Illinois
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
Summit Ridge Energy, Bank of America Close $305M Credit Facility for Solar Portfolio
Bank of America and Summit Ridge Energy have closed a $305 million senior secured credit facility to support a portfolio… Read more
GTZ Property Group Buys Former Car Dealership Slated for Retail Redevelopment
GTZ Property Group has purchased the former University Motor Mall property at 6120 S Cedar in Lansing, Michigan, with plans… Read more
Law Firm Akin Opens Downtown Chicago Office
International law firm Akin announced it is opening a Chicago office with four partners who joined from Mayer Brown earlier… Read more
JLL Completes Sale of Specialized Industrial Facility in Illinois
JLL has arranged the sale of 560-562 E. Bunker Ct., a 73,150-square-foot multi-tenant light industrial property located in Vernon Hills, Illinois,… Read more
Essex Realty Facilitates $18M Sale of Uptown Mixed-Use Property
Chicago-based Essex Realty Group has completed the sale of The Maynard at 1325 West Wilson Avenue, a 121-unit mixed-use building… Read more
Seefried Expands Shallow-Bay Footprint with Woodridge Industrial Project
Seefried Industrial Properties has broken ground on a new 64,421-square-foot speculative industrial development at 10321 Beaudin Blvd. in Woodridge, Illinois.… Read more
Farbman Group Appointed Receiver of Midwest-Based Properties
Farbman Group announced the temporary assignment of six receiverships throughout the Midwest. Totaling more than 800,000 square feet, the four… Read more
Fulton Market Multifamily Trades in 1031 Exchange
Greenstone Partners has completed the sale of 1151 West Erie Street, a nine-unit multifamily property located at the edge of… Read more
