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Illinois

IllinoisRetail

Marcus & Millichap brokers sale of 11-suite retail property in Tinley Park

Marcus & Millichap negotiated the sale of 7301 183rd St., an 11-suite retail strip property in Tinley Park, Illinois. The property sold for $5.85 million.…
March 18, 2025
IllinoisIndustrial

Dermody acquires 40-acre site in Romeoville, will become home to 460,428-square-foot logistics facility

Dermody acquired 251 S. Pinnacle Drive in Romeoville, Illinois, in the I-55 south industrial submarket of Chicago. The 40-acre site will become LogistiCenter® at Romeoville, a…
March 18, 2025

A view from the top: 2025 market leaders forecast

Chicago’s industrial real estate market stands at a fascinating crossroads in 2025, defined by a paradox that presents both challenges and opportunities for developers and…
Brandi Smith March 18, 2025
IllinoisIndustrial

Brown Commercial Group brokers sale of 22,050-square-foot distribution building in Des Plaines

Brown Commercial Group negotiated the sale of a 22,050-square-foot food distribution building in Chicago’s O’Hare industrial market. Vice President Mason Hezner and Broker Candace Scurto…
March 17, 2025
IllinoisMissouriIndustrial

Contegra Construction building 933,656-square-foot distribution center in Pontoon Beach’s Gateway Tradeport

NorthPoint Development is adding a 933,656-square-foot distribution center to Gateway Tradeport in Pontoon Beach, Illinois, in the St. Louis metropolitan market.   Contegra Construction is building the facility and targeting…
March 17, 2025
IllinoisMultifamily

Eastham Capital closes $10 million disposition of 84-unit apartment community in Chicago Ridge

Eastham Capital facilitated the $10 million disposition of Ridgeland Station, an 84-unit apartment community in Chicago Ridge, Illinois. The property was acquired for the portfolio…
March 17, 2025
IllinoisIndustrial

Avison Young marketing crane facility in Aurora

Avison Young is bringing to market a multi-tenant manufacturing and crane facility in Aurora, Illinois, for sale. The 425,076-square-foot property at 225 S. Highland Ave.…
March 14, 2025
IllinoisCRE

Rosemont’s Lee & Associates adds SVP

Rosemont, Illinois-based Lee & Associates hired Dustin Albers, who has joined the firm’s Industrial Brokerage Service Group as a senior vice president. Albers entered the…
March 14, 2025
IllinoisCRE

Buffalo Grove’s PREMIER Design + Build Group adds EVP for Eastern region

Buffalo Grove, Illinois-based PREMIER Design + Build Group hired Executive Vice President Jason Hart, who will play a pivotal role in driving expansion and accelerating growth…
March 14, 2025
IllinoisFinanceRetail

Maverick Commercial Mortgage secures financing for retail property in Chicago’s Gold Coast neighborhood

Maverick Commercial Mortgage, Inc. secured financing for a three-tenant, 5,800-square-foot retail property in the Gold Coast, Chicago. The loan, provided by a national lender, is…
March 13, 2025
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