News Brief

Minneapolis’ Kraus-Anderson Realty hires director of portfolio development

Minneapolis-based Kraus-Anderson Realty hired Patrick Brama as director of portfolio development. He will focus on the development of KA Realty's five million square-foot portfolio of commercial…

Clear Height Properties closes 37 leases in first quarter

Clear Height Properties completed 37 new and renewal leases totaling 280,000 square feet in the first quarter. Significant transactions included:2945 Shermer, Northbrook, ILA 32,000 square…

CRG names SVP and partner in Chicago office

CRG, the real estate development and investment arm of Chicago-based Clayco, appointed data center veteran Rohit Kinra as senior vice president and partner, strengthening the firm's…

Eastham Capital acquires 270-unit multifamily community in Richton Park

Eastham Capital acquired Park Towers Apartment Homes, a 270-unit community in Richton Park, Illinois, within Chicago’s Cook County submarket. South Florida-based Eastham Capital acquired the community…

Interra Realty closes three multifamily transactions in southwest suburban Chicago

Interra Realty brokered three multifamily transactions in southwest suburban Chicago. The deals included the $2.34 million sale of 9822 Nottingham Ave. in Chicago Ridge, Ill.; the…

Berkadia provides financing for 96-unit multifamily property in Grand Rapids

Berkadia provided the financing of Meadowood Townhomes, a 96-unit, townhome-style multifamily property in Grand Rapids, Michigan. Managing Director Aaron Moll and Associate Director’s Dominick Ens…

Friedman Real Estate closes sale of 22,500-square-foot shopping center in Southgate

Friedman Real Estate's Jaidyn Smith completed the sale of the 22,500-square-foot Southgate Crossing shopping center at 16215 Dix Toledo Road in Southgate, Michigan. Friedman represented…

Elm Real Estate Group provides financing for 165-unit multifamily development in Houston

Elm Real Estate Group, LLC closed construction financing for The Westermark, a 165-unit Class-A multifamily development in Houston, Texas, adjacent to Sugar Land, Texas. Wintrust…

Entre Commercial Realty closes 26,260-square-foot industrial lease in Mundelein

Entre Commercial Realty LLC closed the lease of 26,260 square feet of industrial space at 909-911 Orchard Street in Mundelein, Illinois. After an extensive search…

Mapletree Investments closes sale of 19-asset industrial portfolio in Dallas, Midwest

Mapletree Investments closed the sale of a 1,379,424-square-foot mid-shallow bay industrial portfolio to Dalfen Industrial for $207.5 million. This transaction marks the Group’s fifth U.S.…

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