a 7,466-square-foot net-leased medical property. The property is located at… Read more
Partner Issues Report on Senior Housing Growth, Trends
Partner Valuation Advisors, a Chicago-based affiliate company of Partner Engineering and Science, Inc., has released its 2023 National Seniors Housing… Read more
Google’s $6M Makeover of Thompson Center Approved
The city of Chicago has approved permits submitted by Google to demolish and transform the exterior and atrium of the… Read more
146-Room Renton Residence Inn Bought for $55M
MCR, the country’s third-largest hotel owner and operator, has completed the sale of the 146-room Residence Inn by Marriott Seattle… Read more
It’s Time to Nominate Standout Commercial Real Estate Attorneys
End-of-day on Friday, Oct. 27 is the deadline for submitting nominations for Connect CRE’s fourth annual Lawyers in Real Estate Awards. We believe there are… Read more
Rivian Locks in Start Date for $5B Atlanta Factory
Rivian Automotive has confirmed that it will move ahead with construction on a factory in Georgia early next year. It plans… Read more
CRE Experts Say “Not So Fast” to Doom-and-Gloom Office Headlines
This is the first in a series of stories about the office sector that go beyond the negative headlines. Future… Read more
Chicago, Midwest | People & Company News for Oct. 20, 2023
Chicago & Midwest CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that… Read more
50K SF Buildout Completed for AIT Worldwide Logistics Office
Skender recently completed construction on an expansive demolition and three-floor buildout for AIT Worldwide Logistics at Two Pierce Place located… Read more
NexPoint Launches DST Offering for Temecula Semiconductor Plant
Dallas-based NexPoint, an alternative investment firm with $14.4 billion in assets under management, has launched NexPoint Semiconductor Manufacturing DST, a Delaware Statutory Trust… Read more
7-Eleven Retail Space in DT Chicago JW Marriott Sells for $3.5M
Marcus & Millichap closed the sale of a 2,700-square-foot net-leased property located in Chicago. The asset, a 7-Eleven retail space… Read more
Herndon Capital Makes First San Diego Acquisition
Walker & Dunlop has completed another multifamily sale in the San Diego area, closing an $18.25-million deal for Pacific Cove, an 81-unit apartment community. For buyer… Read more
Voodoo Doughnut to Open First Chicago Location in Fulton Market
Chicago’s impressive food scene is about to welcome two more concepts to the fold. The Feil Organization, a national real… Read more