Illinois

From desperate times come desperate renters. Especially in Suburban Chicago

Newcomers seeking warm weather and a wave of remote workers has made Suburban Chicago a highly sought-after region by renters this year, fueling fierce competition…

Balke Brown Transwestern backs newly-formed multi-property platform targeting Midwest

Double Eagle Development, a full-service real estate development firm, today announced the launch of its development platform targeting projects in top markets primarily within the…

Greystone lends $44 million on purchase of multifamily property in Mount Prospect

Greystone has provided a total of $44,200,000 in Fannie Mae Delegated Underwriting and Servicing (DUS®) senior proceeds and mezzanine proceeds for the $49,500,000 acquisition of…

Friedman sells 490,000-square-foot industrial building in Sterling

Friedman Real Estate recently sold The Warehouse at 301 West, a 490,000-square-foot industrial building located on West 3rd Street in Sterling. Friedman’s Kellen Duggan advised both parties…

CBRE arranges entertainment anchor lease in Chicago suburbs

CBRE has arranged a new retail lease within River Pointe of Algonquin. Fun City Adventure Park will occupy 35,549 square feet in the grocery-anchored retail…

Cresa arranges sale leaseback in Franklin Park

Cresa Managing Principal Ed Lowenbaum represented ConCan II, a related party to tenant Alliance Paper and Foodservice Equipment in the sale of its 58,000-square-foot industrial…

TradeLane Properties acquires former retail facility for industrial conversion in Fort Worth

TradeLane Properties announced the acquisition of 1650 S. Cherry Lane, a former “big box’ retail facility totaling 120,200 square feet in Fort Worth. This facility is situated…

The Palatine multifamily sale set a new record for suburban Chicago. Here’s what you need to know:

Albion Residential just bought Bourbon Square from Los Angeles-based Broadshore Capital Partners. And at almost $140 million? It’s the highest price ever paid for a…

EQT Exeter’s U.S. Multifamily team acquires Reserve Randall Road rental community in Chicago suburbs

EQT Exeter’s U.S. Multifamily team recently acquired the 380-unit Reserve Randall Road in West Dundee in an off-market deal. EQT Exeter’s fully integrated property management company, Redwood…

Bell Works Chicagoland welcomes Club Colors as latest and largest office tenant

Bell Works Chicagoland has signed a long-term lease with Club Colors, making the company the building’s largest tenant to date. Bell Works Chicagoland will become…

Illinois

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