Midwest

Randolph Street Realty Capital LLC buys vacant Wicker Park multifamily property for $14.3M

Randolph Street Realty Capital LLC paid $14.3 million for a 36-unit multifamily property at 1819 W Division Street in Chicago's Wicker Park neighborhood.

Foreign investment firm acquires 224,000-square-foot Blackhawk on Halsted mixed-use development

Structured Development sold its 224,000-square-foot mixed-use development in Lincoln Park, Blackhawk on Halsted, to a foreign institutional investment fund for an undisclosed price.

Acadia Realty Trust sells The Heritage Shops at Millennium Park for $46.5M

El Paso, Texas-based Hunt Investment Management acquired The Heritage Shops at Millennium Park on the southeast corner of Randolph Street and Wabash Avenue, for $46.5…

Bridge Development completes four industrial leases at new McCook and Libertyville properties

Bridge Development Partners, LLC, has signed leases with four tenants totaling more than 246,000 square feet in two industrial buildings delivered in July 2015.

Chicago industrial vacancy drops in first quarter and gains strong demand for space, Avison Young research shows

Growth in distribution and e-commerce continue to fuel Chicago's industrial market, which saw vacancy rates decline in Q1 of 2016 for the fifth consecutive quarter,…

Trifinity Partners leases 120,249 square feet in Waukegan, Illinois

Trifinity Partners has leased 120,249 square feet of space at Delany Commerce Center in Waukegan, Illlinois. Trifinity, a third-party logistics firm, will take immediate occupancy…

Colliers awarded new Indianapolis property management assignments

The Colliers International Real Estate Management Services group, has been awarded two new assignments in central Indiana, bringing its total property management portfolio to 20…

Construction on city’s third tallest building set to begin this summer

Mayor Rahm Emanuel announced today that construction on the 95-story Vista Tower, otherwise known as the city's soon-to-be third tallest building, will begin this summer…

Majority of new retail development in 2016 expected in city, Mid-America Real Estate report shows

Chicagoland can expect to see less larger-scale retail spaces averaging five million-plus square feet. That's because grocery-driven projects and smaller footprint urban infill developments are…

Sachse receives LearningElite + Development award

Sachse Construction was recently honored with a bronze award through Chief Learning Officer magazine's annual LearningElite + Development awards.

Midwest

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