Marcus & Millichap closes sale of 12-suite retail property in Urbana
Marcus & Millichap facilitated the sale of Gateway Shoppes at Five Points, a 12-suite retail strip property in Urbana, Illinois, for $3.375 million. Marcus &…
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JLL Capital Markets brokers sale of 181-unit student housing community in Urbana
JLL Capital Markets facilitated the sale and financing of Campus Circle, a 181-unit, 524-bed student housing community in Urbana, Illinois. JLL represented the seller, an affiliate…
Berkadia negotiates sale of 662-unit apartment property in Urbana
Berkadia brokered the sale of Town & Country, a 662-unit, garden-style multifamily property in Urbana, Illinois. Managing Director Ralph DePasquale of Berkadia Chicago led the…
CBRE selling 22-building former university campus in Ohio
CBRE is bringing the former Urbana University campus to market in Urbana, Ohio. The campus, originally built in 1850, sits on 115 acres and is…
Making the grade: Student housing finds a way to endure the pandemic
College enrollment generally skyrockets in diametric opposition to tumbling GDP, meaning student housing is, in theory, a recession-proof asset class. There have been different factors…
Looking for a big box industrial investment? Here are three downstate options.
Despite this record-long bull market showing signs of strain, there is plenty of capital eagerly hunting large distribution centers that can service the e-commerce industry.…
IPA closes sale of 243-bed nursing home in Urbana
Institutional Property Advisors, a division of Marcus & Millichap, closed the sale of the Champaign County Nursing Home, a 243-bed skilled nursing facility in Urbana,…
IPA brokers Champaign County nursing home sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Champaign County Nursing Home, a 243-bed skilled nursing facility in…
Gilbane Development Company to construct new housing at U of I
Gilbane Development Company announced the development of a new student housing community, Octave, at the University of Illinois Urbana-Champaign. Scheduled for fall 2019 occupancy, the…
Landmark Properties expands into Illinois with student housing construction
Athens, Georgia-based student housing developer Landmark Properties recently started construction on 11 new student housing communities, including one at the University of Illinois. The cottage-style…