Illinois
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
Interra Realty Brokers Sale of West Ridge Apartment Building
Interra Realty brokered the $3.15 million sale of 6254 N. Whipple St. The 16-unit vintage apartment building in Chicago’s West… Read more
Fully Rehabbed Multifamily Property Sells in Irving Park
Chicago-based multifamily brokerage firm Essex Three-Twelve, LLC, recently facilitated the sale of 4129 N. Saint Louis Ave., a recently gut-rehabbed… Read more
Chicago/Midwest People & Company News, week of September 5
NAI Hiffman announced the appointments of four individuals, including two executives, one new hire and one returning team member. Brian… Read more
Strawberry Fields REIT Acquires Skilled Nursing Facility in Missouri
Strawberry Fields REIT, Inc. announced that it completed the acquisition of a facility comprised of 108 skilled nursing beds and… Read more
Marcus & Millichap Brokers $15M Sale of Schaumburg Retail Center
Marcus & Millichap has brokered the sale of a 35-suite grocery and medical-anchored shopping center in Schaumburg, Illinois, for $14.625… Read more
Lee & Associates Negotiates Lease for Gastropub in Tinley Park
Lee & Associates negotiated a 5,350-square-foot lease at 6657 South Street in downtown Tinley Park, Illinois. The property is strategically… Read more
Haverhill MOB Fetches $10M After Value-Add Program
Chicago-based Echo Real Estate Capital, Inc. has sold an on-campus medical office building for $9.57 million. The property is approximately 59,000… Read more
Former Vernon Hills Ambulance HQ to Become School
Fortec has acquired a 15,040-square-foot former ambulance warehouse at 401 W. Sullivan Drive in Vernon Hills, Illinois. The $1.7 million… Read more
Cawley CRE Facilitates Sale of Melrose Park Industrial Building
Cawley Commercial Real Estate (Cawley CRE) announced the strategic acquisition of a 22,103-square-foot freestanding industrial facility located at 1701 N.… Read more
Chicago-Based TLC Management Pays $100M for Vernon Hills Apartments
TLC Management, a Chicago-based company that exclusively owns and operates each of its rental communities, has purchased a Vernon Hills apartment… Read more
Next Realty Refinances River North Office Building
Kingsbury Orleans LP, a partnership led by an affiliate of Next Realty LLC, has refinanced Kingsbury Center, 350 W. Hubbard… Read more