News Brief

Lee & Associates of Illinois closes three transactions in the I-55 corridor

Lee & Associates of Illinois has closed three industrial transactions in Chicago’s I-55 corridor.  Tom Condon, principal at Lee & Associates’ Illinois office, represented the…

IllinoisIndustrial

Chicago sees sixth-most data center leasing in North America in H1 2020

Driven by demand from social media and cloud services companies, as well as new tax incentive legislation, Chicago saw the sixth-most data center leasing activity…

IndianaIndustrial

Opus building 862,000-square-foot industrial build-to-suit project in Indiana

The Opus Group has started construction on an industrial build-to-suit in Mount Comfort, Indiana. Construction on the 862,235-square-foot building is expected to be complete in…

IllinoisIndustrial

Midwest Industrial Funds completes over 500,000 SF of leases in Chicagoland

Midwest Industrial Funds recently announced the long-term leasing of 86,000 square feet at 1020 Olympic, Batavia, Illinois to Second City Prints. The space features 24-…

TexasOffice

363 North Belt in North Houston trades to new owner

JLL Capital Markets has closed the sale of 363 North Belt, a 386,277-square-foot, 20-story office building in North Houston, Texas. Terms of the transaction were…

IllinoisNet Lease

Net-leased Starbucks property in Des Plaines sells for $1.6 million

Marcus & Millichap brokered the sale of a 1,914-square-foot, net-leased Starbucks property located in Des Plaines, Illinois, according to Steven D. Weinstock, regional manager and…

MichiganRetail

Avison Young closes $2 million sale of Dollar General in Flint

Avison Young brokered the about $1.03 million sale of a single-tenant retail property occupied by Dollar General at 1510 E. Carpenter Road in Flint, Michigan.…

IllinoisCRE

Draper and Kramer receives 2020 Private Company Board of the Year Award

The board of directors of Draper and Kramer, Incorporated has been recognized with a 2020 Private Company Board of the Year Award, honoring excellence in…

MinnesotaSeniors Housing

United Properties starts construction on 133-unit independent-living facility in Bloomington

United Properties has broken ground on ThePOINTE Bloomington, a 55-plus independent living rental community at 5601 American Blvd. W. in Bloomington, Minnesota. ThePOINTE Bloomington will…

MinnesotaCRE

Kraus-Anderson begins construction of Burnsville fire station

Kraus-Anderson has begun a new 44,000-square-foot fire station at 14275 Newton Ave. in Burnsville, Minnesota. The fire station will replace existing Fire Station No. 1,…