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Illinois

Wheeling rental property sells off-market for $54 million

33 Realty's Sean Connelly represented Naperville, Illinois-based Marquette Companies in the off-market acquisition of Foxboro Apartments, a 402-unit complex located at 470 Foxboro Drive in…
January 14, 2020

The Cook County conundrum

A paradox of the local industrial market is that taxes and politics have made investors leery about acquiring assets in Cook County. At the same…
Matt Baker January 14, 2020

NAI Hiffman completes 145,000-SF industrial lease for CPG.IO in Addison

NAI Hiffman represented CPG.IO in a 144,614-square-foot lease at 1150 N. Swift Road in Addison, Illinois. Cushman & Wakefield represented Lincoln Property Company, which leases…
January 14, 2020
MidwestFinance

Draper & Kramer closes more than $100 million for three Midwest portfolios

Draper and Kramer, Incorporated's Commercial Finance Group closed more than $100 million in loans for three commercial real estate portfolios comprising about 3.7 million square…
January 14, 2020

Chicago: Coarse and strong and cunning

In Carl Sandburg's lauded poem of his hometown, he describes a city that—beneath a veneer of sweat and soot and vulgarity—thrums with vitality and swagger,…
Matt Baker January 13, 2020

McShane starts construction on affordable mixed-use development in Maywood

McShane Construction Company has begun construction on a new affordable housing development for Interfaith Housing Development Corporation. Designed by HED Architects, Fifth Avenue Apartments will…
January 13, 2020

JLL hires Raymond Hall as head of human resources for the Americas

JLL announced the appointment of Raymond Hall as the head of human resources for the Americas. In this role, Hall will lead JLL's HR team…
January 13, 2020

JLL closes sale of Westlake Plaza retail center in Wilmette

JLL closed the sale of Westlake Plaza, a 42,018-square-foot, neighborhood shopping center in Chicago's affluent Northshore community of Wilmette, Illinois. JLL represented the seller, Chicago-based…
January 13, 2020

Corporate Concepts elevates Catie Kill to director of market strategy

Corporate Concepts, an office environments company specializing in the sale and integration of high-performance furniture solutions, has created a new position, director of market strategy,…
January 13, 2020

Pangea Mortgage Capital welcomes Elliott Young

Elliott Young recently joined Pangea Mortgage Capital as director. He brings over 15 years of real estate experience in commercial real estate lending, mortgage banking…
January 13, 2020
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