News Brief

General manager with Chicago’s Draper and Kramer wins property manager award

Chicago-based Draper and Kramer, Incorporated announced Kelli Stuart, general manager and assistant vice president, received the 2026 Certified Property Manager (CPM) Excellence Award from the…

Essex Realty Group closes sale of six-unit multifamily property in Chicago’s Lincoln Park neighborhood

Chicago-based multifamily brokerage firm Essex Realty Group, LLC closed the sale of 1948 North Lincoln Avenue, a 6-unit multifamily property in Chicago’s highly desirable Lincoln…

Gerdom Realty and Investment closes lease for hobby shop in White Lake retail center

The Gerdom Realty and Investment team of Tjader Gerdom and Michael Murphy represented the landlord in leasing the 1,625-square-foot space at White Lake Plaza in…

Hanley Investment Group brokers sale of single-tenant IHOP in Tyler

Hanley Investment Group Real Estate Advisors arranged the sale of a single‑tenant IHOP in East Texas to a private Southern California 1031 exchange buyer. Hanley…

Trammell Crow Company breaks ground on 788,320-square-foot business center in Plainfield

Trammell Crow Company broke ground on Building 2 of the Plainfield Business Center in Plainfield, Illinois, approximately 40 miles southwest of downtown Chicago. The 788,320-square-foot…

Roseville’s Lupe Development Partners name president, COO

Roseville, Minnesota-based developers Lupe Development Partners named Aaron Diederich as its new president and chief operating officer. Diederich will lead the company following 20 years…

Opus begins construction of Continental mixing facility in Mount Pleasant

Opus announced that construction is underway on an advanced manufacturing facility for ContiTech, a group sector of Continental, at its existing plant in Mount Pleasant, Iowa. The project…

Newmark closes 72,745-square-foot industrial lease in ALgonquin

Newmark arranged a 72,745-square-foot industrial lease at Algonquin Corporate Center, a state-of-the-art industrial complex on Broadsmore Drive and Corporate Parkway in Algonquin, Illinois. The tenant,…

Marcus & Millichap closes sale of 50,000-square-foot industrial warehouse in Hillsdale

Marcus & Millichap brokered the sale of 222 Broadway Avenue, a 50,000-square-foot Class-A spec-built industrial warehouse finished to grey shell in Hillsdale, Indiana. Originally offered with 9 acres,…

JLL closes sale of 244-room hotel in Houston’s CITYCENTRE district

 JLL’s Hotels & Hospitality Group announced today it has completed the sale of the Moran Hotel CITYCENTRE, a premier 244-room lifestyle hotel strategically positioned within…

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