Illinois

NorthStar REIS closes $26.3 million sale of industrial property in Schaumburg

Jack Stead with NorthStar REIS, Inc. facilitated the $26.3 million sale of an industrial property in Schaumburg, Illinois. The property is located at 800 Albion…

NAI Hiffman completes 16 industrial transactions across Chicago market since last March

NAI Hiffman announced that its industrial brokerage team led by Executive Vice President Kelly Disser, together with Executive Vice President Mike Freitag, Senior Associate Bill…

Villa Park’s Keeley Construction adds controller

Villa Park, Illinois-based Keeley Construction hired Adam Lapp as controller. Lapp will work closely with Chief Financial Officer Jean Keeley, overseeing financial operations. Lapp brings…

Transwestern report: Office struggles continue in Chicago’s CBD

The Chicago office sector continues to struggle, with vacancies rising and absorption remaining negative, according to the latest research from Transwestern.

Dolan & Murphy closes sale of 16.41-acre industrial lot in Montgomery

Dolan & Murphy Inc. announced the sale of Lot 5 of the Montgomery Business Center, a 16.41 Acre Industrial Lot in the 144-Acre Montgomery Business…

MWI Property Group hosts groundbreaking for business park in Geneva

MWI Property Group (MWI) hosted a groundbreaking event July 24 with its project team and local government officials at the Gateway Business Center. This master-planned…

RFP process launched for Chicago State University’s University Village 95

CBRE, in partnership with Chicago State University, launched a Request for Proposals for University Village 95, a mixed-use development opportunity on Chicago’s South Side. This…

Cautious capital, creative stacks: Chicago CRE financing adapts

In a market defined by high interest rates, cautious banks and shifting underwriting standards, Chicago’s commercial real estate developers are still getting deals done, but…

IMPACT Strategies making progress on medical office renovation in Belleville

IMPACT Strategies, Inc. is currently making significant progress on the medical office renovation project that SIHF Healthcare has undertaken at 180 S 3rd St. in…

Essex Realty Group brokers sale of two apartment buildings in Villa Park

Essex Realty Group, LLC closed the sale of two neighboring apartment buildings at 329 & 331 N. Ardmore Ave. in the village of Villa Park…

Illinois

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