Illinois

Lee & Associates of Illinois negotiates two DuPage County industrial leases

Lee & Associates, one of the largest national commercial real estate providers, negotiated two industrial lease transactions in the DuPage submarket totaling 67,244 square feet.…

Rising inflation continues as one of the biggest threats to CRE

According to the 2023 Chicago Mid-Year Sentiment Report, produced by The Real Estate Center at DePaul and the Urban Land Institute Chicago District Council, rising inflation…

First Bank Chicago named one of Crain’s 2023 Best Places to Work in Chicago

For the sixth consecutive year, Crain’s Chicago Business has recognized First Bank Chicago, formerly known as First Bank of Highland Park, as one of Chicago's…

Savills Chicago adds Brian Czarnecki to industrial tenant representation roster

Savills announced that Brian Czarnecki has joined the Chicago office as managing director. Czarnecki brings over a decade of industry experience to the firm and…

Marcus & Millichap arranges sale of value-add retail property in Palatine

Marcus & Millichap announced the sale of a value-add, multi-tenant retail property located in Palatine, Illinois, according to Steven D. Weinstock, Regional Manager and Senior Vice President…

Principle begins tenant improvements for new industrial dry-cleaning facility in Aurora

Principle Construction Corp. recently started construction on the tenant improvements of a 282,588-square-foot building at 2000 Deerpath Road in Aurora, Illinois, for Tailored Brands. The…

DarwinPW Realty/ CORFAC International hires Thomas Engel

DarwinPW Realty/CORFAC International is pleased to announce that Thomas Engel has joined the firm as an associate. In his new role, Engel will be responsible…

Venture One fund acquires industrial building in Elmhurst

Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 37,601-square-foot industrial building located at 744…

Greenstone Partners brokers Wicker Park multifamily deal

Greenstone Partners successfully sold 1414 North Noble, a 13,700-square-foot turnkey multifamily property located in Chicago’s Wicker Park neighborhood. The fully leased, 10-unit property sold for…

Peak underway with IDI Logistics’ Rock Run Crossing 2

Peak Construction Corporation is underway with IDI Logistics’ new speculative warehouse, Rock Run Crossing 2 in Joliet’s Rock Run Crossings Business Park. The 219,041 square…

Illinois

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