More than 200 results for “Austin”
Retail N Illinois

Marcus & Millichap arranges $4M sale of Chicago retail property

Marcus & Millichap closed the sale of Park Shops, a grocery-anchored center with 47,069 square feet of retail space located at 6400 W. 63rd Street in Chicago. The grocer, Fair Share Super Market, had been operating at the location for 27 years and recently extended for 10 years. The property was under contract within 14 days of going to mar…

CRE N Illinois

Novak Construction breaks ground at By The Hand Club For Kids

A groundbreaking ceremony was held on Saturday, October 5th for a middle school addition to By The Hand Club For Kids and partner, Moving Everest Charter School. Novak Construction and Team A Architecture were present to celebrate the start of construction—building new 6 to 8th grade classrooms and completing this K-8 charter in Chicago’s A…

Hospitality N Illinois

Arlington Heights hotel sells for $7.5 million

Marcus & Millichap closed the sale of Comfort Inn, a 125-room hospitality property located at 2120 S. Arlington Heights Road in Arlington Heights, Illinois. The 125-room, three-story, upper midscale, concrete block hotel—featuring elevator service, a business center, fitness center, dry cleaning services and meeting rooms—sold for $7,500,000.

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.