Illinois
Elmhurst Sees One of Its Largest Industrial-User Sales
NAI Hiffman brokered the $5.4-million sale of a 75,000-square-foot industrial building at 776 N. Oaklawn Ave. in Elmhurst, IL. The firm’s… Read more
Loop Alliance Slates Workshop for State Street Corridor Plan
Chicago Loop Alliance has released the project timeline and details on the first community workshop for Elevate State, its forthcoming corridor plan for State… Read more
Why Self-Storage Outperforms the S&P 500: A Conversation with Marcus & Millichap’s Steven Weinstock
By Paul Bubny Long the province of private capital and specialty REITs, self-storage has attracted more attention from institutional players… Read more
Industrial Midwest Panelists: Development “Where the Action Is”
“Development seems to be where the action is,” said HSA Commercial Real Estate CEO Robert Smietana during the “Trends and… Read more
Lendlease, John Buck Co. Launch Pre-leasing at Two-Tower Porte
Pre-leasing is underway at Porte, a two-tower, mixed-use development under construction at 855 W. Madison St. in Chicago’s West Loop. A… Read more
Avison Team Closes on MOB Sale-Leaseback in Central IL
Avison Young negotiated the sale of a 60,231-square-foot medical office building at 1111 Trinity Ln. in Bloomington, IL, a regional economic hub… Read more
Apartment Investor Buys in Cicero
Marcus & Millichap finalized the sale of an 18-unit apartment property located in Cicero, IL. The purchase price was not disclosed. First… Read more
Xenia Set for Sale of 7 Hotels for $483M
Florida’s Xenia Hotels & Resorts is selling a seven-hotel portfolio for $483 million to an undisclosed buyer. The portfolio totals… Read more
Investors in Chicago Office Favor Mid-Tier Properties
Even as office leasing in Chicago skews toward Class A properties, it’s a different narrative when it comes to investment… Read more
Asset Management Veteran Rachel Peck Joins Entre
Rachel Peck joined Arlington Heights, IL-based Entre Commercial Realty, bringing 20 years’ experience in commercial real estate corporate services, lease… Read more
Fifield’s Logan Apartments Launches Leasing
Fifield Cos., in partnership with Terraco Real Estate, is now leasing residences at Logan Apartments in the North Side’s Logan Square neighborhood. The developer… Read more
Standard Club Will Close, Hires CBRE to Market Property
Philanthropic organization the Standard Club has hired CBRE to market part or all of its 13-story building at 320 S.… Read more
AIA Brokers Deal for Austin Apartments
Apartment Investment Advisers (AIA) recently closed the sale of 5465 W. Washington, an apartment building in Chicago’s West Side’s Austin… Read more
MISUMI Expands in Relocation to 1475 E. Woodfield
NKF completed a 47,716-square-foot lease on behalf of MISUMI USA at 1475 E. Woodfield (Schaumburg Corporate Center) in Schaumburg, IL.… Read more
Bridge Development Plans More Acquisitions, Overseas Expansion
Bridge Development Partners said it had acquired 21 properties totaling approximately 11.7 million square feet, valued at over $3.1 billion across Bridge’s five… Read more
Connect Industrial Midwest Delves into Rapidly-Evolving Sector
In the previous cycle, office and retail were the favorites of lenders. Today, it’s multifamily and industrial that have them… Read more
Multifamily with Penthouse Trades in Ukrainian Village
Kiser Group recently brokered a five-unit Ukrainian Village apartment building located at 1101 N. Damen for $2,100,000. The firm’s Rick Ofman represented… Read more
CBRE Arranges Galesburg Hotel Deal
CBRE recently represented Auburn Classic Hotel Group, LLC in the sale of Baymont Inn & Suites in Galesburg, IL, approximately… Read more
Chicago Maintains Seven-Year Streak for Business Expansions, Relocations
For the seventh consecutive year, Chicago has been ranked “Top Metro” in the United States for corporate investment by Site Selection magazine.… Read more