Newly constructed property sells in north DuPage market
Lee & Associates closed on the sale of a brand new, 207,575-square-foot industrial building located at 1560 W. Stearns Road in Bartlett, Illinois. This property…
Newmark
Detroit numbers are stark: Office market still struggling as work-from-home continues
The numbers are grim: The Detroit office market recorded nearly 780,000 square feet in net vacancies in 2020. That's a level not seen here in…
Newmark negotiates sale of 21-property manufactured home portfolio in five states
Newmark closed the sale of the Midwest MHC Portfolio, a 21-property, 2,789-site manufactured home community portfolio in Illinois, Indiana, Kentucky, Nebraska and Wisconsin. The $100…
Newmark’s good news: Despite turmoil, Cleveland industrial market enjoys record-setting quarter
Despite the turmoil caused by the COVID-19 pandemic, Cleveland's industrial market posted its lowest ever vacancy rate in the fourth quarter of 2020.
Chicago Chapter of SIOR appoints 2021 executive board officers
The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) recently named its new executive board officers for the year 2021. Adam Marshall,…
Newmark closes 388,000 square feet of transactions with plastics maker in Wisconsin
Newmark has closed 388,940 square feet of real estate transactions with Teel Plastics, LLC in Baraboo, Wisconsin. These deals include the company’s new 180,000-square-foot lease…
Newmark closes $79 million in FHA financing for multifamily properties in Knoxville area
Newmark has completed $79 million in FHA financing for multiple multifamily assets in the Knoxville, Tennessee, MSA–including Kingston Pike Village–in the fourth quarter of 2020.…
Newmark closes $90 million sale of student-housing projects in Indianapolis, Lexington
Newmark closed the sales of The Avenue and The Lex, two mid-rise student housing assets consisting of 1,007 beds located in Indianapolis, Indiana, and Lexington,…
Commercial Real Estate Hall of Fame: Newmark’s Steve Levitas
Each year, Midwest Real Estate News inducts a new class into its Midwest Commercial Real Estate Hall of Fame. Today we look at the busy…
Newmark closes sale-leaseback and expansion of distribution facility in Michigan
Newmark announces the sale-leaseback and build-to-suit expansion of a free-standing manufacturing and distribution facility at 201 Glocheski Drive in Manistee, Michigan. Situated on about nine…