CRE N Illinois
Ken Sacco;Avison Young

Avison Young appoints Ken Sacco as principal

Ken Sacco has been appointed principal at Avison Young’s Chicago office. Previously with Accenture, Sacco will apply his extensive consulting expertise to align clients’ real estate portfolio strategies with their business and financial objectives. In doing so, he’ll partner with the firm’s transaction teams to maximize client business efficiency and performance.

CRE N Illinois
CoreSite pursuing final incentive agreement that will bring new data center to Chicago in Q2 2020 

CoreSite pursuing final incentive agreement that will bring new data center to Chicago in Q2 2020 

CoreSite Realty Corporation, a provider of high-performance data center and interconnection solutions, announced that its application with the Illinois Data Centers Investment Program has been accepted by the Illinois Department of Commerce and Economic Opportunity. CoreSite is pursuing a final incentive agreement related to its new ground-up data center development in downtown Chicago.

Healthcare N Illinois
C&W completes $7.7 million medical office sale in Roscoe, IL

C&W completes $7.7 million medical office sale in Roscoe, IL

Cushman & Wakefield’s healthcare capital markets team has represented owner Glen Rock Development, LLC in the $7.7 million sale of a three-tenant, Class-A, 25,565 square foot medical office building at 4282 E. Rockton Road, in Roscoe, Illinois. Known as the SwedishAmerican Clinic & Immediate Care – Prairie Center, the asset was acquired by a U.S.-based, non-traded real estate investment trust focusing primarily on healthcare-related assets.

CRE N Illinois
Construction begins on state-of-the-art infusion pharmacy center in Itasca

Construction begins on state-of-the-art infusion pharmacy center in Itasca

McShane Construction Company has begun construction of a 50,000-square-foot, build-to-suit facility for Option Care Health, Inc. in Itasca, Illinois for developers Quadrangle Development Company and Janko Group. Approximately 55 percent of the single-story building will house office space, while the remaining 45 percent will incorporate licensed compounding pharmacy ambulatory infusion suites and support spaces for Option Care Health.

Industrial N Illinois
2454 Elmhurst Road, Elk Grove Village, Illinois.

Dayton Street Partners adds two Elk Grove properties to its portfolio

Chicago-based Dayton Street Partners has closed on two industrial properties in Elk Grove Village, Illinois. The properties, at York and Elmhurst Roads, are situated directly across the street from Chicago O’Hare International Airport and offer direct access to O’Hare’s south cargo entrance via York Road and East Irving Park Road. The interstate system is immediately accessible to the north and south of the properties.

CRE N Illinois
On the Corner: LaSalle & Monroe

On the Corner: LaSalle & Monroe

LaSalle & Monroe is the reason I’ve spent the last four years in Chicago. It has been the hub of my life. It’s where I started my first job, was hired by my first manager, created lifelong friendships through the training program at the PrivateBank and it brought me to people I may not have met otherwise. It launched my career and will allow me start a new chapter in Colorado. LaSalle & Monroe is the reason for all of that. I’ve been able to chase dreams that many employers might not have even considered, let alone supported wholeheartedly. I would not be in Chicago if not for PrivateBank/CIBC at LaSalle & Monroe.