Illinois
Essex Closes Lincoln Park Multifamily Sale at Top Price-Per-Unit
Essex Realty Group has completed the sale of 2023-2025 N. Racine Avenue, a 12-unit apartment building located in the Lincoln… Read more
Chicago Approves $29M for South Side Seniors Center
The Public Building Commission of Chicago has approved $29 million for the city’s first regional senior center on the South… Read more
Cawley CRE Arranges Lease of Roselle Industrial Property
Cawley Commercial Real Estate has completed the lease of the industrial property at 160 N. Garden Avenue in Roselle, Illinois,… Read more
JLL Tapped to Lease, Manage Deerfield Office Campus
JLL has been selected to provide exclusive leasing and property management services for Corporate 500, an office campus located at… Read more
580-Unit Self-Storage Portfolio in Topeka Trades Hands
Marcus & Millichap has arranged the the sale of a two-property, 580-unit self-storage portfolio in Topeka, Kansas. “This acquisition expands… Read more
Developers Secure $96M Financing for West Loop Apartment Project
A joint venture of Chicago-based developers Focus, Melrose Ascension Capital and DAC Developments secured approxiametrly $96 million in financing to… Read more
SVN Chicago Commercial Sells Pilsen Mixed-Use Property
SVN Chicago Commercial’s Cawthon-Labriola Group announced the sale of a six-unit mixed-use building located at 1329 W 18th Street in… Read more
Mapletree Acquires Site to Develop Joliet Logistics Facility
Mapletree Investments has acquired a 29.36-acre site at 1035 W. Laraway Road in Joliet, Illinois, where it plans to develop… Read more
Waterton Acquires The Mason in Chicago’s Fulton Market District
Waterton has acquired The Mason, a 263-unit, 14-story high-rise apartment community in downtown Chicago. Located at 180 N. Ada St.… Read more
Marcus & Millichap Arranges Sale of Indiana Net-Leased Caliber Collision
Marcus & Millichap brokered the sale of a net-leased Caliber Collision property in Greenwood, Indiana, for $3.78 million. The 33,511-square-foot… Read more
Potbelly to be Acquired by Convenience Store Chain RaceTrac for $566M
Chicago-based sandwich chain Potbelly is set to be acquired by convenience store company RaceTrac in a deal valued at $566… Read more
JLL’s Patrick Shields Relocates to Join Boston Team
JLL Capital Markets announced the relocation of managing director Patrick Shields from its Chicago office to partner with managing director Scott Carpenter and strengthen… Read more
Chicago/Midwest People & Company News, week of September 12
The CCIM Institute has announced two landmark partnerships in Kazakhstan and Mexico. The CCIM Institute has partnered with Narxoz Business… Read more
Lee & Associates of Illinois Negotiates Addison Industrial Building Deal
Lee & Associates represented Wahid Properties LLC in its $1.9 million purchase of 1460 Jeffrey Drive, a 15,524-square-foot warehouse and… Read more
Chicago Bears Commit to New Stadium in Arlington Heights
The National Football League’s Chicago Bears confirmed in a letter to fans that the team plans to build a new fixed-roof stadium… Read more
New Distribution Facility Breaks Ground in DeKalb
Mohr Capital has acquired 147 acres in DeKalb, Illinois, to develop a 1 million-square-foot build-to-suit regional distribution facility for a… Read more
101-Room Hotel Development Planned for Chicago’s South Side
The Chicago Plan Commission has approved the development of the nationally branded Hampton by Hilton Hotel in the city’s Pullman… Read more
Walker & Dunlop Originates $68M in Loans for Nursing Facilities in Illinois, Wisconsin
Walker & Dunlop has originated $68,312,000 in HUD 232/223(f) loans to refinance seven skilled nursing facilities located in Illinois and… Read more
Greenstone Brokers $18M Sale of Skokie Industrial Property
Greenstone Partners completed the $18 million sale of the WiFi Tech Center, a multi-tenant flex industrial property totaling 183,000 square… Read more