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Illinois

IllinoisCRE

Marshall Bennett Institute of Real Estate launches prior learning assessment program

The Marshall Bennett Institute of Real Estate at Roosevelt University (MBIRE) announced a new initiative that allows incoming graduate students to be awarded up to…
December 23, 2020
IllinoisRetail

Pomellato opening new Oak Street boutique in Chicago

Pomellato is celebrating its 10th year anniversary in Chicago with the relocation of its Oak Street boutique in Chicago to 37 Oak Street, opening in…
December 23, 2020
IllinoisIndustrial

DuPage food pantry buys Aurora warehouse

Loaves and Fishes has purchased a 30,000-square-foot building near its Naperville, Illinois headquarters, to expand its support of local families' food needs. Coincidentally, their new…
December 23, 2020
IllinoisCRE

Marcus & Millichap arranges the sale of three contiguous Lincoln Park buildings

Marcus & Millichap brokered the sale of three contiguous multifamily and mixed-use properties located in Chicago’s Lincoln Park neighborhood, according to Joe Powers, regional manager…
December 23, 2020
IllinoisFinanceRetail

Alpha Capital CRE secures $8 million bridge loan for Frontline Real Estate Partners in retail deal

Chicago-based Alpha Capital CRE has secured an $8 million bridge loan for Frontline Real Estate Partners for the Meadowbrook Shopping Center in Downers Grove, Illinois.…
December 22, 2020
IllinoisIndustrial

Element Bars leases manufacturing space on Chicago’s West Side

Element Bars has leased a 50,000-square-foot production and warehouse space at 1140 S. Washtenaw Avenue on the eastern edge of Chicago’s Lawndale neighborhood. The property…
December 22, 2020
IllinoisIndustrial

Pierini Iron Works building sells on Chicago’s South Side

The Pierini Iron Works Building located at 6200 S. Sayre Avenue near Midway Airport in Chicago sold to an unnamed purchaser. Terms of the deal…
December 22, 2020
IllinoisMultifamily

AIA sells several apartment buildings on Chicago’s South Side

Apartment Investment Advisers (AIA) recently sold several apartment buildings in the South Shore, Washington Park and Auburn Gresham neighborhoods on the South Side of Chicago.…
December 22, 2020
IllinoisIndustrialOffice

Entre closes sale of multi-unit flex property

Entre Commercial Realty announced that Hoerr Properties LLC, recently purchased a 36,000-square-foot, multi-tenant facility at 2430-2436 Wadsworth Road in Waukegan, Illinois. The property consists of…
December 22, 2020
IllinoisCRE

Complicated but worth it: Real estate tax incentives and structures designed for cannabis companies

The cannabis boom in Illinois has created a real estate boom in that sector, too—and just like everything in cannabis, it’s complicated. When you’re advising…
Sarah McGuire & Barbara Webb December 22, 2020
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