News Brief

Interra Realty closes $2 million sale of Chicago apartment building

Interra Realty brokered the $2.135 million sale of 1433 W. Ardmore Ave., a 13-unit multifamily building in Chicago’s Edgewater neighborhood. The transaction equates to $164,230…

Lee & Associates brokers pair of transactions in Orland Park

Lee & Associates closed a pair of sale transactions in Orland Park, Illinois. Carole Caveney, senior vice president at Lee & Associates’ Illinois office, represented…

Cooper Commercial closes sale of two-building retail center in Solon

The Cooper Commercial Investment Group brokered the sale of Kruse Commons, a two-building, 100% occupied, all-NNN multi-tenant center in Solon, Ohio. The property is anchored…

Marcus & Millichap closes sale of Fogo de Chao restaurant in Katy

Marcus & Millichap brokered the sale of 222 W. Grand Parkway, a net-leased Fogo de Chao restaurant in Katy, Texas. The asset sold for $7.5 million, or $874.84 per square-foot.…

Northmarq provides $102 million in capitalization for Baytown industrial park

Northmarq’s Houston Debt + Equity team, led by Warren Hitchcock, arranged a total of $102 million in capitalization on behalf of Christen Vestal and Provident Realty Advisors for…

McColly Bennett Commercial Advantage adds two brokers in New Lenox

McColly Bennett Commercial Advantage is expanding its commercial real estate brokerage and dealmaking presence in Will County, establishing an office and adding two brokers in…

Steel Peak expands into key Texas markets

Steel Peak, a commercial real estate investment firm focused on industrial outdoor storage properties, is expanding into the Texas commercial real estate market with a…

Essex Realty Group closes $4 million sale of multifamily property in Chicago’s Logan Square neighborhood

Essex Realty Group, LLC closed the $4 million sale of 1837–59 N. Spaulding Avenue, a 41,656-square-foot residential development site located at the corner of Spaulding…

RMK Management tackling leasing, property management duties for Chicago’s The Bellwether multifamily community

RMK Management Corp. has been hired to oversee leasing and property management for The Bellwether, a 14-story, 117-unit rental community in Chicago’s Loop neighborhood that is…

Entre Commercial Realty closes 16,932-square-foot industrial lease in Elk Grove Village

Entre Commercial Realty brokered the lease of a 16,932-square-foot industrial building at 675 Greenleaf Ave. in Elk Grove Village, Illinois. Entre represented Nearby Truck Repair LLC,…

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