Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • About
IllinoisCRE

The Nicholas Family of Companies acquires Schaumburg’s Joseph Nicholas Construction Corporation

October 8, 2025
Share on Facebook Share on Twitter Share on LinkedIn Share via email
Photo courtesy of Nicholas Family of Companies.

The Nicholas Family of Companies acquired Schaumburg, Illinois-based Joseph Nicholas Construction Corporation (JNC), a construction firm specializing in auto dealerships.

JNC will become a dedicated automotive facility construction studio within The Nicholas Family of Companies, leveraging JNC’s specialized expertise to meet the growing demand for automotive facility and dealership projects nationwide.

JNC joins Nicholas & Associates, the diversified construction arm of the Nicholas Family of Companies, a second-generation firm serving the public and private market sectors in Illinois, Wisconsin and Florida since 1978.

The U.S. auto dealership market was worth $2.95 trillion in 2025 and should reach $3.68 trillion over the next five years, per Mordor Intelligence. Currently, there are approximately 16,000 franchised dealerships in the country. Construction is being driven by increased renovation and new builds for luxury, import and domestic stores, according to the American International Automobile Dealers Association.

Although sharing similar names, JNC is not affiliated with the Papanicholas family of the Nicholas Family of Companies. The acquisition unites two independent, family-led businesses, combining over a decade of expertise in automotive facility construction under one portfolio. As part of the transition, JNC will relocate its headquarters from Schaumburg to the Nicholas Family of Companies headquarters in nearby Mount Prospect. 

Joey Mariconda, director of construction for JNC, will join Nicholas & Associates as director of its automotive facility construction studio.

Tags
IllinoisSchaumburgThe Nicholas Family of Companies
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
KentuckyMidwestMultifamily

Fairstead to rehab 80-unit affordable housing community in Lexington

June 9, 2026
OhioMultifamily

Onyx+East acquires 31 acres for development of housing community north of Cincinnati

June 9, 2026
MinnesotaCRE

Matt Mullins Launches Bricks and Brand, a Strategic Real Estate Advisory Firm Bridging Market Insight, Development, and Brand Execution

June 9, 2026
IndianaMidwestRetail

Colliers closes sale of 82,847-square-foot retail center in Indianapolis

June 9, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com