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Midwest

MidwestCRE

First Industrial Realty Trust to develop First Park 94 on 309 acres in Chicago submarket

First Industrial Realty Trust, Inc. will begin the development of First Park 94, a master-planned business park, in the Kenosha County submarket of Chicago. It…
Staff Writer April 2, 2017
MidwestCRE

United Construction Midwest hires new business development director for the Midwest

Brian Fuller is the new business development director for the Midwest for United Construction.
Staff Writer April 2, 2017
MidwestMultifamily

Grandbridge loan origination volume up 64 percent as of mid-year

Grandbridge Real Estate Capital originated and closed 338 loans secured by multifamily and commercial real estate properties during the first half of 2015. That's up…
Staff Writer April 2, 2017
MidwestOffice

NorthMarq Capital secures $13.3 million refinance for Chicago’s Kingsbury Center

Sue Blumberg, senior vice president/managing director and Erik Kunz, vice president of NorthMarq Capital's Chicago based regional office arranged financing of $13.3 million for Kingsbury…
Staff Writer April 2, 2017
MidwestOffice

Multi-million-dollar sale offers more proof: Online auctions not just for distressed properties

Auction.com in late July made the record books, closing the largest online real estate transaction in history.
Dan Rafter April 2, 2017
MidwestCRE

CenterPoint breaks ground on 1.1 million square feet in CenterPoint Intermodal Center

CenterPoint Properties announced the groundbreaking of 1,114,575 square feet of new development at CenterPoint Intermodal Center in Joliet, Illinois. The build-to-suit, cross-loaded distribution facility for…
Staff Writer April 2, 2017
MidwestIndustrial

Quantum Real Estate Advisors Inc. brokers $1.08 million sale of multi-tenant retail building

Marcus & Millichap has completed the sale of 1941-2019 Johns Drive, located in Glenview, Illinois. The asset sold for $3,870,000.
Staff Writer April 2, 2017
MidwestMultifamily

Associated Bank finalizes $6.25 million for construction of multifamily project in Rolling Meadows

Associated Bank has completed its sixth construction loan for Chicago-area developer Lexington Homes. The $6,250,000 loan will finance the construction of Lexington Crossing of Rolling…
Staff Writer April 2, 2017
MidwestCRE

The DeLong Co. to relocate transload operation to CenterPoint Intermodal Center

CenterPoint Properties announced the addition of The DeLong Co. at CenterPoint Intermodal Center in Joliet, Illinois. The DeLong Co. will occupy 25 acres of land…
Staff Writer April 2, 2017
MidwestCRE

Industry veterans launch commercial mortgage company based in Chicago’s North Shore

Gary Wool, Martin Siegel, and Matt Lebenson recently announced the launch of the commercial mortgage company, Wool Finance Partners. With a shared vision of combining…
Staff Writer April 2, 2017
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