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Leopardo breaks ground on Will County health department
News 3 weeks ago
Leopardo breaks ground on Will County health department
Source RE Journal

Leopardo recently broke ground on a 70,000-square-foot, two-story health department for Will County in Joliet, Illinois. With a population of 700...

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Lee & Associates of Illinois negotiates two industrial leases in Elgin
News 3 weeks ago
Lee & Associates of Illinois negotiates two industrial leases in Elgin
Source RE Journal

Lee & Associates has closed two lease transactions totaling 202,750 square feet in Elgin, Illinois. In both transactions, Steve Bass, executive...

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One trend all apartment hunters will notice in 2019
News 3 weeks ago
One trend all apartment hunters will notice in 2019
Source RE Journal

Recently, Apartment Guide released its five trends for apartment hunters in 2019. While I agree with every point mentioned, there was one thing...

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Sale of River City marks largest ever Chicago deconversion
News 3 weeks ago
Sale of River City marks largest ever Chicago deconversion
Source RE Journal

The River City Condo Association agreed to a bulk sale of all 449 residential units, making River City the largest condominium deconversion in...

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Opus spec project yet another sign of industrial's strength
News 3 weeks ago
Opus spec project yet another sign of industrial's strength
Source RE Journal

The industrial market continues to boom across the Midwest as 2018 comes to a close. This is inspiring more developers to take on spec projects in...

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Regency Properties adds T.J. Maxx to Indiana shopping center
News 3 weeks ago
Regency Properties adds T.J. Maxx to Indiana shopping center
Source RE Journal

Regency Properties recently announced that T. J. Maxx will join the company’s national tenant lineup at Germantown Shopping Center in Jasper,...

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Newmark Knight Frank closes $76 million refinance for apartment portfolio
News 3 weeks ago
Newmark Knight Frank closes $76 million refinance for apartment portfolio
Source RE Journal

Newmark Knight Frank’s multifamily capital markets division provided a $76.6 million refinancing for a four-property Midwest portfolio on behalf of...

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CA Ventures, Cerca Trova propose big mixed-use project for Ann Arbor
News 3 weeks ago
CA Ventures, Cerca Trova propose big mixed-use project for Ann Arbor
Source RE Journal

CA Ventures, a Chicago-based real estate investment company, along with the firm’s joint venture partner, Cerca Trova LLC, a Bloomfield Hills, Mich...

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Hines partners with Workwell to expand digital connectivity within buildings
News 4 weeks ago
Hines partners with Workwell to expand digital connectivity within buildings
Source RE Journal

Hines announced a new partnership with Paris-based Workwell to introduce a new digital experience in its buildings. Mobile applications help us...

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Renovations underway on 300-room Deerfield hotel
News 4 weeks ago
Renovations underway on 300-room Deerfield hotel
Source RE Journal

Leopardo recently began a 230,000-square-foot renovation of the Hyatt Regency hotel in Deerfield, Illinois. Chicago-based Phoenix Development...

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This holiday season? Consumers are hitting the dollar store
News 4 weeks ago
This holiday season? Consumers are hitting the dollar store
Source RE Journal

The holiday shopping season, and the most important time of the year for retailers, is heading to a close. What can retailers expect this last...

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KeyBank provides $17 million in financing for Michigan affordable housing
News 4 weeks ago
KeyBank provides $17 million in financing for Michigan affordable housing
Source RE Journal

KeyBank provided and arranged a total of $17.4 million in Low-Income Housing Tax Credit financing to Full Circle Communities for the construction...

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MB Financial donates former branch and $25,000 to Chicago Urban League
News 4 weeks ago
MB Financial donates former branch and $25,000 to Chicago Urban League
Source RE Journal

MB Financial Bank, N. A. has donated a former branch to the Chicago Urban League, along with $25,000 to help retrofit the building for the League’s...

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Boulder Group sells Family Dollar in Indiana
News 4 weeks ago
Boulder Group sells Family Dollar in Indiana
Source RE Journal

The Boulder Group closed the sale of a single-tenant Family Dollar at 1320 Vann Ave. in Evansville, Indiana, for $616,216. The 8,000-square-foot...

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Black Gate Partners sells 216,000-square-foot shopping center in Lexington
News 4 weeks ago
Black Gate Partners sells 216,000-square-foot shopping center in Lexington
Source RE Journal

Kevin James of Black Gate Partners served as the primary broker for the sale on behalf of the New York-based institutional seller. The property was...

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CBRE sells 413-unit apartment community in Minnesota
News 1 month ago
CBRE sells 413-unit apartment community in Minnesota
Source RE Journal

CBRE Multifamily represented Rochester Village Investors, LLC in the sale of The Gates of Rochester, a 413-unit multifamily community at 2015 41st...

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Clayco hires Porter, Rollinson as key technology executives
News 1 month ago
Clayco hires Porter, Rollinson as key technology executives
Source RE Journal

Clayco has hired two digital and innovation executives: Matthew Porter as chief innovation officer and Simona Rollinson as chief information...

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Cushman & Wakefield closes $25 million shopping center sale in Kentucky
News 1 month ago
Cushman & Wakefield closes $25 million shopping center sale in Kentucky
Source RE Journal

Cushman & Wakefield has arranged the $25 million sale of Hopkinsville Towne Center, a 185,761-square-foot open-air community retail center located...

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Lexington Village in Chicago’s Avondale neighborhood opens for leasing
News 1 month ago
Lexington Village in Chicago’s Avondale neighborhood opens for leasing
Source RE Journal

Chicago-based Lexington Homes, which is developing five townhome and single-family rowhome communities throughout Chicagoland, has announced the...

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Marcus & Millichap sells retail center in Elkhart
News 1 month ago
Marcus & Millichap sells retail center in Elkhart
Source RE Journal

Marcus & Millichap sold a 7,305-square-foot retail property in Elkhart, Indiana. The property sold for $3.62 million or $496 a square foot. The...

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City Club Apartments Cincinnati lands rooftop restaurant
News 1 month ago
City Club Apartments Cincinnati lands rooftop restaurant
Source RE Journal

City Club Apartments has executed a lease for a 6,000-square-foot rooftop restaurant and bar at the mixed-use City Club Apartments CBD Cincinnati...

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Bridge Development plans first spec industrial facility in Bedford Park in over a decade
News 1 month ago
Bridge Development plans first spec industrial facility in Bedford Park in over a decade
Source RE Journal

Bridge Development Partners, LLC has acquired a former perfume manufacturing facility in Bedford Park, Illinois, with plans to immediately demolish...

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Aries Capital closes $7M refi loan for Downers Grove property
News 1 month ago
Aries Capital closes $7M refi loan for Downers Grove property
Source RE Journal

Chicago-based Aries Capital Partners arranged a $7.05 million bridge loan for the refinance of the Comfort Inn located at 3010 Finley Road in...

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Pogoda Companies closes self-storage sale, adds facility to its roster
News 1 month ago
Pogoda Companies closes self-storage sale, adds facility to its roster
Source RE Journal

Pogoda Companies recently helped close the sale of Budget Self Storage in Battle Creek, Michigan. The company also added Premium Self Storage to...

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Habitat Company's Sheila Byrne named president of ABOMA Illinois
News 1 month ago
Habitat Company's Sheila Byrne named president of ABOMA Illinois
Source RE Journal

Sheila Byrne, executive vice president of property management at The Habitat Company has been named president of the Apartment Building Owners and...

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Triton adds Horace Grant, Jr. to its team
News 1 month ago
Triton adds Horace Grant, Jr. to its team
Source RE Journal

Triton Realty Group recently hired Horace Grant, Jr. as the firm’s newest addition. Grant grew up in Chicago’s North Shore suburbs and has resided...

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CenterPoint names Carmine Bottigliero to vice president of development
News 1 month ago
CenterPoint names Carmine Bottigliero to vice president of development
Source RE Journal

CenterPoint Properties announced that Carmine Bottigliero has been named vice president, development in the central region. In partnership with the...

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Industrial and logistics outlook for 2019
News 1 month ago
Industrial and logistics outlook for 2019
Source RE Journal

The country’s industrial and logistics (I&L) sector performed extremely well throughout 2018, impelled by strong market fundamentals, growth in...

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What happens to all those parking garages when self-driving cars show up?
News 1 month ago
What happens to all those parking garages when self-driving cars show up?
Source RE Journal

What to do with all those parking garages when self-driving cars begin to fill U. S. roadways? That’s a question that Cushman & Wakefield asked...

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Pebblebrook closes sale of Grand Hotel Minneapolis
News 1 month ago
Pebblebrook closes sale of Grand Hotel Minneapolis
Source RE Journal

Pebblebrook Hotel Trust recently closed on the sale of the 140-room Grand Hotel Minneapolis in Minneapolis for $30 million. The sale price of $30...

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