News Brief

Inland Real Estate completes off-market sale of Gurnee multifamily property

Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of Deer Creek Condominiums, a 58-unit residential property located in Gurnee, Illinois, a northern…

Marcus & Millichap arranges two separate Chicago-area apartment sales totaling $4.5M

Marcus & Millichap facilitated the sale of two multifamily properties in the Chicago area. The two separate transactions were in Evanston and Dolton, Illinois, with…

Lee & Associates negotiates industrial sale in Meridian Business Campus

Lee & Associates of Illinois has closed on the sale a 60,636-square-foot industrial building located at 801 N. Commerce Street in Aurora, Illinois. The facility…

Hanover Park, Illinois retail center sells for $4.4 million

Marcus & Millichap announced the sale of Sandpiper Plaza, a 35,986-square-foot shopping plaza located in Hanover Park, Illinois, according to Steven D. Weinstock, regional manager…

Insurer Arthur J. Gallagher & Co. looking to expand Rolling Meadows campus

Insurance giant Arthur J. Gallagher & Co. is seeking to expand its Rolling Meadows global headquarters with the construction of a new four-story building on…

Blue Cross and Blue Shield opening neighborhood center in Chicago’s Pullman community

Blue Cross and Blue Shield of Illinois (BCBSIL) is breaking ground on a neighborhood center in Chicago's historic Pullman community. Called the Blue Door Neighborhood…

MinnesotaOffice

CBRE sells 385,000-square-foot headquarters building in Minnesota

CBRE Capital Markets arranged the sale of the 385,000-square-foot Prime Therapeutics headquarters facility under construction in Eagan, Minnesota, for $98.5 million. Winnipeg-based Artis REIT was…

MichiganFinance

Friedman closes $3.9 million loan for Ann Arbor apartment community

Friedman Finance arranged a $3.9 million loan for a 48-unit apartment community in Ann Arbor, Michigan.

MinnesotaSeniors Housing

Kraus-Anderson wraps work on 142-unit seniors housing facility in Minnesota

Kraus-Anderson Construction Company has completed construction of Riverview Landing, a 168,000-square-foot assisted- and independent-living community at 9200 Quantrelle Ave. NE in Otsego, Minnesota.

OhioFinance

KeyBank provides $87 million for affordable housing in Cincinnati

KeyBank has provided $87 million in financing to Related Companies for the acquisition and rehabilitation of Avondale Properties and Alms Hill Apartments in Cincinnati. The…