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News Brief

CRE Future Leaders: Mitchell Kiven

Mitchell Kiven, senior associate with Marcus & Millichap's Chicago Downtown office, specializes in multi-tenant retail and single-tenant net-leased properties. To date, he has done more…
January 9, 2020

JLL closes sale of value-add retail center near Chicago

JLL Capital Markets closed the sale of Broadview Village Square, a 193,536-square-foot, value-add retail center in the Chicago-area community of Broadview, Illinois. JLL managing directors,…
January 9, 2020

ML Realty partners acquires industrial property in Niles

ML Realty Partners has acquired 7542 N. Natchez Avenue, a fully leased industrial building in Niles, Illinois. The 45,052-square-foot building is occupied by Avery Dennison…
January 9, 2020

NKF arranges financing of 417-unit asset in suburban Chicago

Newmark Knight Frank Multifamily (NKF) announced the financing of Railway Plaza, in Naperville, Illinois, a transit-oriented suburban multifamily property completed in 2000 adjacent to the…
January 9, 2020

Essex Realty brokers two multifamily sales, lists a third

Essex Realty Group has completed two recent sales in Chicago's suburbs—a rental portfolio in Oak Lawn, Illinois and a new construction property in Naperville, Illinois.…
January 9, 2020

MedTec Healthcare to open senior center in Mount Prospect

Cresa's Juliette Lane represented MedTec Healthcare & Private Duty (MedTec) in an 8,180-square-foot lease at Kensington Office Center, located at 411 Business Center Drive in…
January 8, 2020

Cedar Street, Origin Investments form $65M JV to develop Pilsen Gateway

Chicago-based companies Origin Investments and Cedar Street Companies have executed a joint venture agreement for the development of Pilsen Gateway, a $64.5 million multifamily project…
January 8, 2020

Vienna Beef moving to new headquarters on Chicago’s West Side

Chicago-based Dayton Street Partners has leased 2501 West Fulton in Chicago to Vienna Beef. The company will take the whole building when it moves its…
January 8, 2020
OhioOffice

Reichle Klein Group sells 48,000-square-foot office building in Ohio

Reichle Klein Group recently arranged the sale of a 48,928-square-foot office building in Sylvania, Ohio.
January 8, 2020

Kiser Group brokers 930 North Blvd. in Oak Park for $8.3 million

Kiser Group recently brokered the sale of 930 North Boulevard, a 48-unit, seven-story property in Oak Park, Illinois, for $8,300,000. Kiser Group's Matt Halper and…
January 8, 2020
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