Multifamily N Illinois Wheeling Town Center residences open The ONE luxe apartments complex at Wheeling Town Center officially opened in Wheeling, Illinois. CallisonRTKL served as the architect, working in partnership with Wheeling Town Center’s developer, The Lynmark Group. The residences are phase I of a two-part Wheeling Town Center master plan.
Multifamily N Illinois The Opus Group completes luxury mixed-use development in Elmhurst The Opus Group has completed The Marke of Elmhurst, a luxury mixed-use development in Elmhurst, Illinois, a western Chicago suburb. The six-story, 164-unit development includes one-, two- and three-bedroom units, upscale amenities and 7,600 square feet of Class A retail space that is available in a burgeoning area of redevelopment.
CRE N Illinois CRE Future Leaders: Aaron Sklar Since joining mid-market multifamily specialists Kiser Group in February 2015, Aaron Sklar, 31, has successfully completed transactions in excess of $110,000,000 on behalf of his clients as well as brokered the sale of over 1,900 units.
Retail V Michigan Farbman Group helps yoga studio find new home in Detroit Southfield, Michigan-based Farbman Group assisted Full Lotus Yoga find a new home in Detroit. Full Lotus Yoga signed a lease for a 2,650-square-foot space on the third floor of 6505 Woodward Avenue, a mixed-use building in Detroit owned by The Barbat Organization.
Net Lease N Illinois The Boulder Group facilitates sale of ground lease Portillo's property The Boulder Group, a Wilmette, Illinois-based net leased investment brokerage firm, has completed the sale of a single-tenant, ground-leased Portillo’s property located at 202 Landmark Drive in Normal, Illinois for $4,400,000. This sale marked the lowest cap rate for a Portillo’s property since 2017, according to CoStar.
CRE N Illinois Brown Commercial Group facilitates five suburban leases Brown Commercial Group recently represented businesses in five transactions totaling 32,744 square feet in Chicago’s suburban market. The properties are located in Bartlett, Downers Grove, Elgin and St. Charles, Illinois.
Retail N Illinois Kudan Group facilitates two suburban restaurant leases Kudan Group’s Daniel Rubinow completed closings in southwest suburban Evergreen Park, Illinois and north suburban Wheeling, Illinois.
Retail v Wisconsin KW Commercial closes $3.5 million sale of Wisconsin retail center KW Commercial closed the sale of Village Park at Plover, a 44,911-square-foot multi-tenant retail center in Plover, Wisconsin, about five miles south of Stevens Point. The tenant roster features an assortment of retail, restaurants and general office tenants.
Retail i Ohio Cushman & Wakefield marketing key 3CDC properties in Cincinnati Cincinnati developer and property-owner Cincinnati Center City Development Corp. (3CDC) has named Terry Ohnmeis and Andrew Sellet, in the Cincinnati office of Cushman & Wakefield, as its leasing agents for two key downtown Cincinnati properties.
Multifamily O Indiana The commercial action in Indianapolis? It's downtown People want to live in downtown Indianapolis. And that demand is providing a significant boost to the multifamily market in the center of this key Midwest city.
Retail N Illinois CBRE brokers $21M sale of Oakbrook Terrace shopping center CBRE recently brokered the sale of 22nd Street Plaza, a 176,164-square-foot retail property at 17W734 22nd Street in Oakbrook Terrace, Illinois. George Good and Christian Williams of CBRE represented the owner, Kimco Realty Corp. A California-based private investor acquired the property for $21 million.
Hospitality X Missouri Poettker Construction tackling hotel transformation project in St. Louis Poettker Construction, a second-generation family-owned construction company, is currently renovating the former Majestic Hotel in downtown St. Louis. Hawkeye Hotels engaged Poettker Construction’s hospitality experts to transform this nine-story hotel into a high-end Le Méridien Marriott Hotel.
Multifamily W Minnesota Bar and eatery coming to Timberland's Elevate project in Minnesota Timberland Partners announced that Brick & Bourbon has signed a lease at Elevate at Southwest Station Apartments, a mixed-use project currently under construction in Eden Prairie, Minnesota. Elevate anticipates opening late August, with Brick & Bourbon hoping to open by the end of the year.
Retail N Illinois Caton Commercial Real Estate Group completes unique lease for Aurora Arts Center Caton Commercial Real Estate Group has completed a commercial lease assignment that is bringing a fine dining restaurant by acclaimed Chicago restaurateur Amy Morton to Aurora, Illinois’ downtown revitalization efforts.
Retail N Illinois Second-generation restaurant space sells for $1.1M in Algonquin A 7,549-square-foot, fully equipped, second-generation restaurant sold at 2561 County Line Road in Algonquin, Illinois. Tim Rasmussen, CCIM and Olivia Czyzynski of SVN Chicago Commercial represented the seller in the transaction, marking the second time in four years that SVN Chicago has sold this property. The free-standing building sold f…
Multifamily N Illinois Two South Side Chicago apartment buildings sell for $1.1 million Marcus & Millichap brokered the sale of 700 E. 81st Street and 8055 S. Langley Avenue, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The assets, which have a combined total of 25 units, were sold together for $1,100,000.
Retail N Illinois NKF advises Kitchen United in new, long-term lease for second Chicago location Newmark Knight Frank (NKF) advised Kitchen United in leasing 12,708 square feet of industrial space at 201 N. Elizabeth Street in Chicago. Kitchen United signed the new, long-term lease in conjunction with NKF’s exclusive multi-city rollout of similar facilities around the U.S.
Retail i Ohio Goodman helps bring First Watch cafe to pair of Ohio communities First Watch, a cafe/restaurant chain, is opening new locations in Westerville, Ohio, and Canton, Ohio, thanks in part to the work done by Goodman Real Estate Services Group.
Retail N Illinois The renewal of Chicago's Pullman neighborhood continues with opening of new food hall A long-standing desire of the community was met yesterday when Pullman and Roseland residents joined 9th Ward Alderman Anthony Beale and three entrepreneurs to cut the ribbon on One Eleven Food Hall, the first food hall on Chicago’s South Side. The opening represents another step in the renewal of the historic Pullman community.
CRE N Illinois Chicago Loop Alliance: Multifamily and office sectors still vibrant in The Loop The Chicago Loop Alliance today released its “State of the Chicago Loop: 2018 Economic Profile,” providing data on a variety of industries in the Loop, including commercial and residential real estate, retail, infrastructure and more. Despite the ascension of areas like the West Loop and coming megadevelopments like The 78 and Lincoln Yards…