Smooth roads ahead for e-commerce real estate
While the COVID-19 situation has placed potholes and hairpin turns in front of some sectors like retail and hospitality, there’s nothing ahead but freshly laid…
Illinois
Gurnee land site sells to hotel developer
SVN | Chicago Commercial recently brokered the sale of a land parcel at 5742 Northridge Drive in Gurnee, Illinois. A developer acquired the 2.64-acre land…
Vista Property Group sets sights on West Loop infill location for 15-story office building
Vista Property Group is seeking approval for a new office building at 609 W. Randolph Street in Chicago’s West Loop. Designed by Antunovich Associates, the…
Glenstar and Rubenstein Partners complete $20 million renovation at Continental Towers
Glenstar and Rubenstein Partners have wrapped up a $20 million renovation at Continental Towers. Launched last summer, it marks the completion of a two-phase redevelopment…
ESD proptech spinoff raises $6.5 million in seed funding
Cohesion, a spin-off venture of ESD, raised $6.5 million in seed funding to support their SaaS intelligent building platform, based on technology originally conceived and…
Living history: The Old Post Office bridges Chicago’s past and future
Chicago is well known for its architectural heritage, though our actions sometimes belie this. In a city that has demolished more notable structures than others…
Inland completes investment sale in Palatine
Inland Real Estate Commercial Brokerage, Inc. announced the sale of a six-unit residential property in Palatine, Illinois. The multifamily property, located at 1551 N. Winslowe…
Cresco Labs appoints Carol Vallone to its board as Brian McCormack retires
Cresco Labs announced additional actions in board refreshment and corporate governance to further strengthen its leadership in the cannabis industry. Cresco has appointed Carol Vallone…
Brown Commercial Group brokers land sale, build to suit for trucking company
Brown Commercial Group partner, Mike Antonelli, represented Dynamic MD, LLC in its purchase of a 3.2-acre site in Chicago’s suburban market. The buyer, a rapidly…
ASC secures $6.6 million for multifamily refi in Naperville
American Street Capital (ASC) has secured a $6.6 million cash-out refinance loan for a 60-unit multifamily building in Naperville, Illinois. Built in 1986, the three-story…