CRE Midwest

MB Real Estate completes two transactions in Chicago area

MB Real Estate’s Corporate Services & Tenant Advisory group represented True Partners Consulting in a 31,594 square foot lease renewal at 225 West Wacker in Chicago and General Board of Pension & Health Benefits of The United Methodist Church in the sale of its former headquarters at 1200 Davis Street in Evanston, Ill.

Retail Midwest

Mid-America negotiates $29.3M shopping center sale

Mid-America Real Estate Corporation’s Investment Sales Group has announced the sale of Bannockburn Green in Bannockburn, Ill., a North Shore suburb of Chicago. The property was purchased for $29.3 million by a joint venture between Dallas based PO’B Montgomery & New York City’s AREA Property Partners’ Value Enhancement Fund VII.