IllinoisMultifamily Interra Realty brokers $2M multifamily portfolio sale in Chicago’s Marquette Park Interra Realty arranged the sale of a three-building, 37-unit multifamily portfolio in Chicago’s Marquette Park neighborhood for $2.02 million. The sale price equates to $55,000…
IllinoisIndustrial Avison Young negotiates 43,000-SF industrial building sale in Chicago Avison Young negotiated a 43,000-square-foot industrial building sale in Chicago’s rapidly developing West Side submarket. The facility, one of the original Alberto Culver manufacturing plants,…
IllinoisCRE Chicago real estate taxes a hot topic While property taxes are not always a compelling topic of conversation, the current tax situation in Illinois has pushed commercial real estate professionals to focus…
IllinoisMultifamily Essex Realty Group brokers $6.7M sale of boutique apartment building Essex Realty Group facilitated the sale of 933 W. Belle Plaine Avenue, a 17-unit, new construction apartment building located in Chicago’s Buena Park neighborhood. Delivered…
IllinoisOffice Avison Young adds two to flexible office solutions group in Chicago To meet owners’ and occupiers’ growing interest for core and flex office strategy, Avison Young has added eight team members to its flexible office solutions…
IllinoisCRE Standard lease terms don’t fit the marijuana industry By 2025, legal sales of marijuana in the United States may approach $40 billion. Clearly, the marijuana industry offers great opportunity for some commercial real…
IllinoisCRE Novak Construction enhances portfolio with new division, Novak Interiors Chicago-based Chicago-based Novak Construction Company—which specialized in ground-up, interior build-out and renovation projects—has created a new vertical, Novak Interiors. The new venture will focus on…
IllinoisCRE Steven Weinstock named national director of Marcus & Millichap’s self-storage division Marcus & Millichap announced that Steven D. Weinstock has been named national director of the firm’s self-storage division. Weinstock will maintain his positions as first…
IllinoisIndustrial Deals on the horizon: Funding CRE during the pandemic One month ago, the novel coronavirus was a distant concern—something to keep an eye on as it might impact liquidity in various parts of the…
IllinoisMultifamily AIA sells nine-unit building, markets 12-unit building in Lincoln Square Apartment Investment Advisers (AIA) recently closed the sale of a nine-unit, mixed-use building in the Lincoln Square neighborhood on Chicago's North Side. Located on the…