Illinois
Tech Companies Evolve Workplaces Amid AI Transformation
Technology companies are strategically optimizing their real estate portfolios to free up capital for artificial intelligence investments while simultaneously enhancing… Read more
Partner Valuation Advisors Issues Mid-Year 2025 Retail Report
Partner Valuation Advisors has released its Mid-Year 2025 Retail Market Snapshot, highlighting how the retail sector remained steady in Q2… Read more
NAI Hiffman Closes Chicago Industrial Deals Totaling Over 1.2M SF
NAI Hiffman’s industrial brokerage team led by Executive Vice President Kelly Disser, together with Executive Vice President Mike Freitag, Senior… Read more
MWI Property Group Breaks Ground on 211-Acre Business Park
MWI Property Group (MWI) recently hosted a groundbreaking event for the Gateway Business Center, a master-planned business park in Geneva,… Read more
DWG Capital Partners Buys 131K-SF Industrial Facility in Sale-Leaseback
DWG Capital Partners has purchased a 131,061-square-foot industrial facility located at 8060 US-50 in Breese, Illinois. Situated on 5.92 acres,… Read more
MedProperties Realty Advisors Acquires Medical Building in Suburban Chicago
MedProperties Realty Advisors, a Dallas-based healthcare real estate investor, has acquired Millennium Medical Center, a 41,540-square-foot medical outpatient building at… Read more
Canyon Partners Real Estate Provides Financing for The Saint Grand in Chicago
Canyon Partners Real Estate has provided a $106.3 million senior loan to a joint venture controlled by Mavrek Development to… Read more
Kayne Anderson JV Buys Michigan Avenue Residential Tower
A joint venture between Kayne Anderson Real Estate and CEDARst Companies has acquired Millie on Michigan, a newly built 47-story… Read more
Clear Height Properties, Long Wharf Capital Acquire Off-Market Industrial Building
A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Long Wharf Capital has acquired 570-590… Read more
250-Room Virgin Hotels Chicago Sold at Discount
An affiliate of Michigan-based Accelerated Assets has paid nearly $77.4 million for the 250-room Virgin Hotels Chicago. The hotel, which… Read more
Chicago/Midwest People & Company News, week of July 25, 2025
St. Luke’s Health Corp. has selected Cushman & Wakefield to lead marketing efforts to sell its Des Peres Hospital Campus… Read more
SVN Chicago Closes 100-Unit MF Portfolio Sale in DeKalb
SVN Chicago Commercial has brokered the sale of a 100-unit multifamily portfolio in DeKalb, Illinois. The portfolio, comprised of seven… Read more
Silver Property Group Acquires $45M Chicago MF Portfolio
Silver Property Group has acquired a 263-unit multifamily portfolio in East Rogers Park for $45 million. The portfolio was previously… Read more
Marcus & Millichap Capital Corporation Arranges Financing for IL Retail Property
Marcus & Millichap Capital Corporation (MMCC) has arranged $4.1 million in financing for Carillon Court, a 29,891-square-foot retail strip center… Read more
Albion Residential Closes on Financing for First St. Louis Project
Albion Residential, a Chicago-based firm specializing in the acquisition and development of luxury rental apartments, has closed on its construction… Read more
NAI Hiffman Brokers 87K-SF Medical Office Lease Renewal in New Lenox
NAI Hiffman has brokered an early, long-term lease renewal for Silver Cross Hospital at 1890 Silver Cross Blvd., a 174,855-square-foot,… Read more
Peak Properties Takes Over Management of Lincoln Park MF
Peak Properties announced the firm’s latest management assignment at 2052 N. Dayton St. in Chicago’s Lincoln Park neighborhood. This classic… Read more
Real Realty Brokers Sale of Apartments in West Rogers Park
Real Realty, a multifamily brokerage and property management firm, announced the closing of the Albany Apartments, a 24-unit building located… Read more
Chicago-Based 29th Street Invests Preferred Equity into Texas Multifamily
29th Street Finance has completed a $4.5 million preferred equity investment at Milo on Westheimer, a 230-unit multifamily property in… Read more