commercial real estate news

North Chicago apartment portfolio sells for $1.5 million

Marcus & Millichap announced the sale of a three-building, 40-unit apartment portfolio located in North Chicago, Illinois, according to Steven D. Weinstock, regional manager of…

Goldie Initiative raises $425,000 to advance women leaders in CRE

The Goldie Initiative reports record breaking success after raising $425,000 dollars for their annual Goldie Gala held on September 13, 2018. Over 600 industry professionals…

Spec industrial project sells in Bartlett

NAI Hiffman announced the recent sale of 1411-1415 Brewster Creek Boulevard in Bartlett, Illinois. The 167,550 square-foot facility, located in northwest Cook County, is G4…

North Wells Capital names Tony Lindsay principal of asset management

Chicago-based North Wells Capital, the investment management affiliate of Urban Innovations Ltd., announced that Tony Lindsay has been named principal of asset management. Previously, Lindsay…

Avison Young negotiates 90k SF industrial lease near O’Hare

Avison Young recently negotiated an 89,901-square-foot industrial lease at 1845 Tonne Road in Elk Grove Village, Illinois, illustrating the continued demand for well-located buildings in…

Rauner on real estate: What’s needed in Illinois

While national politics may not always have an effect on local real estate, the Illinois state elections will certainly affect Chicago CRE. Last month, in…

Construction begins on Albany Park affordable housing project

Evergreen Real Estate Group, in partnership with the Chicago Housing Authority, announced the start of construction on Oso Apartments, a 48-unit affordable rental community at…

Michael Thomas joins Syska Hennessy’s mission critical practice

Syska Hennessy Group has appointed Michael Thomas, a well-known leader in business development for engineering and technology, as associate partner in its Chicago office. In…

Michael Thomas joins Syska Hennessy’s mission critical practice

Syska Hennessy Group has appointed Michael Thomas, a well-known leader in business development for engineering and technology, as associate partner in its Chicago office. In…

SIOR Chicago and Chicago CRE firms support Trunk Scholarship

The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) announced that the members of the SIOR Chicago Chapter have donated 22 Trunk…