Multifamily N Illinois
Wicker Park Connection adds retail users, hits the market

Wicker Park Connection adds retail users, hits the market

Two retail tenants, Philz Coffee and [solidcore], have signed leases at Wicker Park Connection, the mixed-use project co-developed by Hubbard Street Group and Centrum Realty and Development. Located just west of the intersection of Division Street and Ashland Avenue on Chicago’s Northwest Side, the new leases should attract buyers as the developers are looking to sell the community.

Office N Illinois
Avison Young assists Northwest Community Healthcare in 124k-SF office acquisition

Avison Young assists Northwest Community Healthcare in 124k-SF office acquisition

Avison Young has negotiated the acquisition of a 123,944-square-foot office building located at 3040 Salt Creek Lane in Arlington Heights, Illinois. Avison Young executive vice president Mark Johnson, a healthcare specialist located in the Chicago office, represented Northwest Community Healthcare (NCH) in the purchase of the property, more than doubling the healthcare provider’s non-clinical footprint. The sale price was not disclosed.

Multifamily N Illinois
Interra Realty brokers $2.9M sale of mixed-use Bucktown building

Interra Realty brokers $2.9M sale of mixed-use Bucktown building

Interra Realty has brokered the sale of a mixed-use property at 2048 N. Damen Avenue for $2.9 million. The Interra team of managing partner Ted Stratman and director Jeremy Morton represented both the buyer, an affiliate of LEM Equities, and the private seller in a deal that resulted in one of the highest per-unit prices in the neighborhood: approximately $483,000 per unit.

CRE N Illinois
Taylor Gunn;CA Ventures

CA Ventures appoints Taylor Gunn as VP of research and analytics

CA Ventures announced that Taylor Gunn has joined the firm as vice president of research and analytics for its student housing and multifamily divisions. In her new role, Gunn will lead data analytics and market research efforts, providing quantitative metrics and qualitative insights for deal origination, asset management and investor communications.

Industrial N Illinois
Forecasting the 2019 industrial sector

Forecasting the 2019 industrial sector

Meteorologists have a thankless job, predicting the weather a few days out and then suffering vitriol when uncalled-for rain spoils what should have been a sunny day. Prognosticating something just as complex, the real estate market and greater economy, is just as tough, let alone looking a year or more ahead.

CRE N Illinois
Alex Mather;Stream Realty Partners

Stream Realty Partners hires Alex Mather as managing director

Stream Realty Partners announced today the hiring of Alex Mather as managing director of Stream Chicago. Mather will be responsible for leading the strategic direction and operations of the Chicago office and expanding Stream's property management platform, alongside Victoria Knudson, executive vice president of property management in Stream Chicago.

CRE N Illinois
Matthew Carter;JLL

JLL appoints Matthew Carter to its board of directors

JLL has appointed Matthew Carter as an independent, non-executive member of its board of directors, effective November 23, 2018. Carter will serve on the board's audit committee and its nominating and governance committee. He will initially serve a term that will expire at the company's 2019 annual meeting of shareholders.