Illinois
Emma Capital Adds Two More Indy Apartment Assets
Emma Capital Investments Inc. has acquired two more apartment properties in Indianapolis. The Toronto-based company paid $38.5 million for Courts I, a 148-unit… Read more
Law Firm Scopelitis Opts for More Space at Inland Steel Building
Colliers International | Chicago’s Tony Karmin and Corby Marx represented Scopelitis, Garvin, Light, Hanson & Feary PC in its new… Read more
Mission Capital Brings Retail/Office Mix to Market in St. Cloud
Mission Capital Advisors’ asset sales group is marketing Marketplace Retail and Office Center, a five-building, 121,406-square-foot, mixed-use property in Waite Park, MN.… Read more
Spec Dominates Chicago Industrial Development
Speculative industrial is still going strong in Chicago, with 19.5 million square feet of new space under construction, says Avison… Read more
Harrison Street Adds VP in Client Services
Investment firm Harrison Street, which targets the education, healthcare and storage sectors, has hired Briana Succop as VP with the firm’s… Read more
Interra Closes Rogers Park Deconversion Sale
Interra Realty has brokered the deconversion sale of 2000 W. Birchwood Ave., a 16-unit condominium building in Chicago’s northernmost neighborhood,… Read more
Debunking 5 Myths About Opportunity Zone Investment
Even as billions pour into Opportunity Zone funds, misconceptions persist on what exactly the Opportunity Zone program entails. “It is… Read more
Equity Residential Nabs Denver MF for $111M
A partnership between Atlanta-based The Integral Group LLC and Chicago-based Wanxiang America Real Estate Group reportedly divested EVIVA on Cherokee… Read more
Medical Tech Firm Relocates to Rosemont’s O’Hare Gateway
Savills Studley has completed a 43,384-square-foot lease to relocate medical technology company Intelligent Medical Objects’ (IMO) corporate headquarters to O’Hare… Read more
NHPF Completes $53M Recap on Mark Twain Renovations
The NHP Foundation has finalized a $53-million recapitalization to renovate the 97-year-old Mark Twain Hotel. NHPF acquired the mixed-use property… Read more
Jefferson Park Apartment Deal Closed by Marcus & Millichap
Marcus & Millichap has finalized the sale of a six-unit apartment property in Chicago’s Jefferson Park neighborhood. Located at 5663… Read more
Draper and Kramer Launches Pre-leasing on Gold Coast Rentals
Pre-leasing is underway for Draper and Kramer’s 61 Banks Street, an eight-story, 58-unit boutique rental building on the last undeveloped lakefront… Read more
It’s Time to Nominate CRE’s Top Brokers
The deadline is drawing near to nominate commercial real estate’s top leasing and sales brokers for Connect Commercial Real Estate’s… Read more
What’s Behind Stores That Don’t Sell Anything?
By Dennis Kaiser Retailers across the spectrum from high-end brands to chain stores are creating Instagram-ready rooms whose main purpose… Read more
National MOB Demand Extends to Illinois
Cornerstone Medical Building, a two-story, 61,174-square-foot medical office property in Rockford, IL, has traded hands. Marcus & Millichap’s Ben Tashakorian… Read more
Lee Illinois Secures Full-Building Lease for Prologis
Lee & Associates Illinois has closed a full-building lease for a 101,536-square-foot industrial property at 2567 Greenleaf Ave. in Elk… Read more
Ventas’ Cafaro Inducted into Senior Living Hall of Fame
Ventas chairman and CEO Debra A. Cafaro was recently inducted into the American Seniors Housing Association’s Senior Living Hall of… Read more
1000M Luxury Condo Tower Debuts Efficiency Floor Plans
The developers of 1000M, an ultra-luxury condominium tower at 1000 S. Michigan Ave., have introduced a series of efficiently-sized units… Read more
Uptown Walk-Up Apartments Trade for $5.75M
4400 N. Magnolia Ave. has traded for $5.75 million, approximately 97% of the original asking price. The property is a… Read more