Illinois
Interra Brokers Mixed-Use Sale in Highwood
Interra Realty brokered the $11.29-million sale of 246 Green Bay Rd., a new mixed-use development with 31 luxury apartments and two retail spaces… Read more
Snap, MoLo Solutions Near Office Leases in Fulton Market
In one of two leases that are close to being finalized at Shapack Partners’ 167 N. Green St., Santa Monica, CA-based Snap… Read more
Georgetown Company, First Hospitality Target $1B of Hotel Investments
Hotel management and development company First Hospitality and The Georgetown Company, a leading developer and owner of commercial, retail and mixed-use properties nationwide, formed… Read more
Agency Debt Veteran Vanderpoel Named Co-Lead of JLL’s Freddie Mac Platform
Chicago-based Luke Vanderpoel has been appointed senior managing director and co-lead of JLL’s Freddie Mac platform alongside senior managing drector Steve Henderson. Vanderpoel has nearly 20 years of experience… Read more
CushWake Reps Anixter Center in Sale to Partnership
Cushman & Wakefield represented Anixter Center in its sale of 2032 N. Clybourn Ave., which includes a 150,000-square-foot building and adjacent land… Read more
North Side Specialist Promoted to Director at Kiser Group
Rick Ofman has been promoted to director at Kiser Group after five years with the company. He’ll continue to specialize in the sale… Read more
Ashley HomeStore Relocates to Algonquin Commons
A Colliers team of Brad Murchison, Chris Irwin and Brad Belden represented Ashley HomeStore in a 48,397-square-foot lease in Algonquin Commons in Algonquin, IL.… Read more
Thompson Thrift Trades Indy-Area MXU to JVM
Thompson Thrift has closed on the sale of Fishers District, a master-planned, mixed-use development in the Indianapolis suburb of Fishers, IN. Chicago-based JVM Realty purchased… Read more
Invesco REIT Expands National Holdings in Student Housing, Industrial and Storage
Invesco Real Estate Income Trust Inc. (INREIT) acquired six properties in the student housing, industrial and self-storage sectors. The total… Read more
Scion Group, PGIM Real Estate JV on Student Housing
Chicago-based student housing owner/operator The Scion Group and PGIM Real Estate, the real estate investment and financing arm of Prudential Financial’s global… Read more
Lionheart Secures Rezoning for Long-Vacant Galewood Industrial Facility
Lionheart Capital will move forward with redeveloping the former White Cap Bottle Company facility in the West Side’s Galewood neighborhood, following the City Council’s approval of… Read more
POAH’s Woodlawn Station Garners Tax Credit Excellence Award
The Affordable Housing Tax Credit Coalition said Friday that Woodlawn Station on Chicago’s South Side is a 2021 recipient of the Charles L. Edson… Read more
Walker & Dunlop Arranges Financing on Build-for-Rent in Antioch
Walker & Dunlop arranged $30,388,000 in construction financing for The Clublands of Antioch by Moda Homes, a 110-unit single-family rental community in… Read more
Obama Center Groundbreaking Set for Tuesday
The long-awaited groundbreaking for the Obama Presidential Center on Chicago’s South Side, delayed partly by court challenges from preservation groups, is set for Sept. 28,… Read more
Parkline Chicago’s Penthouse Luxury Rentals Reach 40% Leased
Parkline Chicago developer Moceri + Roszak has leased 10 of the building’s new 24 “Penthouse Collection” ultra-luxury apartments, reaching more than 40% leased after less… Read more
Lightfoot Administration Rolls Out Engagement Campaign to Encourage Vaccination
The Lightfoot administration on Thursday unveiled Protect Chicago 77, a citywide community engagement campaign to ensure that at least 77% of all Chicagoans ages 12… Read more
CA Health and Science Trust Hires Property Management SVP
Chicago-based CA Health and Science Trust, Inc. (CAHST), a newly formed and externally managed private REIT has hired Loriann Duffy as SVP of property management.… Read more
Clear Height Secures Three Office Leases in Oak Brook
Three leases totaling 27,374 square feet have been completed at 26TWENTYFIVE in Oak Brook, IL. The 214,767-square-foot building is owned by Clear… Read more
Brookfield Recapitalizes Elion’s Park 55 in $1B Partnership
Brookfield Asset Management and Elion Partners have launched a $1-billion strategic partnership expanding Brookfield’s Real Estate Secondaries’ logistics portfolio across… Read more