News Brief

MMCC arranges $13.7M nonrecourse shopping center acquisition loan

Marcus & Millichap Capital Corp. (MMCC), a provider of commercial real estate financing and capital markets expertise, has arranged a $13.69 million nonrecourse loan to…

Barings Real Estate selects JLL to lease, manage Chicago industrial portfolio

JLL has been selected by Barings Real Estate, part of diversified real estate investment manager Barings LLC, to lease and manage its Chicago industrial properties…

Colliers arranges sale of $4.9M Bensenville facility

Colliers International | Chicago has arranged the $4.9 million sale of United Business Mail's 81,084-square-foot warehouse facility located at 1001 Foster Avenue in Bensenville, Illinois…

AIA Chicago recognizes architectural excellence at Designight

The Chicago chapter of the American Institute of Architects (AIA Chicago) honored exceptional architectural projects at Designight 2018, the organization's 63rd annual Design Excellence Awards…

Lee & Associates brokers two transactions in the Chicago MSA

Lee & Associates recently negotiated two transactions in the northern portion of Chicago's metro area. The company brokered a two-parcel land sale in South Elgin,…

Summit Design + Build breaks ground on 1040 W. Fulton

Chicago-based general contractor, Summit Design + Build, LLC, hosted a groundbreaking event October 24th to celebrate the start of construction at 1040 West Fulton. When…

Seven-property Chicago industrial portfolio sells for $38M

A seven-property industrial portfolio totaling 447,059 square feet recently sold in the Chicago MSA for $38 million. Holliday Fenoglio Fowler, L.P. (HFF) marketed the portfolio…

W.E. O’Neil Construction chairman Mike Faron to retire after 45 years, John Russell to assume expanded role

After 45 years of dedicated leadership, Mike Faron will transition out of his role as chairman of W.E. O'Neil Construction Company's Chicago office on December…

Kiser Group’s Birk and Sklar broker 17 transactions in October

Kiser Group, a Chicago-based multifamily brokerage firm, recently brokered 17 buildings in October throughout the Woodlawn, South Shore and Bronzeville neighborhoods. Senior director Noah Birk…

Skender employees take part in volunteer day

On Saturday, October 13, nearly 100 volunteers gathered at Skender's new manufacturing facility for the firm's annual volunteer day. Volunteers built wood wall panels for…