Greater Chicagoland Commercial Real Estate News

Krusinski Construction Company completed an expansion to Camcraft’s industrial warehouse in Bartlett, IL., capping a long-term program

Krusinski Construction and Client Camcraft Complete Long-Term Expansion Program

By Paul Bubny | February 07, 2023 Krusinski Construction Company completed a 54,000-square-foot expansion to Camcraft’s industrial ...Read more

Affordable Housing Investment Brokerage Inc. closed the$21.1-million sale of a 171-unit senior apartment property near a planned casino in Rockford, IL

AHIB Represents Buyer and Seller in Rockford Affordable Apartment Sale

By Paul Bubny | February 06, 2023 Affordable Housing Investment Brokerage Inc. (AHIB) closed the sale of a 171-unit senior apartment ...Read more

Industrial Outdoor Ventures completed nearly $330 million of industrial service facility transactions in 2022

Industrial Outdoor Ventures Closes $330M of 2022 Acquisitions

By Paul Bubny | February 06, 2023 Schaumburg, IL-based Industrial Outdoor Ventures (IOV) completed 30 industrial service facility (IS...Read more

JLL is marketing E2, an Evanston, IL apartment property that could sell for more than $150 million, a record for the Chicago suburbs

Evanston Apartment Property Could Set New Sales Price Record

By Paul Bubny | February 06, 2023 Milwaukee-based life insurance company Northwestern Mutual has hired JLL to sell E2, a 352-unit apa...Read more

Marcus & Millichap recently closed the sale of a retail property in Valparaiso, IN that is long-term leased to two medical tenants

New Construction Med-Tail Property Trades in Northwest Indiana

By Paul Bubny | February 03, 2023 Marcus & Millichap recently closed the sale of a 7,344-square-foot new construction med-tail ce...Read more

CHI Principle Construction General RV Huntley IL

Principle Construction Completes Fifth Expansion for General RV in Huntley

By Paul Bubny | February 02, 2023 Principle Construction Corp. has completed its third expansion in five years of the General RV spac...Read more

CHI Medline Grayslake IL distribution center

1.4-Million-Square-Foot Medline Distribution Center Completed in Grayslake

By Paul Bubny | February 01, 2023 Design firm Ware Malcomb and general contractor Alston Construction Company have completed a n...Read more

ML Realty Promotes Ken Lavand to Senior Financial Analyst

By Paul Bubny | January 31, 2023 Ken Lavand has been promoted to senior financial analyst at ML Realty Partners. Sinc...Read more

Office Property Sells to McHenry School District

By Paul Bubny | January 31, 2023 Entre Commercial Realty has arranged the sale of a 21,500-square-foot office building located at 42...Read more

JVM Realty has acquired the Courthouse Square apartments in Wheaton, IL, marking its eighth acquisition in Illinois

JVM Snaps Up Class A Wheaton Multifamily

By Paul Bubny | January 30, 2023 JVM Realty Corp., a vertically integrated multifamily real estate investment and property managemen...Read more

Chicago Industrial Rebounds in Q4 from Slight Pause

By Paul Bubny | January 30, 2023 Following a slight dip in demand during the third quarter of 2022, Chicago industrial picked right ...Read more

Timothy Crane has been named CEO of Wintrust Financial Corporation in a planned succession to succeed Edward Wehmer, who co-founded the company in 1991

Wintrust Financial Names New CEO in Planned Succession

By Paul Bubny | January 30, 2023 Wintrust Financial Corporation, headquartered in Rosemont, IL, has named president Timothy Crane ...Read more

AIT Worldwide Logistics has leased 56,808 square feet of office space at Two Pierce Plaza in Itasca, IL for its headquarters

AIT Global Logistics Leases 57K SF of Headquarters Space in Itasca

By Paul Bubny | January 27, 2023 Newmark arranged a new 56,808-square-foot lease at Class A office building Two Pierce Place in...Read more

Greenstone Partners arranged the sale of a multi-tenant retail center near a well-trafficked intersection in Frankfort, IL

Greenstone Sells Multi-Tenant Retail in Frankfort

By Paul Bubny | January 26, 2023 Greenstone Partners sold a multi-tenant net-lease retail center located at 20910-30 S. La Grange Rd...Read more

Marcus & Millichap arranged the sale of a medical office building in Plainfield, IL a little more than a year after the seller acquired it

Marcus & Millichap Brokers Sale of Plainfield Offices After One-Year Hold

By Paul Bubny | January 25, 2023 Marcus & Millichap has closed the sale of Plainfield Medical Building, a 20,281-square foo...Read more

CHI Matt Patterson Draper and Kramer Mortgage

Draper and Kramer Mortgage Promotes EVP to President

By Paul Bubny | January 24, 2023 Draper and Kramer Mortgage Corp. has promoted Matt Patterson to president. Patterson, who has serve...Read more

Avison Young has negotiated the sale of a multi-tenant, industrial facility adjacent to the Chicago Rockford International Airport in Rockford, IL

Avison Young Brokers Sale of Multi-Tenant Industrial Adjacent to Rockford Airport

By Paul Bubny | January 24, 2023 Avison Young has negotiated the sale of a multi-tenant, 650,000-square-foot industrial facility at ...Read more

Chicago Investment Firm Sees Upside in Suburban Office Properties

By Paul Bubny | January 24, 2023 As the battered office sector adjusts to post-COVID realities, Jeff Bernstein and Larry Elbaum are ...Read more

Marcus & Millichap arranged the sale of a BP-branded gas station in Downers Grove, IL to a local limited liability company

Downers Grove BP Gas Station Snapped Up by Local LLC

By Paul Bubny | January 23, 2023 Marcus & Millichap arranged the sale of a BP gas station property located in Downers ...Read more

CHI Baxter-HQ-entrance-signage-Deerfield-IL

Bridge Industrial Under Contract for Baxter Campus in Deerfield

By Paul Bubny | January 23, 2023 Locally based Bridge Industrial is under contract to buy Baxter International’s corporate campus ...Read more

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