Backlog report more evidence of CRE recovery
Seeing more construction cranes in your city? You're not alone. Developers are building more offices, retail centers, warehouses and apartment buildings today.
Midwest
Avison Young’s Myers: Tackling a tough suburban office assignment
Eric Myers, principal at Avison Young, has a difficult job. Myers has been tasked with leasing up the office portion of Barrington Village Center, a…
Griffin Capital Essential Asset REIT acquires Nokia Siemens Networks facility for $29.5 million
Griffin Capital Essential Asset REIT Inc. has acquired the Nokia Siemens Networks research and development facility in Arlington Heights.
Marcus & Millichap closes 11 hotel transactions in July totaling $59 million
Marcus & Millichap Real Estate Investment Services has closed 11 hotel transactions in the month of July totaling more than $59 million.
J.F. McKinney & Associates to build spec suburban office project
J.F. McKinney & Associates Ltd. is building the first speculative office project in the suburbs in years. The project will be in Northbrook, where the…
Jameson Commercial finalizes lease with Children’s Learning Place
Build OutJameson Commercial LLC has finalized a commercial lease with the Children's Learning Place for 12,260 square feet of first-floor space at 3532 N. Halsted…
ARCO/Murray awarded ITT Chicago contract
ARCO/Murray has been awarded the contract to construct a new 19,000-square-foot campus for ITT Educational Services located at 2828 N. Clark St. in Chicago. Construction…
Millennium Properties sells fully leased eight-unit multifamily complex
Millennium Properties R/E, serving as the exclusive sales advisor to the bankruptcy court, recently completed the sale of an eight-unit apartment complex at 1 N.…
Newport Capital Partners acquires the Clybourn Galleria
Newport Capital Partners has acquired the Clybourn Galleria, a 25,300-square-foot urban retail property, for $11.75 million. The property was acquired on behalf of Newport Capital…
Illinois Property Solutions signs two new tenants for 78,400 square feet
NAI Hiffman recently represented Illinois Property Solutions in two new leases at 500 Joliet Road in Willowbrook, bringing the building to 100 percent occupancy.