Illinois

Venture One Real Estate acquires 67,565-square-foot freezer/cooler building in Glendale Heights

Venture One Real Estate through its acquisition fund VK Industrial VII, LP closed on the acquisition of a 67,565-square-foot freezer/cooler building at 601 Wall St.…

Cushman & Wakefield adds executive managing director in Chicago office

Cushman & Wakefield added Heidi McClenahan as Executive Managing Director for Project & Development Services, overseeing 10 U.S. markets and Canada. She will be based in…

Retail resilience: How Chicago’s stability creates new investment momentum

Consumers may have traded malls for mobile apps, but in Chicago, the local strip center has never been busier. From nail salons to neighborhood grocers,…

Field Building Revitalization Partners secures approval for adaptive reuse of 135 S. LaSalle in Chicago

Field Building Revitalization Partners, LLC, a joint venture between Riverside Investment & Development, AmTrustRE, and DL3 Realty, secured City Council approval for a TIF redevelopment…

KPR Centers closes $40 million acquisition of Niles grocery-anchored retail center

KPR Centers bolstered its Chicago-area retail holdings with the company’s $40 million acquisition of Pointe Plaza, a nearly 195,000-square-foot grocery-anchored shopping center at 5660 W.…

Cawley Commercial Real Estate closes 30,000-square-foot industrial lease in Chicago

Cawley Commercial Real Estate (Cawley CRE) closed a new lease at 3500 S. Kedzie Ave. in Chicago. The Cawley team, representing both the tenant and landlord, included Frank Melchert,…

SIOR Panel Sheds Light on Property Tax Reform, Fairness, and Real-World Strategies

If you have ever tried to underwrite a deal or value an investment property in Cook County, you know that property taxes can be one…

Mapletree Investment breaks ground on industrial buildings in Bartlett, Joliet

Mapletree Investments broke ground on two best-in-class industrial facilities in two of Chicago’s fastest-growing submarkets. Located at 1360 Schiferl Road in Bartlett and 3600 Houbolt…

Brown Commercial Group closes 15,840-square-foot industrial lease in St. Charles

Brown Commercial Group negotiated a 15,840-square-foot, long-term lease for Perfection Servo Hydraulics, an automation machinery manufacturing and repair company that is relocating and expanding in…

Commercial Real Estate of Fame: Peak Properties’ Mike Zucker

Mike Zucker, founder of Peak Properties, began his real estate journey in 1998 from the basement of a multifamily building. What started as a modest…

Illinois

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