Illinois
Essex Brokers Sale of Two Multifamily Properties in Bensenville
Essex Realty Group has completed the off-market sale of two 12-unit apartment buildings in Bensenville, a northwest suburb of Chicago.… Read more
DC Partners Eyeing Fredericksburg for Mixed-Use Project
DC Partners is planning a 22-acre mixed-use development in Fredericksburg. It will include retail and will be anchored by a hotel.… Read more
IMAGE Studios to Open First IL Concept at Fox River Commons
The first IMAGE Studios concept in Illinois is set to open at Fox River Commons in Naperville later this month.… Read more
Maverick Commercial Mortgage Secures Gold Coast Retail Loan
Maverick Commercial Mortgage, Inc. has secured financing for a three-tenant, 5,800-square-foot retail property in the Gold Coast, Chicago. The $5.65… Read more
Friedman Properties Completes Renovations at River North Landmark Building
Chicago-based real estate investment and development firm Friedman Properties has completed the first phase of renovations at the Reid Murdoch… Read more
El Fuego Mexican Grill to Open Location in Tinley Park
El Fuego Mexican Grill has signed a long-term sublease in the former 2,278-square-foot Epic Wings space at 17120 S Harlem… Read more
Greenstone Partners Brokers Chipotle-Anchored Retail Sale
Greenstone Partners has sold 1733-1735 N. Damen Avenue, a 4,747-square-foot two-tenant retail investment located in Chicago’s Wicker Park neighborhood. The… Read more
Chicago/Midwest People & Company News, week of March 7, 2025
JLL has named Matt Coursen as its new U.S. Healthcare Lead, Leasing Advisory. He now oversees a team of hundreds… Read more
NewAge Products Leases 169K-SF at IL Industrial Development
Seefried Industrial Properties announced that NewAge Products has secured a 168,741-square-foot lease at 25340 South Ridgeland Avenue in Monee, Illinois.… Read more
Old Town Apartments Trade Hands for $88M
JLL has secured the $88.25 million sale of Cobbler Square, a historic 292-unit apartment community located in Chicago’s Old Town neighborhood.… Read more
F.H. Paschen Breaks Ground on Senior Apartments in Franklin Park
Contractor F.H.Paschen and developer Evergreen Real Estate Group recently broke ground on a new senior housing development and community center… Read more
Arthur J. Gallagher to Acquire Woodruff Sawyer for $1.2B
Arthur J. Gallagher & Co., an insurance brokerage headquartered in Rolling Meadows, Illinois, has agreed to acquire Woodruff Sawyer, a San… Read more
Bally’s $1.7B Chicago Casino Gains Site Approval
Bally’s Corp. recently cleared a major construction hurdle for its Chicago location following the formal approval of its site plans… Read more
Data Center Supply Surges with AI and Digital Services Demand
North America’s data center sector doubled the amount of supply under construction in 2024 from the previous year to a record 6,350.1 megawatts… Read more
Newly Built Multifamily Property in Illinois Trades Hands
Marcus & Millichap has arranged the sale of The Jade Residences of Waterfall Glen, a 70-unit apartment property located in… Read more
$42M Bridge Financing Secured for St. Louis Park Senior Living Property
A $42.908 million bridge loan refinancing has been secured for Risor of St. Louis Park, a 170-unit, 55+ apartment community… Read more
Bradford Allen to Redevelop Indy Motorsports Facility for Andretti
Bradford Allen has arranged a lease for TWG Motorsports, the parent company of Andretti Global, at the former IndyStar Pulliam… Read more
JLL Advises on $467M Sale-Leaseback of SouthState Banks
JLL has arranged the $467 million sale and leaseback of 165 retail bank branches across six southeastern states, occupied by… Read more
Cambridge Realty Capital Provides $43M for Properties in IL, WA, and IA
Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington,… Read more