Illinois
Value-Add Retail Property in Palatine Changes Hands
Marcus & Millichap completed the sale of a value-add, multi-tenant retail property located at 4880 W. Euclid Avenue in a… Read more
Principle Begins Improvements on Industrial Dry-Cleaning Facility
Principle Construction recently started construction on the tenant improvements of a 282,588-square-foot building at 2000 Deerpath Road in Aurora, Illinois,… Read more
First Western Acquires 10-Unit Mixed-Use in Little Village
First Western Properties acquired a 10-unit mixed-use property on behalf of its family office clients. Located at 2230 Kedzie Avenue,… Read more
Peak Construction Underway with Joliet Logistics Property
Peak Construction Corporation is underway with IDI Logistics’ new speculative warehouse, Rock Run Crossing, at Rock Run Crossings Business Park… Read more
Sterling Bay Planning 29-Story Apartment in Fulton Market
Sterling Bay is planning a 390-unit apartment tower at 370 N. Carpenter Street in the bustling Fulton Market, reported Crain’s.… Read more
Meal Delivery Service Provider Opens Massive Goodyear Kitchen
Ready-to-eat meals company, Factor, has opened a new 301,000 square foot fulfillment center in Goodyear. The new facility is Factor’s… Read more
Ryan Swingruber, Co-Founder of Heyday on Leadership and Longevity
Heyday, an Arlington Heights, Illinois-based development company, was founded by Ryan Swingruber and Josh Wohlreich. The firm is a quickly… Read more
Clear Height Properties, Harbert Acquire IL Industrial Property
A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment… Read more
Thomas Engel Joins DarwinPW/CORFAC As Associate
DarwinPW Realty/CORFAC International announced that Thomas Engel joined the firm as an associate. In his new role, Engel will be… Read more
Lendlease Names Americas Development Lead in San Francisco
Lendlease has appointed Meg Spriggs to the role of managing director of development for the Americas, effective Oct. 1. Currently… Read more
Bears Revisit Stadium Talks with City of Chicago
In a recent letter to season-ticket holders, Chicago Bears President Kevin Warren said the team had started back up discussions… Read more
CTA Clinches $2B Federal Grant for Red Line Extension Work
The Red Line Extension Project (RLE), which will extend the Red Line 5.6 miles to Chicago’s Far South Side, has advanced… Read more
CMBS Distress Rate Rises for Top 20 SMSAs
The distress rate for CMBS loans across the 20 largest markets in August was 7.2%, slightly above the national CMBS… Read more
IBT Group to Redevelop Warehouse Into $121M Mixed-Use
The Chicago Department of Planning and Development has officially chosen local developer IBT Group LLC to redevelop a historic City-owned… Read more
Scott Gibbel Joins Sterling Bay as Industrial Managing Director
Sterling Bay has appointed Scott Gibbel as the new managing director of its growing industrial division, Sterling Bay Industrial. With… Read more
BWE Secures Acquisition Financing for KSU Student Housing
BWE has arranged acquisition financing for The Beacon, a 456-bed student housing community near Kennesaw State University in Marietta, GA.… Read more
Dalfen Uses $52.9M Acquisition Loan to Buy Sparks Industrial Asset
Meridian Capital Group arranged $52.9 million in financing for the acquisition of a class-A industrial building in Sparks, NV. The loan… Read more
Standard Real Estate Invests in TCC’s Woodridge Industrial Center
Standard Real Estate Investments, a minority-owned national real estate investment and development firm, made an equity investment through its new… Read more
ACO Commercial Arranges Sale to Chinese American Service League
ACO Commercial’s George Toscas and Linda Hatter arranged the sale of a 5.24-acre land site located at 3000-3052 S. Pitney… Read more