Illinois
American Machine Works Sells 16K-SF Warehouse in Indiana
Marcus & Millichap arranged the sale of 570 Progress Ave., a 16,000-square-foot industrial warehouse property located in Munster, Indiana. The… Read more
Colliers Arranges 20K-SF Retail Lease to Galleria Furniture in Joliet
Colliers’ Chris Irwin and Brad Belden recently represented RMS in its lease of a 20,000-square-foot storefront at Marycrest Shopping Center,… Read more
Logistics Property Company Closes $205M Loan with PGIM Real Estate
Logistics Property Company, LLC, a Chicago-based logistics real estate developer, closed a $205 million permanent loan with PGIM Real Estate.… Read more
Moderne Ventures Closes Over $230M for MV Fund III
Moderne Ventures, a Chicago-based venture capital and growth equity firm, has raised over $230 million for MV Core Fund III,… Read more
Chicago’s North Shore Flagship Tesla Sales Center Sells
JLL brokered the sale of Chicago’s flagship Tesla Sales, Service and Delivery Center at 1000 Skokie Blvd in Northbrook, Illinois, a… Read more
Waterton Closes $1.7B Multifamily Value Add Real Estate Fund
Chicago-based Waterton announced the final close of Waterton Residential Property Venture XV, L.P. with $1.73 billion of equity commitments from… Read more
Developer Proposes Condo Project in Fulton Market
A luxury condo developer is eyeing a sizeable apartment project in the Fulton Market District. Sulo Development wants to build… Read more
JLL Begins Leasing at the Varsity Theater in Evanston
JLL announced today that it is conducting its initial leasing at the Varsity Theater and Bookman’s Alley in Evanston, Illinois.… Read more
Mid-America Brokers Sale of Two Chicago Multi-Tenant Properties
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of two 100% occupied multi-tenant retail properties in Streeterville… Read more
Developers Explore Partial Redevelopment of Church Street Plaza
Developers are exploring a mixed-use development concept in Evanston, Illinois, that could include 358 rental apartment units and 2,900 square… Read more
Chicago/Midwest People & Company News, week of September 13, 2024
JLL announced that Andy Dutcher has joined its Columbus office as Managing Director. Boasting over 16 years of real estate… Read more
Chicago-Area Medical Mixed-Use Trades for $19M
JLL has completed the $18.75 million sale of Hawthorne Commons, a 48,942-square-foot, Class A mixed-use “medtail” property anchored by Northwestern… Read more
Kiser Brokers Close of Four Multifamily Transactions
Kiser Group announced that brokers Jack Petrando and Noah Clark closed four Chicago multifamily transactions in three weeks. 1444 S.… Read more
68K-SF Industrial Lease Renewal Signed for Alsip Distribution Property
Lee & Associates has closed a lease renewal transaction for a 68,310-square-foot industrial space located at 11800 S. Austin Avenue… Read more
Essex Closes Sale of 8-Unit Multifamily in Lakeview
Essex Realty Group, Inc. completed the sale of 3507-3509 N. Wilton Ave., an eight-unit center entrance building located in Chicago’s… Read more
Interra Realty Closes $19M Sale of Chicago MF Portfolio
Interra Realty has brokered the sale of a five-building, 97-unit multifamily portfolio in Chicago. The properties sold for $19.3 million,… Read more
MCB Science + Health Acquires Naperville MOB for $28M
MCB Science + Health has acquired 1331 West 75th Street, a more than 72,000-square-foot medical office building in Naperville, Illinois,… Read more
Vestian Unveils New Global Brand Identity
Vestian, a Chicago-based corporate real estate services firm, announced the launch of its new brand identity. This rebrand reflects the… Read more
Social Darts Eatertainment Concept to Open in St. Louis
State of Play Hospitality, an international social entertainment operator, has signed a lease in St. Louis, Missouri, to open Flight… Read more