Illinois
Saudi Investor Adds FedEx Ground Warehouse
Saudi Arabia-based SEDCO Capital recently acquired a FedEx Ground-leased distribution facility in the Chicago suburb of Niles, IL for an undisclosed… Read more
GlenStar Adds LaSalle’s Jessica Doll in Marketing Role
GlenStar has appointed Jessica Doll as director of marketing & customer experience. This newly-created position puts the 15-year commercial real estate… Read more
Pacific Retail Takes Over Southgate Market
Pacific Retail Capital Partners, a property owner/operator and developer based in El Segundo, CA, has taken over as operator and… Read more
Liberty Property’s Driscoll Will Oversee Midwest Portfolio
Neal Driscoll, VP and market officer for Liberty Property Trust in Illinois and Minnesota, has been tapped to oversee the… Read more
Draper & Kramer Opens Rentals on Gold Coast Lakefront
Draper & Kramer held a grand opening for its 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks… Read more
Evergreen Renovates Senior Community in Englewood
Evergreen Real Estate Group completed a $4-million renovation of Bethel Terrace Apartments, a 123-unit affordable senior housing community in the South… Read more
Fifth Third Closing 44 Branches in Chicago, Suburbs
Three North Side locations are among 44 Chicago-area bank branches slated to close next month as Fifth Third Bank’s acquisition… Read more
Spec Suites or Tenant Buildouts: What’s More Cost Effective?
While build-to-suit may enjoy a quicker turnaround than speculative development in the industrial sector, the opposite appears to be true… Read more
Highland Park’s Tesla Building Trades in 1031 Deal
Chicago-based Berger Asset Management has completed the $8.75-million sale of the Tesla Building at 1200 Old Skokie Valley Rd. in… Read more
Logistics Firm Leases 248K-SF Elmhurst Warehouse
CTL Global, a Chicago-area logistics and fulfillment company founded in 1978, will be expanding into a 248,000-square-foot warehouse/distribution facility at 1000 N.… Read more
Two-Building Detroit Office Campus Sells to NYC Investor
CBRE’s Anne Galbraith Kohn recently represented Hayman Company in its disposition of Northfield Office Park, 5600 and 5700 Crooks Rd.… Read more
Colliers Bolsters Industrial and Multifamily Teams
Colliers International | Chicago continues to grow with the addition of three associate brokers in the Chicago area. Alex Kritt… Read more
SIOR Chicago Packs Meals for Nonprofit on Annual Service Day
Members from the Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) recently came together to participate in… Read more
Fast-Growing Mail Sorting Business Expands to 203K SF
Minneapolis-based United Business Mail (UBM) has signed a 203,000-square-foot, full-facility lease at 801 Bryn Mawr in Itasca, IL, representing a nearly… Read more
Law Firm Space Grows More Democratized: Q&A with Wright Heerema
As the law firm has evolved from its traditional operating model, the changes in how firms use their office space… Read more
Affordable Housing Veteran Joins Habitat Team
Kimberly Sisney has joined the Habitat Company team as VP, Habitat Affordable Group. Sisney brings more than 25 years’ experience in property… Read more
USDA Chooses KC to Relocate Two Agencies
The U.S. Department of Agriculture (USDA) has selected the Kansas City region for the home offices of its Economic Research… Read more
10-Story, $45M Office Eyed for Downtown Boise
Boise, ID-based Rafanelli & Nahas submitted plans to develop a 10-story office building in Downtown Boise. The 181,000-square-foot project would… Read more
11-Building Value-Add Portfolio Hits Market in East Rogers Park
The Collection on East Lake Terrace, an 11-building, 181-unit apartment portfolio, has been listed for sale unpriced by the Kiser… Read more