Illinois
Evanston Parcel Will Become Day-Care Center
SVN Chicago Commercial recently brokered the sale of an 11,250-square-foot building on a 15,050-square-foot development lot in downtown Evanston, IL.… Read more
Muinzer Acquires Assemblage Near Purdue U.
Muinzer recently completed the acquisition of a nine-property portfolio, underpinned by 1.55 acres of land, adjacent to Purdue University. Deal terms… Read more
Skender Completes Headquarters Buildout at Old Post Office
Skender recently completed interior construction of the 85,000-square-foot headquarters for AbelsonTaylor, a Chicago-based health and wellness advertising agency and the fourth… Read more
Little Village Retail Fetches $18M
Quantum Real Estate Advisors recently brokered the sale of a multi-tenant retail center located at 3045-3117 W. 26th St. in… Read more
Jitters Over Mall Exposure Spur Withdrawals from Funds
Whatever the long-term wisdom and profitability of Simon Property Group’s $3.6-billion agreement to acquire rival Taubman Centers, in the near… Read more
12 Trends That Are Shaping Commercial Real Estate in 2020
By Paul Bubny Twelve different commercial real estate trends and 12 different voices to express each of them. NKF’s white… Read more
JDL Reportedly in Contract for 10-Acre Moody Bible Parcel
JDL Development has a preliminary agreement to buy the land just north of Moody Bible Institute’s main campus at 820… Read more
Interra Brokers 1031 Deal for Firestone Location
Interra Realty brokered the sale of a Firestone Complete Auto Care at 8801 Skokie Blvd. in Skokie, IL, for $3.7… Read more
Kristi Rankin Joins CBRE to Oversee Property Management
Kristi Rankin has joined CBRE as associate managing director of property management in Chicago. She’ll work with Neil Pendleton, managing… Read more
One Bennett Park Wins Resi Construction Award
Related Midwest’s One Bennett Park ultra-luxury residential tower in Chicago’s Streeterville neighborhood, was named the 2019 Residential Project of the… Read more
Hometown America Relocates to 110 N. Wacker
Colliers International | Chicago SVP Michael Marrion represented Hometown America LLC in its 9,443-square-foot lease at Bank of America Tower,… Read more
Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019
The value of commercial and multifamily construction starts during 2019 in the top 20 metropolitan areas in the U.S. gained… Read more
Innovation Center Will Anchor First Phase of Related Midwest Mega-Project
Related Midwest has unveiled its plans for Phase 1 of The 78, a riverfront master-planned development that will span nearly 13 million… Read more
Wheaton Retail Trades to Institutional Buyer
Marcus & Millichap closed the sale of a 15-year Dunkin’ relocation-anchored shopping center, an 8,808-square foot retail property located in Wheaton, IL.… Read more
KC Industrial Park Trades After Value-Add Process
Newmark Grubb Zimmer (NGZ) completed the sale of a seven-building industrial and flex portfolio located near Front Street in Kansas… Read more
Decennial Group Hires VP to Further O-Zone Focus
Decennial Group, a national real estate development and investment firm, hired Ben Harris as SVP of investor relations. He’ll oversee Decennial’s capital raising… Read more
Developer Sells Dayton-Area Apartments
Oberer Companies sold The Reserve at Monroe Crossings in the Daytona-area community of Monroe, OH for $13.6 million to an undisclosed buyer, following a… Read more
Repeat Sale in Lincoln Park Comes in Nearly 50% Higher
Essex Realty Group handled the repeat sale of 916 W. Willow St., a four-unit apartment building in Lincoln Park. The… Read more
CTA Hires Planning Consultant for Red Line Extension
The Chicago Transit Authority’s (CTA) board recently approved a $38.3-million contract to T. Y. Lin International Great Lakes, Inc. to… Read more