Industrial N Illinois Suburban Chicago industrial portfolio sells for 11.5 million Marcus & Millichap brokered the $11.5 million sale of a three-building industrial portfolio in suburban Chicago. Jordan Goodman, an associate in the firm’s Chicago downtown office, along with Matt Fitzgerald and Jeff R. Rowlett, both senior vice presidents, investments, in the Milwaukee office, represented the seller, a special servicer. Al…
Multifamily N Illinois Marcus & Millichap arranges sale of mixed-use building in Chicago Marcus & Millichap announced the sale of an 11,150-square-foot, mixed-use property located in Chicago, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold for $1,325,000.
Net Lease O Indiana Stan Johnson Company sells healthcare building in Indiana Stan Johnson Company has completed the sale of a free-standing 3,800-square-foot healthcare building occupied by St. Vincent Medical Group. At 602 N. 5th St. in Middletown, Indiana, the facility is located 15 miles southwest of Muncie, Indiana and only one hour from Indianapolis.
CRE N Illinois Craig Pryde named shareholder at KTGY Architecture + Planning KTGY Architecture + Planning has named Craig Pryde, AIA, LEED AP, a shareholder of the firm. Pryde, a principal in KTGY’s Chicago office who has been with the company since 2015, is one of 16 senior-level executives who hold the shareholder title.
Office N Illinois Cushman & Wakefield secures lease restructuring and extension for USG global headquarters Cushman & Wakefield has represented USG Corporation in restructuring and securing a 10-year lease extension for the company’s global headquarters at 550 W. Adams Street in Chicago. The global building materials manufacturer will remain in 220,000 square feet on floors 11 through 18.
CRE N Illinois CRE Future Leaders: Bryan Rosenberg As part of our series, CRE Future Leaders, we caught up with Bryan Rosenberg, a director in the Chicago office of HFF with more than eight years of experience in real estate and finance. His primary focus is office investment advisory across the Midwest United States. Throughout his career, Rosenberg has been involved in more than $5 billi…
CRE N Illinois CBREs John Latessa named to The Daniel Burnham Fellowship John Latessa, president of CBRE’s Midwest division, was recently named to the inaugural class of Leadership Greater Chicago’s (LGC) The Daniel Burnham Fellowship.
Industrial N Illinois Lee & Associates negotiates pair of industrial leases near O'Hare Lee & Associates of Illinois closed a long-term lease and a lease renewal in two separate industrial transactions. The properties, in Bensenville and Glendale Heights, Illinois, are located in Chicago’s North DuPage submarket, in close proximity to O’Hare International Airport.
Net Lease N Illinois Retail property sells in Chicago’s south suburbs for $3.7 million Marcus & Millichap announced the sale of a 7,098-square-foot retail property located in Flossmoor, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold to a local 1031 buyer at 97.8 percent of list price for $3,725,000.
Office N Illinois CBRE represents Kin Insurance in lease at Chicago’s 55 W. Monroe CBRE recently represented Kin Insurance in a 20,761-square-foot sublease at 55 W. Monroe, where the fast-growing online insurance provider will establish its first Chicago headquarters.
Finance V Michigan Friedman closes $26 million of loans for office buildings in Michigan Friedman Finance recently arranged loans totaling $26.5 million secured by two suburban office buildings in Troy, Michigan.
Multifamily W Minnesota McGough building 402-unit apartment project near Minneapolis McGough has started construction on its latest development project, The Fenley, a 402-unit multi-family complex at Bloomington Central Station in Bloomington, Minnesota. The high-end apartment project is the third multi-family development on the company’s 50-acre master planned site, which has sought to revitalize and create a new mixed-use…
Retail v Wisconsin Three retailers join Irgens' mixed-use development near Milwaukee Three retailers have joined Irgens’ The Shoppes at The Corridor on Bluemound Road in Brookfield, Wisconsin. Old Navy, Party City and Five Below will join Dick’s Sporting Goods to complete the mid-box component of The Shoppes at The Corridor.
Hospitality Midwest For hotels, it’s all about the experience Brand loyalty used to drive hotel guests’ decisions, but there’s been a shift toward experience. In order to balance guests’ desires for convenience and exclusivity, the hospitality industry has had to transform, offering the loyalty points, booking expediency and other features of a chain hotel with the hip feel and cutting-edge amenities …
Multifamily N Illinois Marcus & Millichap facilitates 28-unit apartment sale in Melrose Park Marcus & Millichap announced the sale of a 28-unit apartment property located in Melrose Park, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $1,975,000.
Office N Illinois Golub & Company signs TBI, Inc. to full-floor lease in International Tower Leading technology distributor TBI, Inc. has signed a 27,484 square-foot, full-floor, long-term lease in International Tower, located at 8550 W. Bryn Mawr Avenue in Chicago. In conjunction with the lease, Golub & Company will begin a revitalization of the building with new amenities, all to be completed in 2019.
Industrial N Illinois Conor Commercial Real Estate begins construction on spec industrial project in Elgin Conor Commercial Real Estate and Globe Corporation have started construction of Northwest Pointe III in Elgin, Illinois. The spec project will include two buildings totaling 349,080 square feet and will accommodate either a single or multi-tenant configuration.
Finance c Nebraska NorthMarq closes $7 million refinance of Nebraska apartments John Reed, senior vice president/managing director of NorthMarq’s Omaha regional office, arranged the $7.1 million refinance of Trenridge Apartments, a 126-unit multifamily property at 6101 Vine St. in Lincoln, Nebraska.
Multifamily N Illinois 33 Realty arranges deconversion sale of a 79-unit condo building in Oak Park Chicago based commercial real estate firm 33 Realty represented an unnamed buyer in its $15.172 acquisition of a 79-unit condo building located at 932 W. Pleasant, Oak Park, Illinois. The buyer, a family office looking to increase its holdings in suburban infill markets, will convert the building into rental apartment and embark on a major …
Net Lease N Illinois Net-leased CVS sells for $3.2 million in Chicago Marcus & Millichap announced the sale of a 22,007-square-foot net-leased property located in Chicago, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold in an all-cash transaction within 95 percent of list price for $3,250,000.