More than 200 results for “sale”
Net Lease N Illinois

Morton, IL net-leased property sells for $1.3M

Marcus & Millichap facilitated the sale of Enterprise Truck Rental Ground Lease, a 3,034-square foot net-leased property located in Morton, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. The asset sold for $1,365,000.

CRE N Illinois

JLL Income Property Trust launches 1031 exchange platform

JLL Income Property Trust, an institutionally-managed daily NAV REIT based in Chicago, has launched a 1031 tax-deferred exchange program designed to provide accredited investors with the opportunity to defer taxes on gains from the sale of appreciated real estate. The JLL Exchange (JLLX) program will offer a series of private placements thr…

CRE N Illinois

CRE Future Leaders: John Feeney

| Matt Baker

A senior vice president at The Boulder Group, John Feeney assists clients in the acquisition and disposition of net lease properties. Additionally, as the head of The Boulder Group's research division, he has published over 50 net lease investment research reports.

CRE i Ohio

Three questions with ... Cushman & Wakefield's Mike Sullivan

| Dan Rafter

A member of the capital markets team in Cushman & Wakefield’s Cincinnati office, senior director Mike Sullivan is an industry veteran who understands the ins and outs of the commercial real estate market. A specialist in office, industrial and medical office properties, Sullivan shared his thoughts on the state of the CRE market both nation…

CRE N Illinois

Marijuana cultivation facility set to double in size

Freehold Properties, a newly formed real estate investment company focused on specialized agricultural, industrial and cannabis properties, will provide up to $28.75 million in real estate capital expansion funding to Revolution Global, a Chicago-based, multi-state cannabis operator. Revolution plans to use the capital to more than double t…

CRE N Illinois

Wright Heerema Architects hires new director of business development

Chicago-based architectural and interior design firm, Wright Heerema Architects, has appointed Luke Heerema as the new director of business development. Heerema is a seasoned business development professional in the commercial real estate and architecture industry, with previous roles at Cresa Chicago and Interior Investments. In his new ro…

Multifamily V Michigan

CBRE sells 96-unit apartment project in Michigan

CBRE closed the sale of North Pointe Apartments in Jackson, Michigan. Jack Johns and Stephen Hershfield from the CBRE Michigan Multifamily Investment Sales Team arranged the transaction on behalf of the seller, Madison North Pointe LLC. The property was acquired by Twins Real Estate, LLC, which subsequently awarded Andover Management the pr…

Retail N Illinois

Marcus & Millichap arranges $4M sale of Chicago retail property

Marcus & Millichap closed the sale of Park Shops, a grocery-anchored center with 47,069 square feet of retail space located at 6400 W. 63rd Street in Chicago. The grocer, Fair Share Super Market, had been operating at the location for 27 years and recently extended for 10 years. The property was under contract within 14 days of going to mar…

Legal i Ohio

Forbes Lovett elected to Ulmer & Berne's management committee

Mary Forbes Lovett, partner and chair of the Real Estate Practice Group at Cleveland-based law firm Ulmer & Berne, has been elected to the firm’s Management Committee. Lovett is one of two women serving on this seven-member committee, which is responsible for guiding the operations and strategic direction of the firm.