CRE N Illinois McShane Construction Company completes new supportive housing complex McShane Construction Company cut the ribbon on Heart’s Place Apartments, a supportive housing complex in Arlington Heights, Illinois completed on behalf of the Housing Opportunity Development Corporation and repeat client, UP Development. The architect of record was Cordogan Clark & Associates.
CRE N Illinois HED hires two business development managers in Chicago Harley Ellis Devereaux (HED) has hired two business development managers in the Chicago office. Chris Jann will serve HED’s diverse range of higher education clients while Patrick Slattery will serve workplace clients in Chicago.
CRE N Illinois Colliers International appoints industry veteran to lead healthcare services Colliers International has hired Shawn Janus as U.S. national healthcare director. Based out of the firm’s downtown Chicago office, Janus will bring his over 30 years of commercial real estate experience—including more than 20 years in healthcare real estate—to lead Colliers’ U.S. healthcare services with a focus on cultivating a strong, v…
Healthcare N Illinois Space consolidation leads to a clean bill of health It may be behind the times compared to other industries, but the healthcare sector is finally starting to consolidate space. Better technology, cost dynamics and other factors are allowing providers to do more with less.
CRE N Illinois This is not a drill: Managing risk for acts of violence on your property As active shooter and other workplace violent events continue to occur, more victims and their families are looking to the facility owner/operator where the shooting took place to assume responsibility. They claim the owner/operator could have been more proactive in prevention, and therefore, is liable for the violence that took place on th…
Healthcare c Nebraska Darland building four-story medical office building in Nebraska Darland is building a four-story 130,000-square-foot medical office building in Norfolk, Nebraska. The Faith Regional Health Services South Medical Office will bring together multiple practices into a shared space.
Industrial N Illinois Bartlett approves incentive package for McKesson Medical-Surgical The board of trustees for the Village of Bartlett, Illinois has approved the final piece of an incentive package that will bring McKesson Medical-Surgical Inc. (MMS) to the Brewster Creek Business Park. The distributor of medical supplies, durable medical equipment, surgical supplies and medical lab supplies is a division of Fortune 500 com…
CRE v Wisconsin Berkadia adds managing director to Milwaukee office James Boris has joined the Milwaukee mortgage banking team of Berkadia as managing director. In this role, Boris will focus on originating HUD-insured financing for seniors housing and multifamily apartments. He will report to senior managing director Mark Dellonte.
Retail Midwest Not your mother's mall: Transforming the modern retail center Watching the latest season of Stranger Things, you can’t help but reminisce about the mall in its glory days. In the 1980s, the mall did to Main Street what the internet has done to almost all brick-and-mortar retail.
Industrial N Illinois Lee & Associates of Illinois negotiates $2.6M industrial sale in Lake County Lee & Associates has closed a $2.6 million sale transaction for a 55,276-square-foot industrial building located at 3300 16th Street in Zion, Illinois. Located on nearly 3.5 acres of land, the 24-foot clear, precast building has seven loading docks, one drive-in door and parking for 74 cars.
Healthcare O Indiana Interra Realty brokers dialysis center sale in Northwest Indiana Interra Realty, a Chicago-based commercial real estate investment services firm, has brokered the $2.9 million sale of a 5,891-square-foot DaVita Dialysis Clinic at 816 119th St. in Whiting, Indiana. The single-tenant net-leased property, which was completed last year, is in the first year of a 15-year lease and was purchased through a 1031…
Healthcare W Minnesota Kraus-Anderson completes $12 million clinic expansion in Minnesota Kraus-Anderson has completed a $12.6 million expansion of Riverwood Healthcare in Aitkin, Minnesota.
CRE v Wisconsin Milwaukee's Irgens adds chief marketing officer Milwaukee-based developer Irgens has added a chief marketing officer to its roster.
Healthcare N Illinois Blue Cross and Blue Shield of Illinois to expand in Chicago's Morgan Park neighborhood Blue Cross and Blue Shield of Illinois (BCBSIL) is planning to open a new multipurpose solution center in Chicago's Morgan Park neighborhood. BCBSIL has leased nearly 130,000 square feet of space in a recently shuttered Target at 119th Street and Marshfield Avenue.
Industrial N Illinois Net lease and industrial: Two strong sectors that perform well together Throughout this record-long period of economic growth, there have been two asset classes that have performed particularly well: industrial and net lease. For investors, the two combined can yield interesting results.
Industrial N Illinois Podolsky Circle represents MedEx Ambulance Service in long-term renewal Podolsky Circle CORFAC International successfully advised and represented MedEx Ambulance Service in a 17,080-square-foot, long-term lease renewal at 1001 S. Des Plaines Street in Chicago. The ambulance transportation provider, a certified Women Business Enterprise, provides medical transportation services to hundreds of healthcare faciliti…
Healthcare W Minnesota RJM Construction to build expansion of Minnesota birth center RJM Construction, a Minnesota-based general contractor, has been selected by Northfield Hospital + Clinics to build an expansion for its Birth Center and Northfield Clinic in Northfield, Minneosta.
Healthcare V Michigan Colliers finds new home for Autism Centers of Michigan Autism Centers of Michigan opened a second location, this one at 1545 68th St. SE in Kentwood, Michigan. Colliers International|West Michigan facilitated the deal.
CRE X Missouri St. Louis' McCarthy adds director of business development Ryan Denisi has joined St. Louis-based McCarthy Building Companies, Inc. as director of business development in the firm’s central region.
CRE N Illinois Ventas appoints Sean P. Nolan to board of directors Sean P. Nolan, former chief executive officer of gene therapy firm AveXis, Inc., has been appointed as an independent member of the Ventas, Inc. board of directors, effective today. Nolan will initially serve on the audit and compliance committee for the Chicago-based real estate investment trust.