Illinois
JLL IPT Fully Subscribes $104M Diversified DST
JLL Income Property Trust has fully subscribed JLLX Diversified VI, DST, a $104 million Delaware Statutory Trust. JLLX Diversified VI,… Read more
Australian Clean Fast Food Brand Plans Eight Chicagoland Locations
Guzman y Gomez (GYG), a Mexican casual and fast food restaurant chain based in Australia, has signed a lease in… Read more
Thorofare Capital Provides Nearly $43M for Twin Cities Senior Housing
Thorofare Capital, an affiliate of asset management platform Callodine Group, provided a $42.89 million bridge loan to refinance Risor of… Read more
Newmark Arranges Sale of Two-Building R&D Campus in Sunnyvale
Newmark arranged the sale of Mathilda Tech Park, a two-building, 105,000-square-foot technology R&D campus located in Silicon Valley’s Sunnyvale submarket… Read more
Marcus & Millichap Brokers Sale of Naperville Retail Property
Marcus & Millichap completed the sale of a 22-suite retail property located in Naperville, Illinois. The property sold for $6.99… Read more
Merchants Capital Surpasses $1B in Tax Credit Equity in 2024
Merchants Capital announced $1.08 billion in fund investments closed across the firm’s multi-investor, proprietary and state credit offerings for 2024.… Read more
Lee & Associates Arranges 21K-SF Industrial Lease in Elmhurst
Lee & Associates completed a 20,987-square-foot lease at 849 N Church Court, Elmhurst, Illinois. The institutionally owned and managed building… Read more
Habitat Secures $73M Loan, $29M in New Equity for Chicago MF
Chicago-based Habitat has refinanced Columbus Plaza, a 47-story, 534-unit apartment high-rise in downtown Chicago. Habitat and its partners secured a… Read more
Atlanta Ranks Among Nation’s Leaders in Office-to-Apartment Conversions
According to a recent RentCafe/Yardi Matrix report, the Atlanta metropolitan area will see 2,239 spaces come to life through office-to-apartment conversion projects,… Read more
NAI Hiffman Brokers Sale of Suburban Chicago Industrial
NAI Hiffman has brokered the sale of a 4-acre industrial outdoor storage property at 2351 Powis Road in West Chicago,… Read more
Peak Properties Expands Portfolio with Two Building Assignments
Peak Properties has been awarded a management assignment in Chicago’s Lincoln Park West neighborhood. The assignment encompasses two red-brick buildings… Read more
Organic Snack Brand Leases 303K SF with Lincoln Equities
Lincoln Equities Group (LEG) has signed a 303,100-square-foot lease with Lesser Evil, a Connecticut-based sustainable company that makes clean, organic, less-processed snacks. Located… Read more
CBRE Brings Webster Place in Chicago’s Lincoln Park to Market
CBRE has been retained as the exclusive agent for the sale of Webster Place, a 136,130-square-foot, newly renovated healthcare and… Read more
Chicago/Midwest People & Company News, week of February 7, 2025
NAI Hiffman has appointed Paul Grusecki as managing director – head of advisory services. Grusecki will be based in Hiffman’s… Read more
Newmark Arranges Acquisition of 49K-SF Chicago Office Building
Newmark has arranged the acquisition of 405 West Superior Street, a 49,534-square-foot office building in Chicago, Illinois. The asset was acquired… Read more
Rockpoint Adds 607K-SF Distribution Facility in Uxbridge
Boston-based real estate private equity firm Rockpoint acquired Uxbridge Distribution Center, a 607,000-square-foot industrial distribution facility located on a 70-acre… Read more
Lexington Homes Starts Sales, Construction of Geneva Townhomes
Chicago-based Lexington Homes has started site work on Geneva Crossing, a new 40-townhome community in Geneva, Illinois. Located at 2763… Read more
JW Mitchell Unloads Two SE Warehouses
JW Mitchell sold an Atlanta-area warehouse and one from Memphis. CBRE facilitated the sale along with $69.9 million in acquisition… Read more