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CBRE helps close sale of 76,000-square-foot medical office building in Kansas
News 4 days ago
CBRE helps close sale of 76,000-square-foot medical office building in Kansas
Source RE Journal

CBRE has arranged the acquisition of 6650 W 110th Street, a 76,332-square-foot Class-A medical office building in Overland Park, Kansas. Griffin...

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Waterton hires Tara Marszewski as new CFO
News 5 days ago
Waterton hires Tara Marszewski as new CFO
Source RE Journal

Waterton, a national real estate investor and operator, has hired Tara Marszewski as its new chief financial officer. She will replace Doug Denyer,...

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Suburban office snapshot: Healthcare, Class B driving activity
News 5 days ago
Suburban office snapshot: Healthcare, Class B driving activity
Source RE Journal

There are a number of trends driving activity in Chicago's suburban office market. Vacancy remained relatively stable as healthcare users and Class...

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WS Development acquires Wichita's Bradley Fair retail center
News 5 days ago
WS Development acquires Wichita's Bradley Fair retail center
Source RE Journal

WS Development has formed a joint venture with Laham Development to guide the future of Wichita, Kansas, retail center Bradley Fair. Built in 1990,...

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Lendlease, Magellan break ground on two Lakeshore East residential towers
News 5 days ago
Lendlease, Magellan break ground on two Lakeshore East residential towers
Source RE Journal

Construction is officially underway on Cirrus, a 47-story, 363-unit luxury condominium tower at 211 N. Harbor Drive along Chicago's lakefront in...

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Marcus & Millichap sells Indiana retail portfolio for $4.2 million
News 5 days ago
Marcus & Millichap sells Indiana retail portfolio for $4.2 million
Source RE Journal

The Klink Group of Marcus & Millichap helped close the sale of a retail portfolio near Indianapolis. A private investor in Georiga paid $4.2...

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American Street Capital secures $9.6 million for Oak Forest multifamily portfolio
News 5 days ago
American Street Capital secures $9.6 million for Oak Forest multifamily portfolio
Source RE Journal

American Street Capital (ASC) has secured $9.64 million in permanent debt for a 149-unit, scattered site multifamily portfolio in the Chicago...

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JLL names new executive managing director, investor relations and corporate finance
News 5 days ago
JLL names new executive managing director, investor relations and corporate finance
Source RE Journal

JLL has appointed Christopher D. Stent as executive managing director, investor relations and corporate finance. Based in the company's corporate...

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PCCP, Pizzuti developing pair of spec industrial buildings in Columbus
News 5 days ago
PCCP, Pizzuti developing pair of spec industrial buildings in Columbus
Source RE Journal

PCCP, LLC has formed a joint venture with The Pizzuti Companies for the speculative development of a two‐building Class-A industrial complex...

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The Opus Group closes Bolingbrook lease with Fiat Chrysler Automobiles
News 5 days ago
The Opus Group closes Bolingbrook lease with Fiat Chrysler Automobiles
Source RE Journal

The Opus Group announced that Fiat Chrysler Automobiles (FCA) has signed a lease at 1325 Remington, a 112,049-square-foot building located in...

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Avison Young sells Rally's restaurant in Indianapolis
News 5 days ago
Avison Young sells Rally's restaurant in Indianapolis
Source RE Journal

Avison Young has brokered the sale of an 800-square-foot single-tenant retail building fully leased to Rally's Restaurant at 1520 N. Shadeland Ave....

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33 Realty sells Belvidere, IL apartment portfolio
News 5 days ago
33 Realty sells Belvidere, IL apartment portfolio
Source RE Journal

33 Realty has completed the sale of a three-property, 64-unit portfolio of apartments in Belvidere, Illinois for $3,300,000. Consisting of 28 units...

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Skender Manufacturing hires Michael Merle as VP, business development
News 5 days ago
Skender Manufacturing hires Michael Merle as VP, business development
Source RE Journal

Skender, a vertically integrated design, construction and manufacturing firm based in Chicago, has hired Michael Merle as vice president of...

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CBRE sells 209-unit multifamily property near Minneapolis
News 6 days ago
CBRE sells 209-unit multifamily property near Minneapolis
Source RE Journal

CBRE recently represented Schafer Richardson in the sale of Eastwood Ridge, a 209-unit multifamily property in Rochester, Minnesota, to Timberland...

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Cboe to relocate to Old Post Office, create new trading floor in Board of Trade Building
News 6 days ago
Cboe to relocate to Old Post Office, create new trading floor in Board of Trade Building
Source RE Journal

Cboe Global Markets, one of the world's largest exchange holding companies, has confirmed earlier reports that the firm will relocate its global...

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Cushman & Wakefield sells 267-unit seniors facility near Indianapolis
News 6 days ago
Cushman & Wakefield sells 267-unit seniors facility near Indianapolis
Source RE Journal

Cushman & Wakefield has negotiated the sale of The Barrington of Carmel, a 267-unit, entrance-fee continuing care retirement community in the...

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NorthMarq closes $12 million refinance of St. Paul affordable housing portfolio
News 6 days ago
NorthMarq closes $12 million refinance of St. Paul affordable housing portfolio
Source RE Journal

Michael Padilla with the Minneapolis office of NorthMarq recently arranged the $12.75 million refinance of the St. Paul Preservation Portfolio, a...

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Kudan Group brokers separate tavern, caterer deals on Chicago's North Side
News 6 days ago
Kudan Group brokers separate tavern, caterer deals on Chicago's North Side
Source RE Journal

Following two recent transactions by Kudan Group, a new tavern is headed for Chicago's Edgewater, while a Chicago-based caterer expands into a...

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KTGY unveils plans for Indianapolis' Grid multifamily project
News 6 days ago
KTGY unveils plans for Indianapolis' Grid multifamily project
Source RE Journal

KTGY Architecture + Planning has unveiled the details behind the design of Grid, a 175-unit rental community being developed in downtown...

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Peoria retail property sells for $1.8 million
News 6 days ago
Peoria retail property sells for $1.8 million
Source RE Journal

Marcus & Millichap closed the sale of Knoxville Plaza, a 29,984-square foot retail property located in Peoria, Illinois, according to Steven D....

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KeyBank provides $86 million in financing for Kentucky multifamily property
News 6 days ago
KeyBank provides $86 million in financing for Kentucky multifamily property
Source RE Journal

KeyBank Real Estate Capital has secured $86 million in Freddie Mac financing for Lifestyle Communities, based in Columbus, Ohio, to refinance a 646...

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Sterling Bay launches philanthropic effort, SB Cares
News 6 days ago
Sterling Bay launches philanthropic effort, SB Cares
Source RE Journal

Chicago-based real estate investment and development firm Sterling Bay launched SB Cares, a new philanthropic initiative that will bring together...

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Colliers' Cincinnati office adds to retail brokerage team
News 6 days ago
Colliers' Cincinnati office adds to retail brokerage team
Source RE Journal

Dustin Marks has joined Colliers International|Greater Cincinnati as a new brokerage vice president. Marks will join the office's retail team....

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Michigan's Farbman Group hires property manager
News 6 days ago
Michigan's Farbman Group hires property manager
Source RE Journal

Southfield, Michigan-based Farbman Group has hired Joe Gebhardt as a property manager. In Gebhardt's new position, he will manage a portfolio of...

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TransNational Payments takes 26,000 SF at Pointe O'Hare I in Rosemont
News 1 week ago
TransNational Payments takes 26,000 SF at Pointe O'Hare I in Rosemont
Source RE Journal

Colliers International | Chicago's Sven Sykes, Tom Volini and Brent Jacob represented TransNational Payments, Inc. in its 26,239-square-foot lease...

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SMART Financial acquires 19 stores including 12 in the Midwest
News 1 week ago
SMART Financial acquires 19 stores including 12 in the Midwest
Source RE Journal

SMART Financial, a specialty financial services and retail company, is expanding its presence across the U. S. by acquiring 11 Illinois stores, one...

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Gerdom brings beauty salon to Michigan retail center
News 1 week ago
Gerdom brings beauty salon to Michigan retail center
Source RE Journal

J Michael Salon will join CVS, DaVita Dialysis, Sheesh Mediterranean Restaurant and Plymouth Physical Therapy Specialist at Kimco Realty...

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Associated Bank closes $36 million in financing for Madison mixed-use project
News 1 week ago
Associated Bank closes $36 million in financing for Madison mixed-use project
Source RE Journal

Associated Bank acted as lead arranger and administrative agent, holding a $22.6 million portion of a $36.6 million loan for Stone House...

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The last word on last mile
News 1 week ago
The last word on last mile
Source RE Journal

Ever since the e-commerce revolution, the real estate industry has grappled with the concept of the last mile-where it is, how to build it up and...

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Minneapolis' Dougherty closes first loan under new HUD program
News 1 week ago
Minneapolis' Dougherty closes first loan under new HUD program
Source RE Journal

Dougherty Mortgage is the first mortgage banker nationwide to close a project under HUD's new 221(d)(4) LIHTC pilot program with a $14.8 million...

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