Normal

RMK Management Corp. to serve as property manager for two rental communities in central Illinois

RMK Management Corp. has been selected by Churchill Living as property manager for two rental communities in central Illinois effective March 1: Elm Point Apartments, a…

Marcus & Millichap closes sale of pair of retail centers in Normal

Marcus & Millichap brokered the sale of two neighborhood retail centers in the college town of Normal, Illinois. The assets sold for $2.475 million. Eric…

Draper and Kramer’s Commercial Finance Group arranges non-recourse student housing refinance and construction loan for The Park at Constitution Trail Centre in Normal

Draper and Kramer, Incorporated announced a team led by Senior Vice President Matthew Wurtzebach of Draper and Kramer’s Commercial Finance Group (CFG) has arranged a $14.875 million non-recourse…

Phoenix Investors announces completion of multi-phase redevelopment in Normal

An affiliate of Phoenix Investors (Phoenix) announced the completion of a 1,000,000-square-foot multi-phase redevelopment effort in North Normal Industrial Park in Normal, Illinois. A ribbon-cutting…

Phoenix Investors announces phase two of North Normal Industrial Park in Normal, IL

An affiliate of Milwaukee-based Phoenix Investors will build phase two of the North Normal Industrial Park. The project consists of a 500,000-square-foot addition on approximately…

Two student housing apartment buildings in Normal, IL sell for $2.5 million

Marcus & Millichap brokered the sale of Kingsley Commons and The Franklins, a 56-unit apartment property located in Normal, Illinois, according to Steven D. Weinstock,…

Sentinel Net Lease acquires two Schnucks Fresh Foods grocery stores in Illinois

Sentinel Net Lease has acquired two Schnucks Fresh Food grocery stores in Illinois for $18.3 million. With the addition of these properties and three more…

Marcus & Millichap arranges sale of 16-unit apartment building in Normal, IL

Marcus & Millichap brokered the sale of The Stilts, a 16-unit apartment property located in Normal, Illinois, according to Steven D. Weinstock, regional manager and…

The Boulder Group facilitates sale of ground lease Portillo’s property

The Boulder Group, a Wilmette, Illinois-based net leased investment brokerage firm, has completed the sale of a single-tenant, ground-leased Portillo's property located at 202 Landmark…

Apartment property near ISU sells for $6.8 million

Marcus & Millichap completed the sale of Lincoln Park Townhomes, a 39-unit apartment property located in Normal, Illinois, according to Steven D. Weinstock, regional manager…