More than 200 results for “suburbs”
CRE N Illinois

CRE Future Leaders: Tabitha Dozier

| Matt Baker

An associate with NAI Hiffman, Tabitha Dozier has managed more than 4.5 million square feet of commercial real estate on behalf of a wide variety of landlord clients. She has also worked with over 100 tenants including Sears Holding Corp, PODS of Chicago, PepsiCo and more. Dozier has an extensive background in lease analysis, including Real…

CRE W Minnesota

Minneapolis CRE market bringing in outside investors, plenty of activity

| Dan Rafter

Steady might be the best way to describe the commercial real estate industry in Minneapolis and St. Paul, with all the major commercial sectors showing at least some positive signs. But steady might not be the most appropriate description for two of the sectors here. The industrial and multifamily sectors? The word “booming” is more appropr…

Finance V Michigan

Walker & Dunlop closes $48 million loan for castle-themed apartments

Walker & Dunlop provided a $48.3 million bridge loan for The Grand Castle Apartments, a newly developed Class-A multifamily complex located in Grandville, Michigan, a suburb of Grand Rapids. Developed by Roger Lucas, a principal of Land & Co., The Grand Castle Apartments comprises 522 units and is modeled after the famed Neuschwanstein Cast…

Net Lease N Illinois

JLL closes sale of new retail property in suburban Chicago

JLL closed on the sale of a newly constructed, 18,000-square-foot, single-tenant retail property that is triple-net-leased to Goodwill in the Chicago suburb of Glenview, Illinois. JLL marketed the property on behalf of the seller, a Chicago-based merchant developer. Best Properties LLC of Florida purchased the asset in a 1031 exchange.

Finance N Illinois

Mag Mile Capital completes $12.5M bank loan for R&R Global Partners

Mag Mile Capital closed a $12,500,000, seven-year, fixed-rate, 73 percent LTV, limited-recourse loan on behalf of Bryan Rishforth and Philadelphia-based firm, R&R Global Partners. Located in the near northwest suburb of Lincolnwood, Illinois at 6850 McCormick Boulevard, the subject property is anchored by Walmart’s new online grocery and co…

CRE N Illinois

CRE Future Leaders: Frank Montalto

| Matt Baker

As a director with Marcus & Millichap Capital Corporation, Frank Montalto is responsible for securing commercial debt financing for an array of property types including multifamily, office and industrial, retail, seniors housing and hospitality. He is well connected with national, regional and local funding sources.

Retail N Illinois

JLL closes sale of suburban Chicago retail center

JLL has closed the sale of Mallard Crossing, an 80,708-square-foot, ALDI-anchored retail center in the northwestern Chicago suburb of Elk Grove Village, Illinois. JLL represented the seller, IRC Retail Centers, and procured the buyer, a vehicle sponsored by AmCap Management. Terms of the deal were not disclosed.

CRE Midwest

NAI Hiffman arranges $17M sale-leaseback for Young Innovations in IL, MO

NAI Hiffman completed a sale-leaseback transaction on behalf of Young Innovations, Inc., a global manufacturer and distributor of consumable dental supplies and equipment. The assets, which sold for $17.1 million, include the company’s 95,000-square-foot headquarters building at 2260 Wendt Street in Algonquin, Illinois, as well as the firm’…

Office N Illinois

Some Chicago suburbs shedding office tenants

| Matt Baker

The overall suburban Chicago office market comprises nearly 110 million square feet of inventory. But as the suburbs lost more than a million square feet of absorption year-to-date, which areas and property types should investors focus on?