Naperville
Caton Commercial Names VP of Broker Development
Caton Commercial Real Estate Group, based in Naperville, IL, has appointed Matthew E. Drane as the new VP of broker development. Drane will oversee… Read more
Des Plaines Apartments Trade in Chicago Suburbs’ Second-Largest 2021 Deal
Park Ridge Commons, a 752-unit multifamily property in Des Plaines, IL, sold for $117 million in Chicagoland’s second largest suburban apartment deal of 2021. The… Read more
Naperville Mixed-Use Sets Pricing Record
Essex Realty Group recently facilitated the sale of The Washington, located at 720 N. Washington St. in Naperville, IL. Completed in… Read more
NYC Leads Metros in Delinquency Balance, But Not Rate
Although the New York-New Jersey SMSA has the highest CMBS delinquency balance at $4.7 billion as of October, it doesn’t have the highest rate, Trepp… Read more
Colliers’ Devine and Disse Arrange Sale of Naperville Warehouse
Colliers Chicago’s Jeff Devine and Steve Disse represented TA Realty in the sale of Jefferson Business Center, a 169,250-square-foot warehouse/distribution… Read more
Origin Investments JV Trades Naperville Multifamily After Nine-Year Hold
Origin Investments and joint venture partner Randolph Street Realty Capital completed the sale of One Nineteen on Main, a 49-unit… Read more
$370M Quartet of Apartment Deals Illustrates Chicago’s Appeal
CBRE’s John Jaeger, Dan Cohen and Justin Puppi recently arranged four separate capital market transactions of multifamily properties in the Chicago area.… Read more
Newly Launched CA Health and Science Trust Lands Backing from Asset Management Firms
CA Health and Science Trust, Inc. (CAHST), a newly formed and externally managed private REIT, has closed on an investment of up to $245… Read more
Pensam Adds to Chicagoland Multifamily Portfolio
Miami-based investment firm Pensam has acquired Lakeside Apartments in Wheaton, IL and Aspen Place Apartments in Aurora, IL. Deal terms for the 620-unit portfolio weren’t disclosed. ‘The acquisition of Lakeside… Read more
TWG Will Make Chicagoland Debut with Active Adult Project
TWG said Wednesday it’s developing McDowell Point, a $62.38-million, 174-unit active adult community in Naperville, IL. This will be TWG’s first… Read more
Naperville Apartment Trade Reaches Three-Year High on Pricing
In the Chicago suburbs’ biggest apartment deal in nearly three years, a venture led by Des Moines-based BH Equities has… Read more
Calamos Investments Establishes Chicago Presence in Fulton Market
Global asset manager Calamos Investments has signed a multiyear lease for the top floors of Parkside Realty’s Fulton East development… Read more
Vacancies Rise in Suburban Office, But Tenants Return to the Market
The first quarter brought stirrings of life in Chicago’s suburban office market, according to reports by Colliers and JLL. Both… Read more
Haven Realty Snags DRC Community in Naperville
Haven Realty Capital added to its single-family rental portfolio with the $18.5-million acquisition of Ashwood Place, a newly constructed 60-home dedicated rental community… Read more
Alliant Credit Union Closes on $39M Refi
Alliant Credit Union has closed on a $39-million loan to refinance a 300+ unit multifamily property located in Naperville, IL. The… Read more
Ranch Townhomes Fetch $19M in Naperville
CBRE arranged the sale of Ashwood Place Apartments, a 60-unit ranch townhome community at 4209 Pond Willow Rd. in Naperville,… Read more
Amazon Fresh Will Make Illinois Debut in Naperville This Week
Amazon said Friday it would open its first Amazon Fresh grocery store in Illinois on Dec. 10 in Naperville. The… Read more
Lee IL Closes Trio of Industrial Leases
Lee & Associates closed three industrial leases totaling 95,799 square feet in Chicago’s western suburbs. They included the following: • EVP… Read more
Pritzker Imposes COVID Resurgence Mitigations in Chicagoland
Gov. JB Pritzker said Tuesday that COVID-19 resurgence mitigations will be implemented in four suburban Chicago counties, including Will and… Read more