More than 200 results for “Retail Sales”
Retail N Illinois

JLL closes sale of three-building Lincoln Park portfolio

JLL has closed on the sale of The Halsted Collection, a three-building, 50,838-square-foot collection of assets located in Chicago’s Lincoln Park neighborhood, on behalf of Convexity Properties. The three properties were fully leased by retail and multifamily tenants at the time of the sale. Terms of the transaction were not disclosed.

CRE N Illinois

Pine Tree growth continues into 2020 with five new hires

Northbrook, Illinois-based Pine Tree, LLC announced the hiring of five new staff members. Joining the full-service retail real estate company are John Figueroa, MS-HRM, director of human resources; Nicholas Kohlmann, asset manager; Jessie Pomper, graphic design and marketing specialist; Tom Seurynck, enterprise analyst and Kaylynn Espinoza,…

CRE N Illinois

Investors rushing to place capital before expected slowdown later this year

| Matt Baker

In Chicago and nationally, commercial real estate investors, brokers and lenders all agree that the industry will see strong activity for the first half of 2020. However, dynamics such as a decelerating economy, trade conflicts, labor availability and the presidential election may turn some actors into fence-sitters by the second half of the year.

Retail N Illinois

Wheaton shopping center sells for $5 million

Marcus & Millichap brokered the sale of a 15-year Dunkin’ relocation anchored shopping center, a 8,808-square foot retail property located in Wheaton, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $5,075,000.

Net Lease N Illinois

JLL completes sale of Starbucks retail location near Chicago

JLL Capital Markets has closed the $1.7 million sale of a 2,100-square-foot, newly constructed, single-tenant retail building net-leased to Starbucks in the Chicago-area community of Hammond, Indiana. JLL marketed the property on behalf of the seller, Luke Land, LLC. A private 1031 buyer out of Maryland purchased the property.