Rosemont
American Street Provides Bridge Loan on Alsip Multifamily
American Street Capital (ASC) secured a $10.92-million bridge loan for a 144-unit multifamily complex in Alsip, IL, about 25 miles southwest… Read more
CushWake: Higher Cook County Assessments Less Impactful Than Expected
Commercial property owners in Cook County have been bracing for higher tax bills – the expected outcome of a three-year reassessment led… Read more
Lightfoot Rolls Out Reforms to TIF Program
Mayor Lori Lightfoot on Wednesday announced a major overhaul of the city’s tax increment financing (TIF) approval and oversight process. The… Read more
AIA Brokers Sale of Value-Add Apartments Near Loyola U.
Apartment Investment Advisers (AIA) recently sold a 40-unit apartment building near Loyola University in the North Side’s Rogers Park neighborhood.… Read more
Cardinal Industrial Picks Up Iowa Amazon Warehouse
Sherman Oaks, CA-based-based Cardinal Industrial acquired a 346,062-square-foot fulfillment center in Iowa City, IA, that’s 100% leased to Amazon. Cardinal reportedly… Read more
Roscoe MOB Sells to Non-Traded REIT
Cushman & Wakefield represented owner Glen Rock Development, LLC in the $7.7- million sale of a three-tenant, 25,565-square-foot medical office… Read more
Andersonville Mixed-Use Trades to Investment Group
A 12-unit mixed-use building at 1657-1659 W. Foster Ave. in the North Side’s Andersonville neighborhood has traded for approximately $2.7… Read more
Buildout Begins for BofA Offices at Namesake Tower
Skender recently started interior construction of the 536,000-square-foot office relocation for Bank of America’s downtown Chicago offices. Relocating from its current… Read more
Ken Sacco Joins Avison Young from Accenture
Ken Sacco has joined Avison Young as a principal, based in Chicago. Sacco joins Avison Young from Accenture, and will advise… Read more
CA Ventures Puts Focus on Healthcare with New Division
CA Ventures, based in Chicago, launched a medical office and life sciences division, and appointed Russell Brenner as president of… Read more
LCN Sells Former Shopko Warehouse in Omaha
LCN Capital Partners sold the 535,000-square-foot former Shopko Distribution Center in Papillion, NE to Papillion Foods. Deal terms weren’t disclosed.… Read more
Prologis’ $13B Acquisition of Liberty Property Trust Completed
San Francisco-based Prologis, Inc. (NYSE: PLD), completed its all-stock acquisition of Liberty Property Trust (NYSE: LPT) for $13 billion. The transaction expands Prologis’… Read more
McShane Launches Build-to-Suit for Option Care
McShane Construction Company has begun construction of a 50,000-square-foot, build-to-suit facility for Option Care Health, Inc. in Itasca, IL. The… Read more
CoreSite Seeks Data Center Incentives Through IL Program
CoreSite Realty Corporation said Monday it’s pursuing a final incentive agreement related to its new ground-up data center development in… Read more
Essex Lists Apartments in Dorchester Arts District
Essex Realty Group’s Brian Mond and Associate Ben Bakula have listed 6800 S. Dorchester Ave. for $5,300,000. The 62-unit multifamily property is located… Read more
Higher-Income Renters Fuel Chicago’s Apartment Market
The number of Chicago-area renters earning $75,000 or more rose 38.8% between 2010 and 2018, says a national report from… Read more
Dayton Street Promotes Moriarty to Acquisitions Director
Joe Moriarty has been promoted to director–acquisitions at Dayton Street Partners, a Chicago-based industrial and logistics real estate investment firm. In… Read more
HSA Plans 1M-SF Business Park on WI Border
HSA Commercial Real Estate completed the acquisition of a 68-acre land parcel at Wilmot Road and 136th Avenue in Bristol, WI,… Read more
Steadfast Trades Workforce Housing in Gurnee
Cushman & Wakefield’s Midwest multifamily advisory group brokered the $9.6-million sale of Carriage House Apartments, a 17-building, 136-unit workforce housing… Read more