Illinois
Lee & Associates Duo Secures Trio of Leases for Personal Care Manufacturer
Lee & Associates – LA North/Ventura principals Erica Balin and Scott Caswell, SIOR negotiated three long-term leases in a three-building complex… Read more
Chicago/Midwest People & Company News, week of August 30, 2024
JVM Realty (JVM), a Chicago-based vertically integrated multifamily real estate investment and property management firm, has hired Adam Short as the company’s… Read more
Wilmette Apartment Project Proposal Clears Hurdle
Plans for Glencoe, Illinois-based developer Optima, Inc. to construct a large apartment building on Wilmette’s Green Bay Road corridor have… Read more
Peak Properties Awarded Management of Lincoln Park Adaptive Reuse
Peak Properties has been awarded management of The Ludlow, a historic typograph factory that has been reimagined with 121 residences… Read more
Colliers Arranges Sale of Woodridge Commerce Center
Colliers completed the sale of Woodridge Commerce Center, an institutional quality, three-building industrial complex located at 10204, 10210, and 10216… Read more
The Saint Grand Mixed-Use Reaches 75% Leased Milestone
The Saint Grand, a co-development and joint venture between Mavrek, Double Eagle Development, Luxury Living, and GW Properties, has leased… Read more
Lee & Associates of IL Completes Large O’Hare Industrial Sale
Lee & Associates of Illinois has closed the 101,577-square-foot sale of 701 Rohlwing Road in Itasca, Illinois. This is the… Read more
Kroger, Albertsons Merger Marks Key Hearing in Portland
The ongoing legal processings surrounding the proposed megamerger of two of the country’s biggest grocers, Kroger and Albertsons, marked the… Read more
KeyBank Provides $2M for Women, BIPOC Chicago Investor Fund
KeyBank Community Development Financial Institutions (CDFI) Lending and Investment Group has provided a $2 million loan to C3’s Impact Fund.… Read more
Plymouth Industrial REIT Partners with Sixth Street for Growth Capital
Boston-based Plymouth Industrial REIT has formed a strategic agreement with global investment firm Sixth Street for long-term growth capital to accelerate earnings… Read more
Bulls CEO Joins Intersect Illinois’ Board of Directors
Intersect Illinois announced that Elizabeth Buchanan, President of North American business for NielsenIQ, Richard Demirjian, President of TCCI Manufacturing, and… Read more
Fully Leased Wicker Park MF Property Sells
Greenstone Partners has sold 1320 North Wicker Park Avenue, a 5,900-square-foot, value-add multifamily property in Chicago’s Wicker Park neighborhood—the fully… Read more
Marcus & Millichap Arranges Sale, Financing of IL Retail Portfolio
Marcus & Millichap finalized the sale of a three-building, 11-tenant retail portfolio located in Mount Prospect, Illinois. The properties collectively… Read more
JLL Arranges $31M Construction Loan for Lincoln Park MF
JLL has arranged a $31 million construction loan in the form of a participating mortgage for the development of 1529 N… Read more
Chicago/Midwest People & Company News, week of August 23, 2024
Northmarq is pleased to announce the expansion of its Minneapolis Debt + Equity team by welcoming Senior Vice President Lucas… Read more
Avison Young Markets Land Near Lake Erie for Mixed-Use Development
Avison Young has been retained by Avon Lake Environmental Redevelopment Group, LLC (ALERG) to sell 43.23 acres of lakefront land… Read more
Goose Island Project Site Listed for Sale
The owners of a former lumberyard on Goose Island are offering the land for sale, a move that calls into… Read more
Hernandez Development Opens New Self-Storage in Carol Stream
Hernandez Development has unveiled a new Class A self-storage facility in Carol Stream, Illinois. The development is set on a… Read more
Sterling Bay, Wheelock Street Capital Sell Hyatt House-Fulton Market
Sterling Bay and Wheelock Street Capital have closed the sale of Hyatt House Chicago / West Loop-Fulton Market. Located at… Read more