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Illinois

IllinoisCRE

Hiring of Patrick Clay adds to ARCO/Murray’s design-build breadth and continued expansion

ARCO/Murray has hired Patrick Clay as director of business development for the tenant solutions division. Clay, an architect by trade, brings a unique perspective to…
December 9, 2020
IllinoisOffice

Forward Space celebrates grand opening of new Wood Dale HQ

Forward Space, LLC held a ribbon-cutting ceremony and virtual grand opening to celebrate its new headquarters in suburban Chicago. PREMIER Design + Build Group was…
December 9, 2020
IllinoisCRE

Entertainment venues chart unexplored territory during—and after—the pandemic

Dancing and singing along with the crowd at a Thalia Hall concert. Ignoring the tight quarters and laughing at a Second City revue. Joining hundreds…
Matt Baker December 9, 2020
IllinoisCRE

Holly Duran Real Estate Partners joins Colliers International Chicago

Holly Duran Real Estate Partners LLC (HDREP), a boutique commercial real estate services firm headquartered in Chicago, has joined Colliers International Chicago. The firm is…
December 9, 2020
IllinoisOffice

Methods Machine Tools to more than double space in move to Northwest suburban location

Brown Commercial Group negotiated a 36,000-square-foot, long-term lease for Methods Machine Tools, Inc. at 70 Prairie Parkway in Gilberts, Illinois, in Chicago’s northwest suburbs. Brown…
December 9, 2020
IllinoisCRE

Sterling Bay launches life sciences business accelerator, Prysm Institute

Sterling Bay announced the launch of the Prysm Institute, a business accelerator that provides resources to emerging and established companies specializing in life sciences, healthcare…
December 9, 2020
IllinoisIndustrial

Phoenix Investors announces phase two of North Normal Industrial Park in Normal, IL

An affiliate of Milwaukee-based Phoenix Investors will build phase two of the North Normal Industrial Park. The project consists of a 500,000-square-foot addition on approximately…
December 9, 2020
IllinoisMultifamily

Northern Illinois apartment property sells for $2.2 million

Marcus & Millichap facilitated the sale of Schwarz Properties, a 49-unit apartment property located in Belvidere, Illinois, according to Joseph J. Powers, regional manager of…
December 9, 2020
IllinoisCRE

Will County becomes fifth Illinois county to launch a Commercial PACE program

The Illinois Energy Conservation Authority NFP (IECA) has been selected by Will County as the program administrator for the Will County Commercial Property Assessed Clean…
December 8, 2020
IllinoisMultifamily

The Missner Group begins construction on mixed-use development in downtown Glen Ellyn

Construction has begun on GSP Development’s Apex 400 Apartments, a ground-up, luxury, multifamily apartment, and retail property, located in downtown Glen Ellyn, Illinois. Fitzgerald Associates…
December 8, 2020
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