Illinois
Report: Big Box Speculative Construction Slows Down
In 2024, the construction of new large-scale retail developments slowed significantly, with only 27 buildings of 200,000 square feet or… Read more
Anguleris Acquires Concora to Expand BIM Solutions
Anguleris, an Elgin-based global construction technology company, has acquired Concora Spec, the product specification platform formerly known as SmartBIM. The… Read more
Peak Construction Expands into Connecticut
Illinois-based Peak Construction Corporation has received its general contractor’s license in the state of Connecticut. The licensure grows the company’s… Read more
Amazon Plans Data Center Expansion in Oregon
Amazon is planning a significant expansion of its data center operations on a 400-acre site in Arlington, Oregon. The tech… Read more
Brennan Opportunity Fund Acquires Third Asset
Brennan Investment Group has acquired a single-tenant industrial property of 100,000 square feet on 18 acres in Hebron, Kentucky. “This acquisition… Read more
Terreno Completes Industrial Redevelopment of Santa Ana Site
Bellevue, WA-based Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets,… Read more
Howard & Howard Attorneys to Relocate Chicago Office to Two Pru
Howard & Howard Attorneys, a full-service, national law firm, will relocate its Chicago office to Two Pru in a long-term… Read more
Interactive Gaming Facility to Open Naperville Location
Activate, an interactive gaming facility, has selected Fox River Commons in Naperville for the site of its second location in… Read more
KBS Refinances Two Loan Facilities Over $800M Including Chicago Tower
KBS Realty Advisors has completed two major refinancings for KBS Real Estate Investment Trust III (REIT III). The new agreements… Read more
Apartments West of Chicago Sell for $72M
Chicago-based Laramar Group has purchased the ReNew Downers Grove apartment complex for $72.1 million from FPA Multifamily. JLL’s Kevin Girard,… Read more
BKM Nearly Triples Transaction Activity in 2024
Newport Beach-based BKM Capital Partners, a vertically integrated institutional fund manager specializing in value-add light industrial properties, announced a record-setting year of… Read more
Chicago/Midwest People & Company News, week of February 14, 2025
Newmark has hired Keely Polczynski, a respected retail investment sales professional with more than 20 years of experience, to its… Read more
Wells Fargo Continues Chicago Expansion, Opens West Loop Branch
Wells Fargo celebrated the opening of its new West Loop bank branch located at 935 W. Randolph St. as it… Read more
Salem Flex/Industrial Property Goes to Calare in Sale-Leaseback
Marcus & Millichap closed today the sale of an 84,814-square-foot flex/industrial property at 1 Technology Way in Salem, MA for… Read more
Entre Commercial Realty Completes Sale of 10-Acre Crystal Lake Site
Entre Commercial Realty has sold a 10-acre site for high-quality manufactured homes at 4202 Three Oaks Drive in Cary, Illinois.… Read more
Eastham Capital Acquires Chicago MF for $76M
Eastham Capital has acquired Haven Hoffman Estates, a 550-unit residential apartment community in the Chicago suburb of Hoffman Estates. The… Read more
The Meridian Group Completes 1M-SF Industrial Building in VA
Colliers announced the completion of a 1 million square foot cross-dock facility located at 1251 Coverstone Drive, the largest speculative… Read more
Industrial: Sector Poised for Growth
The industrial construction boom took place between late 2020 and 2022. Demand for warehouse and logistics space drove speculative builds.… Read more