Illinois
Marquette/Heitman JV Exits Naperville Apt. Hold
CBRE recently represented a joint venture between the Marquette Companies and an affiliate of Heitman in the sale of River… Read more
Starbucks Sets Nov. Opening for Mag Mile Roastery, World’s Largest
Starbucks has set Nov. 15 as the opening date for its new Magnificent Mile location, the world’s largest. The 43,000-square-foot… Read more
Chicago Retail Holds Steady; New Concepts Outperform
The Chicago retail market held steady during the first half of 2019, NKF reported. Leasing was strong in some areas… Read more
Divvy Bike-Share Program Expands to Far South Side
Chicago’s Divvy bike program is expanding this fall into seven Far South Side neighborhoods, the Chicago Tribune reported. It’s part… Read more
Indy Industrial Sales Rise 46% Y-O-Y
The Indianapolis industrial market posted a 45.7% year-over-year increase in sales through the second quarter, says Avison Young. As Q3 2019 nears… Read more
SMS Assist Taps Veteran for Resi Leadership Role
Chicago-based proptech firm SMS Assist has hired Adam Love as president of the company’s residential division. Love will be responsible… Read more
MBRE Healthcare Snags 147K-SF Charlotte Office Building
Chicago-based MBRE Healthcare has acquired One South Park Center, a 147,141-square-foot office building in Charlotte’s SouthPark submarket. The sales price… Read more
Heitman Adds Defined Contribution Expert
Chicago-based Heitman LLC has hired Walter “Tripp” Braillard as SVP, defined contribution solutions. He’ll be responsible for supporting the firm’s… Read more
Janus Joins Colliers in Chicago to Lead Healthcare Services
Shawn Janus has joined Colliers International as U.S. national healthcare director, based in Chicago. In his new role, Janus will… Read more
Multicultural Retirement Community Slates October Opening
Aman Living’s Verandah Retirement Community, reportedly the Midwest’s first multicultural retirement community, will see its first move-ins in October. Located at 900 W.… Read more
RR Donnelly Takes Full Floor with Sapir Organization
Global communications and marketing company RR Donnelly has signed a 10-year, full-floor lease at the Sapir Organization’s 261 Madison Ave.… Read more
Sears Cuts 250 Corporate Jobs; No Plans to Close HQ
Sears said it will cut 250 jobs at its corporate headquarters in Hoffman Estates, IL beginning in late October. However,… Read more
AIA Closes Its Third Lakeview Deal This Year
Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the Wrigleyville area of the North Side’s… Read more
MB Real Estate JV Acquires West Loop Offices
A joint venture that includes senior executives Kevin Purcell and Peter Westmeyer from MB Real Estate (MBRE), Hilco Redevelopment Partners… Read more
Twin Cities Retail Sets Records for Pricing, Cap Rates
Hanley Investment Group Real Estate Advisors arranged the sale of Commons Plaza, a new-construction, retail property in the Twin Cities suburb of Woodbury,… Read more
Plymouth REIT Adds 2.2M SF in Illinois, Ohio, Tennessee
Plymouth Industrial REIT completed its previously announced acquisitions of industrial buildings in the Chicago, Cincinnati, Columbus and Memphis regions totaling… Read more
Conagra Plans 40K-SF Innovation Hub Next to HQ
Conagra Brands said Wednesday it would build a 40,000-square-foot innovation center adjacent to its existing headquarters at Vornado Realty Trust’s… Read more
Hobbs Brook Management Hires Schaefer as CEO
Waltham-based commercial property management and development firm Hobbs Brook Management has hired Samuel M. Schaefer as president and CEO. Schaefer… Read more
Legacy Healthcare Adds Two Chicagoland SNFs
Bella Terra Streamwood and Bella Terra Wheeling have joined Legacy Healthcare’s portfolio of skilled nursing facilities in the Chicagoland area.… Read more