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News

NAI Hiffman brokers 100,000-square-foot industrial complex in Bensenville

NAI Hiffman has closed the sale of a 100,000-square-foot industrial complex at 516-554 N. York Road in Bensenville, Illinois.
Staff Writer March 26, 2017

Dermody Properties donates $2,500 to Needy Family Fund in Chicago

The executive management team of Dermody Properties recently announced the recipients of the company’s annual Dermody Properties Thanksgiving Capstone Award. In the greater Chicago area,…
Staff Writer March 26, 2017
MinnesotaMultifamily

Marcus & Millichap sells apartment property in Minneapolis for $1.3 million

Marcus & Millichap has sold 860 10th Avenue SE, a nine-unit apartment property in Minneapolis for $1.3 million.
Staff Writer March 26, 2017
OhioMultifamily

Apartment rents rising, vacancies falling in Columbus

The economy in Columbus, Ohio, continues to improve, with unemployment falling. This is bringing more residents to the city, especially its downtown urban areas.
Dan Rafter March 26, 2017

NAI Hiffman helps developer buy 13 parcels of land in Chicago suburb

Dan Hiffman with NAI Hiffman's retail services group represented Bluestone Single Tenant Properties in assembling and buying 13 parcels of land totaling four acres in…
Staff Writer March 26, 2017
S DakotaCRE

Mortenson hires development manager in Minneapolis office

Brent Webb has joined Mortenson as development manager in the company's Minneapolis office.
Staff Writer March 26, 2017
WisconsinIndustrial

Who are the super tenants? Amazon and FedEx, of course

How important has Amazon been to Midwest commercial real estate? The latest capital markets report from Avison Young identifies Amazon as one of the country's…
Dan Rafter March 26, 2017
MinnesotaCRE

Kraus-Anderson EVP named Business Person of the Year by Minnesota chamber

The Burnsville, Minneapolis, Chamber of Commerce has named Dennis Diessner its 2016 Business Person of the Year. Diessner is the executive vice president and chief…
Staff Writer March 26, 2017

Maverick Commercial Mortgage closes $1.8 million for auto dealership in Chicago suburbs

Benjamin Kadish, president of Maverick Commercial Mortgage, closed a $1.8 million first mortgage loan on a 16,300-square-foot Mazda auto dealership in Lake Villa, Illinois.
Staff Writer March 26, 2017

Dougherty Mortgage closes $3.8 million loan for acquisition of 96-unit apartment community in Iowa

Dougherty Mortgage LLC recently closed a $3.8 million Fannie Mae loan for the acquisition of Castlewood Apartments, a 96-unit multifamily affordable housing property in Davenport,…
Staff Writer March 26, 2017
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