Illinois
Eisenopoly Tallies $215K in 11th Annual Fundraiser
The associate board of the Harold E. Eisenberg Foundation (HEEF) recently hosted the 11th annual Eisenopoly at Revel Fulton Market. This year’s… Read more
Dallas Ranks First for Industrial Demand and New Supply
Dallas/Ft. Worth is North America’s top market for both industrial demand and new supply, says Cushman & Wakefield. North Texas… Read more
MOB Sales Surpass $10 Billion for Fifth Consecutive Year
U.S. medical office building sales continued in an upward trend through the fourth quarter of 2019 and into 2020, driven… Read more
Chicago Industrial Absorption Poised for Big Year-Over-Year Gains
Net absorption for Chicago’s industrial market will surpass 27 million square feet in 2020, a 68% increase over the 16.1… Read more
Clear Height JV Acquires Oak Brook Offices
A joint venture of Clear Height Properties and Buligo Capital Partners acquired an office property at 814 Commerce Dr. in Oak Brook, IL,… Read more
Amazon Plans First Fulfillment Center in Iowa
Amazon announced plans to open its first Iowa fulfillment center in the city of Bondurant, within the Des Moines metro… Read more
CBRE Brokers Lakeview Deconversion Deal
CBRE recently brokered the sale of 519 W. Melrose St., a 58-unit condominium property in the North Side’s Lakeview neighborhood,… Read more
J.C. Anderson Hires Joe Hynes as Project Executive
J.C. Anderson hired Joe Hynes as project executive. He will focus on delivering high quality construction services to building owner and managers.… Read more
South Loop Sees Its Biggest Apt. Deal in Nearly a Year
Interra Realty brokered the $27-million sale of Vesta Lofts, a 59-unit mixed-property in the South Loop. The sale included the… Read more
A Surprising Source of CRE Capital: Credit Unions
In a fast-changing business environment, commercial real estate lenders don’t always act as expected, so it’s necessary to have a… Read more
Muinzer Adds Purdue U. Student Housing in Off-Market Buy
JLL Capital Markets announced today that it has closed the sale of Village West, a recently-renovated, 1,134-bed student housing community… Read more
Associated Bank Funds Trio of WI Early Learning Centers
Associated Bank provided a total of $8,652,388 in three separate loans to Bradford Real Estate for land acquisition and construction… Read more
CBRE Adds Two to Investor Services Leasing Group
Jon Cordell has been named EVP and Jason Houze First VP for CBRE in its investor services leasing group. Cordell… Read more
American Street Provides Bridge Loan on Alsip Multifamily
American Street Capital (ASC) secured a $10.92-million bridge loan for a 144-unit multifamily complex in Alsip, IL, about 25 miles southwest… Read more
CushWake: Higher Cook County Assessments Less Impactful Than Expected
Commercial property owners in Cook County have been bracing for higher tax bills – the expected outcome of a three-year reassessment led… Read more
Lightfoot Rolls Out Reforms to TIF Program
Mayor Lori Lightfoot on Wednesday announced a major overhaul of the city’s tax increment financing (TIF) approval and oversight process. The… Read more
AIA Brokers Sale of Value-Add Apartments Near Loyola U.
Apartment Investment Advisers (AIA) recently sold a 40-unit apartment building near Loyola University in the North Side’s Rogers Park neighborhood.… Read more
Cardinal Industrial Picks Up Iowa Amazon Warehouse
Sherman Oaks, CA-based-based Cardinal Industrial acquired a 346,062-square-foot fulfillment center in Iowa City, IA, that’s 100% leased to Amazon. Cardinal reportedly… Read more
Roscoe MOB Sells to Non-Traded REIT
Cushman & Wakefield represented owner Glen Rock Development, LLC in the $7.7- million sale of a three-tenant, 25,565-square-foot medical office… Read more