Greater Chicagoland Commercial Real Estate News

33 Realty arranged the sale of Qual Ridge of Naperville, a 152-unit condominium complex set that will be operated as rentals

33 Realty Closes Sale of Naperville Condo Deconversion

By Paul Bubny | July 26, 2022 33 Realty has closed the sale of the Quail Ridge of Naperville Condominiums in Naperville, IL for $...Read more

DarwinPW Guides Prefab Home Manufacturer to First North American Space

By Paul Bubny | July 25, 2022 DarwinPW Realty broker Dan Prendergast represented both the building owner, Brennan Investments, an...Read more

Northmarq arranged a $42.8-million transaction for Terra Creek Apartments in Rockford, IL and also secured $28 million in financing

Rockford Apartments Change Hands via Northmarq

By Paul Bubny | July 22, 2022 Parker Stewart, Alex Malzone and Dominic Martinez of Northmarq’s Chicago and St. Louis investment...Read more

Greystone porivded a $60-million bridge loan to acquire 21 Kristin Apartments in Schaumburg, Illinois

Greystone Provides Bridge Loan for Schaumburg Deconversion Deal

By Paul Bubny | July 21, 2022 Greystone provided $60,000,000 in bridge financing to acquire 21 Kristin Apartments, a 357-unit con...Read more

Chicago Bell Works Chicagoland Exterior Hoffman Estates IL

Class A Office Fares Best in Chicago Suburbs

By Paul Bubny | July 21, 2022 In Chicago’s suburbs, high quality, well located, Class A properties will continue to see the mos...Read more

Peak Properties will now manage Old Orchard Residences, a five-building complex in Skokie, IL

Peak Properties Tapped to Manage Skokie Residential Complex

By Paul Bubny | July 20, 2022 Peak Properties, LLC has been tapped to take over management of 144 apartments plus the associated ...Read more

Endotronix will relocate its headquarters to 80,000 square feet at HUB 1415 in Naperville, IL

Life Sciences Company Endotronix Upsizes Headquarters in Move to Naperville

By Paul Bubny | July 20, 2022 Endotronix, Inc., a digital health and medical technology company, will relocate and expand its hea...Read more

CHI 1411-1435 Lake Cook Road Deerfield IL CBRE

CBRE Markets Redevelopment Opportunity in Deerfield

By Paul Bubny | July 19, 2022 CBRE is bringing to market a 37.5-acre mixed-use redevelopment opportunity in Deerfield, IL. Tony G...Read more

GAF Lines Up 450K-SF Manufacturing Plant in Peru, IL

By Paul Bubny | July 18, 2022 GAF, North America’s largest roofing and waterproofing manufacturer, will build an $80-million, 4...Read more

Connect-Media-Chicago-Bridge-Point-North-Building-VI-Waukegan-IL.jpg

Limited Availabilities Slow Net Absorption in Chicago Industrial

By Paul Bubny | July 18, 2022 Vacancy in Chicago’s industrial market decreased by 40 basis points in the second quarter and 190...Read more

Michael Swain has joined PDB Construction as vice president and Marty Mansch has been promoted to general superintendent

PDB Construction Adds Two to Leadership Team

By Paul Bubny | July 15, 2022 PDB Construction has made two additions to its leadership team. Michael Swain has joined the Buffal...Read more

Housing Trust Group will develop its first project in Illinois, Crescent Place in Arlington Heights

Housing Trust Group Enters Illinois with Arlington Heights Project

By Paul Bubny | July 15, 2022 Affordable housing developer Housing Trust Group (HTG) has closed on financing and broken grou...Read more

A CVS pharmacy in Noblesville, IN sold as part of Inalnd Private Capital's Pharmacy Portfolio III DST

Inland Private Capital Produces 265% Total Return on Zero-Coupon Offerings

By Paul Bubny | July 15, 2022 Oak Brook, IL-based Inland Private Capital Corporation (IPC) sold two pharmacy portfolios for ...Read more

AmCap, based in Stamford, Connecticut, has acquired a Jewel Osco-anchored shopping center in Hoffman Estates, Illinois

AmCap Acquires Grocery-Anchored Center in Hoffman Estates

By Paul Bubny | July 14, 2022 AmCap, Incorporated has acquired Hoffman Plaza, a 146,263-square-foot, high volume, grocery-anchore...Read more

EQT Exeter acquired Reserve Randall Road, a garden-style apartment property in West Dundee, Illinois, in an off-market transaction

EQT Exeter Acquires West Dundee Apartments from Developer

By Paul Bubny | July 13, 2022 EQT Exeter’s U.S. Multifamily team recently acquired the 380-unit Reserve Randall Road in West Du...Read more

Clear Height Properties has promoted Rick Nevarez and Joe Young within the firm's acquisitions and asset management functions

Clear Height Makes Promotions in Acquisitions, Asset Management

By Paul Bubny | July 12, 2022 Rick Nevarez has been promoted to director of acquisitions and Joe Young to managing director, asse...Read more

Brennan Investment Group will develop a build-to-suit for Zippy Shell in Bartlett, Illinois

Brennan Developing Build-to-Suit for Zippy Shell

By Paul Bubny | July 12, 2022 Brennan Investment Group will develop a 118,800-square-foot build-to-suit warehouse facility for Zi...Read more

Club Colors will move its U.S. headquarters to Bell Works Chicagoland, the redeveloped former AT&T campus in Hoffman Estates, IL

Bell Works Chicagoland Signs Largest Office Tenant to Date

By Paul Bubny | July 12, 2022 Bell Works Chicagoland, the redeveloped former AT&T corporate campus in Hoffman Estates, has si...Read more

Cresa's Ed Lowenbaum arranged a sale-leaseback for Alliance Paper and Foodservice Equipment in Franklin Park, IL

Cresa Arranges Industrial Sale-Leaseback for Alliance Paper

By Paul Bubny | July 11, 2022 Cresa managing principal Ed Lowenbaum represented ConCan II, a related party to tenant Alliance Pap...Read more

Bourbon Square Apartments in Palatine, IL has traded for a reported $139.3 million, the highest price ever paid for a suburban Chicago multifamily property

Palatine Multifamily Sale Sets New Record for Chicago Suburbs

By Paul Bubny | July 11, 2022 Locally based Albion Residential bought Bourbon Square, a 612-unit community in Palatine, IL, from ...Read more

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