CRE N Illinois
Peak Construction volunteers to benefit Special Olympics

Peak Construction volunteers to benefit Special Olympics

Peak Construction Corporation’s PeakGiving Team volunteered at the 19th Annual Special Olympics Jon DeMaine Construction Team Kick Off Picnic on June 2nd. Hosted at Allstate’s headquarters in Northbrook, Illinois, the picnic featured a multitude of games, face painting, food and music. PeakGiving is honored to have participated with McWilliams Electric Company, Special Olympics and all the volunteers and organizers.

Seniors Housing N Illinois
Senior housing grows up

Senior housing grows up

As Baby Boomers approach the age where some form of assisted living starts to become part of their reality, the table is set for the sector to see an explosion in new development. With this increase in demand, one would expect an uptick in efficient, market rate senior housing.

Industrial N Illinois
NAI Hiffman represents HVACR distributor in headquarters relocation

NAI Hiffman represents HVACR distributor in headquarters relocation

NAI Hiffman executive vice presidents John Whitehead and Jeff Fischer represented Neuco, Inc. in its purchase of 515 W. Crossroads Parkway in Bolingbrook, Illinois from Duke Realty. A master distributor of HVACR replacement parts to wholesale distributors throughout North America, Neuco will be relocating from its current Downers Grove location. This 145,000 square-foot building will operate as Neuco’s headquarters and main distribution center for approximately 130 employees.

Retail N Illinois
40,000 SF climbing gym coming to mixed-use The Shops at Big Deahl

40,000 SF climbing gym coming to mixed-use The Shops at Big Deahl

Structured Development has executed a lease with San Francisco-based Planet Granite for a 40,000-square-foot climbing gym at The Shops at Big Deahl, the developer’s planned mixed-use center in Chicago’s Lincoln Park neighborhood. The freestanding facility, which will be located at the corner of Blackhawk and Dayton Streets, is scheduled to open in spring 2020.

CRE N Illinois
Jeremy Grey;Hilco Redevelopment Partners

Hilco Redevelopment Partners hires Jeremy Grey

Hilco Redevelopment Partners, a unit of Hilco Global, announced that Jeremy Grey has joined its real estate redevelopment team as director of development. Grey will be responsible for overseeing all Hilco real estate development activity and future opportunities including the most recently acquired property in Chicago, the decommissioned Crawford Station coal power plant formerly owned by NRG and purchased by Hilco at the end of 2017.

Multifamily N Illinois
Pre-Leasing begins at Chicago's Viridian

Pre-Leasing begins at Chicago's Viridian

Vermilion Development has begun pre-leasing at Viridian on Sheridan, a new luxury rental development at 734 W. Sheridan Road in Chicago’s Lakeview neighborhood. Luxury Living Chicago Realty is the exclusive marketing and leasing brokerage for the 10-story, 100-unit building, while RMK Management will manage the property.

CRE N Illinois
Chicago’s renovation: Important infrastructure projects to make the Heart of America smart and green

Chicago’s renovation: Important infrastructure projects to make the Heart of America smart and green

Known by many around the world as the Windy City, Chicago is a top destination in the United States. With its skyscrapers, basketball heritage and a peculiar bean sculpture loved by tourists, the city has a lot to offer, and it just keeps growing. Recently, city representatives have decided to make some big changes, therefore important investments for new infrastructure projects in Chicago have been made.

CRE N Illinois

Taurus Investment Holdings acquires $201M portfolio in Chicago

Taurus Investment Holdings, LLC announced that the US Logistics Fund I, LP has been fully deployed. The purchase of the Venture One Portfolio located in Chicago was the final investment of the fund. Launched in May 2017, the fund focused on on value-added logistics properties in major US population centers. The Venture One Portfolio is the ninth and final investment of the fund.

Retail N Illinois
JLL inks deal with Ambra Salon & European Spa in River North

JLL inks deal with Ambra Salon & European Spa in River North

JLL has signed Ambra Salon & European Spa to a new, 6,122-square-foot retail lease at The Fordham, located at 704 N. Wabash Avenue. After 10 years in their current location, Marie Bartkova and Sharka Magnus, the mother/daughter team behind the salon, have decided to settle into a new space, but one that remains close to their clientele and in the heart of River North. Their new location is projected to open in June 2018.