184 results for “Austin”
Retail N Illinois

The bank backfill: Sourcing retail tenants for vacant branches

| Matt Baker

This week, 44 bank branches throughout Chicagoland will shut down as a redundancy mitigation measure following Fifth Third Bank’s acquisition of MB Financial in March. Property owners will want to get a new tenant lined up as soon as possible, but there’s one issue: the only fitting tenants for these spaces are other banks.

CRE N Illinois

JLL to complete acquisition of HFF next week

Chicago-based JLL and HFF, Inc. announced today that the parties have received the requisite regulatory approvals and that JLL's acquisition of HFF is expected to close on Monday, July 1, 2019. The deal will occur after the close of regular trading hours on the New York Stock Exchange, pending approval by HFF stockholders at the HFF annual …

Retail N Illinois

New Lenox shopping center sells for $4.6 million

Marcus & Millichap closed the sale of Bluestone Commons, a 36,025-square-foot retail property located in New Lenox, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After procuring multiple offers, the asset sold to a Canadian real estate firm for $4,600,000.

CRE N Illinois

CRE Future Leaders: Austin Vanderstappen

Austin Vanderstappen is an associate within Podolsky Circle CORFAC International’s brokerage division, where he specializes in industrial transactions in the Northwest Suburban submarket, representing both tenants and landlords. He focuses on new business development, market research and client services for both private and institutional clients.

Net Lease N Illinois

Net-leased Bucktown property sells for $850,000

Marcus & Millichap announced the sale of a 1,400-square-foot, net-leased commercial condo property located in Chicago’s Bucktown neighborhood, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The buyer was selected six days after listing the asset and sold at 96.15 percent of list price for $850,000.