More than 200 results for “Marcus”
Retail N Illinois

Flagships and the suburbs driving retail in Chicago

| Matt Baker

A growing economy and corporate expansions have led to escalating household incomes, providing consumers increased discretionary funds. According to Marcus & Millichap’s latest market report, retailers have taken notice. Activity in the suburbs improved over the rest of the metro in the last year, while new flagship stores have come to or a…

Retail N Illinois

High-traffic infill location sells in Berwyn for $1.3 million

Marcus & Millichap announced the sale of a 7,000-square foot retail property on a 31,000-square-foot lot located at 3745 S. Harlem Ave. in Berwyn, Illinois. The asset is located within an infill location near a high-visibility corner with traffic lights and excellent traffic counts, according to Steven D. Weinstock, regional manager of the …

Retail N Illinois

Marcus & Millichap arranges sale of Lombard, Illinois shopping strip

Marcus & Millichap announced the sale of an 11,500-square-foot, multi-tenant retail property located at 401-421 W. Crescent Boulevard in Lombard, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The property received multiple offers from in-state and out-of-state buyers and sold in 27 days…

Retail Q Kentucky

Hall of Fame profile: Marcus & Millichap's Larry Hausman

Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue, highlighting the careers of the top CRE pros in the Midwest. This year, we are also running those profiles online. Today, we look at the thriving career of Larry Hausman, first vice president of investments with the Louisville office of Marcus & Millichap.

Retail N Illinois

McKinley Park strip center sells for $1.8M

Marcus & Millichap announced the sale of a 9,600-square-foot retail property located 3160-3170 S. Ashland Avenue in Chicago, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After the seller received multiple offers, the asset sold for $1,800,000, or 7.5 percent above list price, to a Chicago-based …

Hospitality Midwest

Minnesota, Wisconsin, Nebraska buck Midwest hotel slowdown

| Dan Rafter

The hotel business has been a bit sluggish lately throughout the upper Midwest. But three states – Minnesota, Nebraska and Wisconsin – bucked the trend, all seeing solid occupancy gains during the year ending in the second quarter of 2018, according to the latest research from Marcus & Millichap.

Net Lease N Illinois

Highland Park net-leased property sells for $4M

Marcus & Millichap announced the sale of a 3,408-square-foot, net-leased property located at 2030 Skokie Valley Road, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After multiple offers, the property sold for $4,100,000 in an all-cash transaction to a local 1031 exchange buyer.

Net Lease N Illinois

Marcus & Millichap arranges $7.4M sale of Bloomington retail center

Marcus & Millichap announced the sale of Shops On Veterans, a 15,400-square-foot retail property located in Bloomington, Illinois. Brian Parmacek, an investment specialist in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor. The asset sold for $7,400,000.