Pierpont Ventures launches in Central Illinois
Real estate executive Sean Garrett announced the founding of Pierpont Ventures in Peoria, Illinois. Pierpont is a real estate and alternative asset investment company with…
Peoria
Avison Young closes sale of 98K-SF medical office property
Avison Young negotiated the sale of a 98,000-square-foot, fully leased, Class A medical office building in Peoria, Illinois. Remedy Medical Properties acquired the asset for…
New businesses open their doors in Streets of St. Charles near St. Louis
The Streets of St. Charles mixed-use development in Peoria, Illinois, recently welcomed two new tenants, Narwhal's Crafted and YogaSix, celebrating their grand-openings this month. St.…
Peoria retail property sells for $1.8 million
Marcus & Millichap closed the sale of Knoxville Plaza, a 29,984-square foot retail property located in Peoria, Illinois, according to Steven D. Weinstock, regional manager…
Metrogroup provides acquisition financing for triple-net lease properties
MetroGroup Realty Finance, a private commercial mortgage banking firm based in Newport Beach, California, recently provided a total of $9.2 million in financing to private…
Illinois Green Alliance announces winners at 14th annual Emerald Awards
Illinois Green Alliance, the local affiliate of the USGBC, announced the winners of the 14th annual Emerald Awards for 2019. Each year, the annual Emerald Awards…
Cullinan Properties’ Streets of St. Charles adds more new tenants
Cullinan Properties recently welcomed new tenants to the Streets of St. Charles mixed-use development in Peoria, Illinois, in the St. Louis market. Cherry Blow Dry…
MMCC arranges $13.7M nonrecourse shopping center acquisition loan
Marcus & Millichap Capital Corp. (MMCC), a provider of commercial real estate financing and capital markets expertise, has arranged a $13.69 million nonrecourse loan to…
Multifamily still strong: Monthly apartment rents hit a new high in July
Commercial real estate professionals are wondering when the multifamily market will slow. But the latest research from RENTCafe shows that as of the middle of…
Avison Young tapped for 97k SF medical building in Peoria Medical District
Avison Young has been awarded the exclusive sale listing for the Illinois Medical Center, a 97,997-square-foot, fully-leased building located at 1001 Main Street in Peoria,…