News Brief

Marcus & Millichap arranges sale of Lombard, Illinois shopping strip

Marcus & Millichap announced the sale of an 11,500-square-foot, multi-tenant retail property located at 401-421 W. Crescent Boulevard in Lombard, Illinois, according to Steven D.…

Kensington Development, IM Properties plan to reposition Morton Grove shopping center

Oak Brook-based Kensington Development Partners and its partner, IM Properties, have completed the acquisition of Prairie View Plaza Shopping Center in Morton Grove, Illinois, with…

Balke Brown Transwestern to market, develop 300 acres for SIU

Balke Brown Transwestern has reached an agreement with Southern Illinois University Edwardsville's University Park to market and develop 330 acres of land on the campus…

Foundry Commercial acquires Nashville office of OakPoint

Foundry Commercial, a full-service real estate services and investment company with operations across the Southeast and Texas, has reached an agreement to acquire the leasing…

Berkadia closes $19 million student-housing sale at Western Michigan University

Berkadia closed the $19 million sale of 700 SoHo, a student housing community in Kalamazoo, Michigan, near Western Michigan University.

Bradley Company broker closes two industrial transactions in Fort Wayne

Steve Chen with Bradley Company recently closed a pair of transactions in Fort Wayne, Indiana.

Irgens breaks ground on 85,000-square-foot office building in Milwaukee area

Irgens and Schenck SC broke ground Sept. 27 at the Muir Woods Research & Technology Center at 10401 W. Innovation Drive in Wauwatosa, Wisconsin. Schenck…

Friedman sells net-leased Rite Aid in Detroit

Friedman Real Estate recently sold a NNN-leased rite aid at 20000 Grand River in Detroit. Grand River Property Management, LLC sold the building to 20000…

City of Kansas City leases 59,000 square feet for housing department

The city of Kansas City, Missouri, has leased 59,642 square feet of the 4400 East Blue Parkway office building – formerly the home of an…

Columbus’ Equity|ECS wins Best Places to Work award

Columbus, Ohio-based commercial real estate company Equity|ECS recently earned a Columbus Business First – Best Places to Work Award.

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