Illinois
Newmark’s Midwest Capital Markets Secures $45M in Office Sales
Newmark’s Midwest Capital Markets team has completed $45.15 million in office sales within a 17-day period in November. The closings… Read more
Sam’s Club to Open Distribution Centers in St. Louis, Minneapolis
Sam’s Club, a division of Walmart, has announced plans to open two new distribution centers in early 2024 near St.… Read more
Sperry Equities Buys Aurora Shopping Center
JLL has closed the sale of Aurora Commons, a 125,826-square-foot, open-air retail center located within the Chicago MSA in Aurora,… Read more
NICAR Receives Three Awards from NAR
The Northern Illinois Commercial Association of REALTORS (NICAR) was recently awarded three awards by the National Association of REALTORS (NAR) to recognize… Read more
Standard Communities Acquires 214-Unit Senior Living in IL
Standard Communities, a national affordable housing developer and investor, has led a public-private partnership acquiring Huntington Towers, a 100 percent… Read more
Salesforce Tower Chicago Makes Its Debut, Company Commits $1.25M in Grants
Salesforce Inc. celebrated the grand opening today for its new downtown Chicago office building — Salesforce Tower Chicago — a… Read more
Interra Realty Brokers $11M Sale of Suburban Apartments
Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the $11 million sale of Westwood Apartments, an 11-building,… Read more
Colliers Represents Opus Development in Aurora Corporate Center Sale
Colliers’ Jeff Devine and Steve Disse represented Opus Development and Principal Asset Management in the sale of Tollway Corporate Center… Read more
DMG Capital Announces Acquisition of 72-Unit Luxury Apartments
DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG) completed the acquisition of Roselle Luxury Apartments, a… Read more
Clear Height, MLG Capital Execute 290K SF Industrial Lease in Ohio
A joint venture partnership between Oak Brook, Illinois-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital has… Read more
Crews Break Ground on New Aurora Hollywood Casino
The new Hollywood Casino in Aurora, Illinois, broke ground recently, signaling the start of the $360 million project. Mayor Richard… Read more
Lee & Associates of IL Promotes Michael O’Leary to EVP
Lee & Associates of Illinois has promoted Michael O’Leary to executive vice president from senior vice president. O’Leary has been… Read more
30-Unit Apartment Building in Alsip Trades Hands
Marcus & Millichap closed the sale of a 30-unit apartment property located in Alsip, Illinois. The 30-unit multifamily building is… Read more
Drugmaker AbbVie to Buy Cancer Biotech ImmunoGen for $10B
North Chicago-based AbbVie, a major biopharmaceutical company, will buy ImmunoGen, a biotechnology firm, for $10.1 billion in cash, as the drugmaker… Read more
7.5K SF Net-Leased Dollar General Property Sells in 1031 Deal
Marcus & Millichap closed the sale of a 7,489-square-foot Dollar General located in Kansas, Illinois. The asset located at 504… Read more
Byline Bank Donates $30K to Communities on Giving Tuesday
In honor of Giving Tuesday, Chicago-based Byline Bank distributed $30,000 to fund philanthropic initiatives, including a $5,000 donation to three… Read more
BWE Secures $10M to Acquire UIUC Student Housing Portfolio
BWE, a national commercial and multifamily mortgage banking company, has secured a $10 million preferred equity investment to finance the… Read more
Entre Completes Sale of Aurora Trucking Build-to-Suit Site
Entre Commercial Realty recently completed the sale of a 3.14-acre development site located at 1995 Melissa Lane in Aurora, Illinois.… Read more