RE Journals - Midwest and Chicago commercial real estate news

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Chicago’s Marshall Bennett Institute of Real Estate raises record-setting $283,000 to support future industry leaders

The Marshall Bennett Institute of Real Estate (MBIRE) at Roosevelt University in Chicago celebrated its 25th Annual Real Estate Gala on Oct. 22, raising $283,000, the most money raised by the event in its 25-year history.

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Chicago Community Trust fuels key projects for underserved city neighborhoods

Six community-led real estate projects bringing new amenities, services, and economic opportunities to underinvested Chicago neighborhoods are receiving nearly $6 million in grants from the Neighborhood Capital Fund (NCF).

Crystal Lake is the clear leader for real estate business development

The City of Crystal Lake continues to grow, leading to strong retail, office and industrial real estate markets with outstanding, ongoing opportunities for growth.

Colliers closes $70.6 million sale of educational facility in Chicago’s South Loop neighborhood

Colliers announced the $70.6 million sale of a purpose-built educational facility at 161 W. 9th St. within Chicago's Roosevelt Collection.

Essex Realty Group negotiates sale of Libertyville multifamily property

Essex Realty Group, LLC closed the sale of 314 E. Park Avenue, a nine-unit multifamily property in Libertyville, Illinois. Director Anthony Citriglia represented the seller in the transaction.

Meridian Design Build wraps construction truck maintenance and storage facility in Bartlett

Meridian Design Build recently wrapped construction on a 50,463-square-foot truck maintenance and tire storage facility for Pava Logistics on a 4.2-acre site within Abbott Land & Investment’s Blue Heron Business Park in Bartlett, Illinois. The building is the 3rd Build-to-Suit project that Meridian has constructed within the park.

NAI Hiffman closes five lease transactions at Oak Brook office building

NAI Hiffman completed five lease transactions totaling 17,875 square feet at 903 Commerce Drive, a 72,241-square-foot office building in Oak Brook, Illinois.

Officials, construction partners celebrate opening of 80-unit seniors housing community in Franklin Park

Local officials and construction partners gathered Oct. 28 to celebrate the ribbon-cutting of Leyden Senior Apartments. The new development is a four-story, 80-unit independent senior living community in Franklin Park, Illinois, in Chicago’s near-west suburbs.

Logistics Property Company closes on 74-acre industrial site in Joliet

Logistics Property Company, LLC closed on a 74-acre site at 23960 South Houbolt Road in Joliet, Illinois.

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