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Illinois

IllinoisCRE

The Nicholas Family of Companies acquires Schaumburg’s Joseph Nicholas Construction Corporation

The Nicholas Family of Companies acquired Schaumburg, Illinois-based Joseph Nicholas Construction Corporation (JNC), a construction firm specializing in auto dealerships. JNC will become a dedicated automotive facility construction studio…
October 8, 2025
IllinoisOffice

Lee & Associates signs long-term lease at Oakbrook Terrace’s One Lincoln Center

Lee & Associates of Illinois signed a new long-term lease at One Lincoln Center, 18W140 Butterfield Road in Oakbrook Terrace, Illinois.   The move, set for Q3…
October 8, 2025
IllinoisMultifamily

Marcus & Millichap facilitates sale of mixed-use property in Chicago’s Lincoln Park neighborhood

Marcus & Millichap negotiated the sale of 2525 North Clark Street, a mixed-use property in Chicago’s Lincoln Park neighborhood. The asset, which includes 12 multifamily…
October 8, 2025
IllinoisHealthcare

Lurie Children’s Hospital of Chicago opens 75,000-square-foot outpatient center in Schaumburg

Ann & Robert H. Lurie Children’s Hospital of Chicago is proud to announce the official opening of its new 75,000-square-foot outpatient center in Schaumburg, Illinois.…
October 7, 2025
IllinoisIndustrial

Lee & Associates brokers 25,141-square-foot industrial building in Itasca

Lee & Associates leased a 25,141-square-foot industrial building located at 1070 W. Ardmore Avenue in Itasca, Illinois.  Jeff Janda, SIOR and Chris Nelson, principals at Lee & Associates’ Illinois office, represented…
October 7, 2025
IllinoisIndustrial

Entre Commercial Realty brokers sale of 20,500-square-foot industrial building in Wauconda

Entre Commercial Realty sold a 20,500-square-foot freestanding building at 1275 Kyle Court in Wauconda, Illinois. The property is in great condition and features 16’-20’ clear…
October 7, 2025
IllinoisIndustrial

NAI Hiffman brokers $2.6 million sale of industrial property in Wood Dale

NAI Hiffman brokered the $2.6 million sale of 344 Beinoris Drive in Wood Dale, Illinois. The 20,541-square-foot freestanding industrial building sold for $127 per square…
October 7, 2025

Distribution centers as the new battleground: Chicago developers sharpen focus on logistics hubs

Chicago’s industrial market is no stranger to cycles, but the current one has a defining feature: distribution centers have become the market’s battleground. As construction…
Brandi Smith October 7, 2025
IllinoisOffice

Newmark closes 17,447-square-foot office lease for DesignPac in Oak Brook

Newmark arranged a long-term, 17,447-square-foot office/flex lease for DesignPac, a subsidiary of 1-800-Flowers.com, Inc., at 2100 Swift Drive in Oak Brook, Illinois. Newmark Senior Managing…
October 3, 2025
IllinoisIndustrial

Zenith Industrial Outdoor Storage acquires pair of industrial properties in Chicago

Zenith Industrial Outdoor Storage (IOS) acquired two industrial properties in Chicago, IL: 9809 Industrial Drive and 1400 Powis Road.   The transactions closed in August…
October 3, 2025
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