Illinois

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…

Friedman Real Estate sells Danville Plaza in Danville

Friedman Real Estate recently sold the freestanding building, a 32,000-square-foot retail building on N. Gilbert Street located in Danville. The property is located two miles…

Sticker shock: Market conditions remain tight for Chicagoland tenants

Sticker shock. That’s what tenants experienced with asking rents across Chicago in Q2. Especially when combined with additional tax and operating expenses.

Clear Height Properties promotes two

Rick Nevarez has been promoted to director of acquisitions and Joe Young to managing director, asset management and acquisitions. The announcement was made by Gary…

Friedman Real Estate leases former Baker’s Square property in Orland Park

Friedman Real Estate recently leased the 5,780 retail space located on S. La Grange in Orland Park. Friedman’s Torrey Lewis advised the landlord in the transaction.

Chicago-based Waterton announces new SVP

Waterton announced that Christina Steeg will join the firm as senior vice president, marketing and communications. Steeg will be responsible for overseeing the strategic direction of…

Interra Realty brokers sale of two-building multifamily portfolio in Chicago’s Logan Square

Interra Realty negotiated the sale of a two-building multifamily portfolio in Chicago’s Logan Square neighborhood for $2.875 million, or $205,357 per unit. The portfolio comprises 3856…

Illinois

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