Multifamily N Illinois Interra Realty brokers deconversion sale on Chicago’s North Side Interra Realty, a Chicago-based commercial real estate investment services firm, has brokered the deconversion sale of 2000 W. Birchwood Avenue, a 16-unit condominium building in Chicago’s Rogers Park neighborhood. Interra managing partner Brad Feldman and director Adam Saxon represented both the buyer and seller in the transaction, which a…
Retail N Illinois Kudan Group closes two restaurant leases in Chicago area Kudan Group, a Chicago-based brokerage that focuses on retail and restaurant transactions, has completed two restaurant leases in the Chicago area: a bakery in Chicago’s Rogers Park neighborhood and a sports bar in suburban Zion.
CRE N Illinois Skender promotes five to leadership board Underscoring its commitment to an award-winning employee culture that fosters talent and innovation, Skender announced the promotions of five key leaders. Jeff Janicek was named vice president and partner while Brian Bukowski, Joe Pecoraro, Tim Rogers and Brian Simons, CHC have been elevated to project executive and partner.
Multifamily N Illinois Marcus & Millichap arranges $12.25M apartment building sale in Rogers Park Marcus & Millichap announced the sale of a four-story, 81-unit apartment building at 1345 W. Estes Avenue in Chicago’s Rogers Park neighborhood. The $12.25 million sale price was the highest for an apartment building in Rogers Park since 2016 and, at $151,235 per unit, set a new per-unit record for a vintage apartment building in the North …
CRE N Illinois SIOR Chicago appoints 2019 executive board, announces scholarships The Chicago chapter of the Society of Industrial & Office Realtors (SIOR) recently named their new executive board officers for the year 2019. Dan Benassi, SIOR, of Entre Commercial Realty will lead the organization, which includes nearly 200 of the top office and industrial real estate brokers in the Chicago market.
Office V Michigan Hinman acquires Kalamazoo's Fifth Third Bank building The Hinman Company acquired the Fifth Third Bank Building, 136 E. Michigan Avenue, in Kalamazoo, Michigan. The 15-story, 80,000+-square-foot building is located in the heart of Kalamazoo’s central business district, near the intersection of Michigan Avenue and Portage Street.
Multifamily N Illinois Triton sells 16-unit Rogers Park apartment building Triton Realty Group recently sold a 16-unit apartment building located at 2435 W. Rosement Avenue in Chicago’s West Ridge neighborhood. The asset sold for $2,111,000 which represents a $131,937 price per unit sale.
CRE N Illinois NAIOP Chicago recognizes industry's best and brightest at Awards for Excellence On November 15, NAIOP Chicago hosted its 31st annual Awards for Excellence Program, a world-class event bringing together some of the best and brightest the industry has to offer. More than 71 finalists were cited for accomplishments and the winners in 13 categories were selected by their peers during live voting.
Multifamily N Illinois Monarch Realty Partners conducts several multifamily deals in the Chicago MSA Monarch Realty Partners has recently completed several Chicago-area multifamily transactions totaling more than $15 million, according to Bill Baumann, managing broker and principal at the Chicago-based real estate brokerage company. The transactions were located in suburban Evanston as well as the Bucktown, Rogers Park and Uptown neighborh…
Industrial P Kansas Colliers closes 46,000-square-foot industrial sale in Kansas Steven D. Rogers sold a 46,748-square-foot industrial building at 220 N. Mahaffie St. in Olathe, Kansas, to Chimney Corner Investments.
Office N Illinois Naperville office building has new name, new look After hinting at their plans in July, Franklin Partners has finally unveiled its redevelopment plans for The Shuman, the five-story office building at 263 Shuman Boulevard in Naperville, Illinois. The Shuman will become a suburban destination for multiple office tenants, offering extensive amenities designed to build community among buildin…
CRE N Illinois Interra Realty promotes Craig Martin to managing partner Interra Realty, a Chicago-based commercial real estate investment services firm, announced it has promoted Craig Martin to managing partner, from director. In addition, the firm as hired Eric Biel as office manager.
Office N Illinois NAI Hiffman secures seven lease transactions at Oak Brook Regency Towers NAI Hiffman has represented American Realty Advisors in seven lease transactions totaling more than 70,000 square feet at Oak Brook Regency Towers.
CRE N Illinois SIOR Chicago and Chicago CRE firms support Trunk Scholarship The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) announced that the members of the SIOR Chicago Chapter have donated 22 Trunk Scholarships to support the Ada S. McKinley College-Bound Trunk Scholarship program for 2018. Each trunk is valued at $500, for a total donation of $11,000. Students receiving the Ada S. McKi…
Multifamily N Illinois Kiser Group closes $4.5M in multifamily transactions Mid-market multifamily brokerage Kiser Group recently brokered two multifamily transactions for $4,550,000. Kiser Group brokers Danny Logarakis and Stevens Haen facilitated the 2049 W. Jarvis Avenue and 7414-7421 N. Clark Avenue transactions.
Industrial N Illinois Leasing momentum at Regent O’Hare continues with five transactions NAI Hiffman announced the completion of five transactions at the Regent O’Hare Business Center. NAI Hiffman vice president Terry Herlihy represented ownership of the Elk Grove Village, Illinois business park—a joint venture between Distribution Realty Group and EverWest Real Estate Investors—in the transactions totaling 78,847 square feet.
Multifamily N Illinois Evanston condo undergoes $3.7M deconversion Interra Realty brokered the $3.7 million deconversion sale of 122-130 Callan Avenue in Evanston, Illinois. The buyer plans to convert the building’s 25 condominiums back into rentals.
Healthcare N Illinois The next CRE disruptor: Pharmacology incubator labs Drug makers and other major life sciences companies are working with savvy CRE professionals to bring new life sciences incubator spaces into the market in hopes of fostering the next new innovation. As startups continue to drive life sciences innovation at a startling pace, there are new opportunities on the horizon for both Big Pharma and…
Multifamily N Illinois Interra Realty brokers three multifamily sales in Chicago for over $10 million Chicago-based Interra Realty brokered three apartment building sales in the Chicago area totaling $10.1 million. The transactions include properties in the suburb of Evanston and North Side city neighborhoods.
Office N Illinois Chasing millennial workers—but to the suburbs or the city? Millennials, we are constantly told, desire something different than previous generations. They want to live closer to where they work. They eschew cars for transit cards and suburban homesteads for downtown apartments.