Illinois
Norris & Stevens Brokers Lease of Portland Warehouse
Jobeco, LLC recently completed the $1,367,290 lease of an industrial warehouse located at 5104 NE Oregon Street in Portland, Oregon.… Read more
Logistics Property Company Closes on Land for Schaumburg Two-Building Development
Logistics Property Company, LLC has closed on a 22-acre site at I-390 Frontage Road and Irving Park Road in Schaumburg,… Read more
Chicago/Midwest People & Company News, week of February 6, 2026
Farbman Group announced the addition of Michael O’Malley, the firm’s new executive vice president of Illinois. Based out of Farbman… Read more
Cushman & Wakefield Hires Damla Gerhart as Midwest Executive Regional Director
Cushman & Wakefield has appointed Damla Gerhart as Executive Regional Director of the Midwest Region. In her new role, Gerhart… Read more
Northmarq Arranges Sale of 165-Unit Multifamily in Bloomington
Northmarq’s Midwest Multifamily Investment Sales team of Alex Malzone, Jake Lamb, Parker Stewart and Dominic Martinez arranged the sale of… Read more
U.S. Industrial Poised for Modest Vacancy Increase in 2026
U.S. industrial vacancy is projected to rise modestly in 2026 even as demand is expected to increase somewhat from 2025… Read more
Avison Young Secures Full-Building Lease in South Brunswick
Avison Young executed a full-building, 84,000-square-foot industrial lease with Prograde Aluminum Systems Corporation on behalf of the landlord, SNS Real… Read more
MMCC Arranges Financing for Spring Valley Industrial
Marcus & Millichap Capital Corporation (MMCC) recently arranged $7.3 million in financing for a 70,380-square-foot industrial property located at 2780 Via… Read more
MAG Capital Partners Acquires 425K-SF Indiana Industrial Property
MAG Capital Partners has acquired an approximately 425,000-square-foot industrial headquarters in New Castle, Indiana, via a sale-leaseback-structured transaction with New… Read more
SRS Real Estate Completes Single-Tenant Sale-Leaseback Deal in Michigan
SRS Real Estate Partners has completed the sale-leaseback of a single-tenant 277,425-square-foot industrial asset located at 26661 Lipari Way in… Read more
Cresa Appoints Ray Anderson CEO
Cresa’s Board of Directors has appointed Ray Anderson as CEO, effective immediately. Anderson succeeds Tod Lickerman, who will remain on… Read more
Quantum Machines to Establish Hub at Illinois Quantum and Microelectronics Park
The Illinois Quantum and Microelectronics Park (IQMP) and the Illinois Economic Development Corporation announced that Quantum Machines will establish a… Read more
Lovett to Launch 668K-SF Houston Industrial Venture
Lovett Industrial began construction on SouthPort 45, a 668,000-square-foot speculative distribution center near Ellington Airport in southeast Houston. PCCP LLC… Read more
Siemens Spending $421M on NC Plant Expansions
The company that makes large power transformers for the energy sector plans to invest $421 million in its North Carolina… Read more
Red Hook Industrial Sale Sets Neighborhood Pricing Record
Marcus & Millichap arranged the sale of an 11,850-square-foot industrial property in Brooklyn for $5,650,000. The property is located at 30 Richards St. in Brooklyn’s Red Hook… Read more
Kiser Group Brokers South Minneapolis Multifamily Sale
Kiser Group’s Robert Dulin and Cody Smith brokered the sale of a fully renovated multifamily property in the Kingfield neighborhood… Read more
Chicago-Based Metropolitan Capital Bank Shut Down by IL Regulators
The Illinois Department of Financial and Professional Regulation has closed Chicago’s Metropolitan Capital Bank & Trust, marking the first bank… Read more
Lee & Associates Brokers 41K-SF Industrial Lease in Maryland
Pella Mid-Atlantic, Inc., a window and door installation company, has signed a lease with Oliver Street Capital to renew 59,000… Read more
Northwind Provides $59M for Chicago Office Tower Acquisition
Northwind Group has provided a $58.5 million first mortgage loan financing the acquisition and lease-up of 175 West Jackson Boulevard,… Read more