wilmette

The Fed gives net lease market a boost as cap rates shift down

Asking cap rates in the single-tenant, net lease investment sector descended for the second consecutive quarter. This phenomenon—which retail, industrial and office property types all…

MidwestNet Lease

Net lease market rolling? Thank the Fed 

Net lease property investors are optimistic today. And part of the reason? You can credit the Federal Reserve.

MidwestNet Lease

Interest rate surprises and surging restaurants fuel net lease market

The quality of tenant and the length of the lease. That's what investors are looking for when sinking their dollars into net lease retail properties.

NKF arranges $50 million in financing for acquisition of Edens Plaza in Wilmette

Newmark Knight Frank (NKF) successfully arranged a $50,500,000 mortgage loan for the $71,900,00, off-market acquisition of the notable retail center, Edens Plaza, located in Wilmette,…

Newport Capital Partners acquires Edens Plaza retail center

Newport Capital Partners recently acquired Edens Plaza on behalf of Newport Capital Partners Fund II. The 183,000-square-foot retail center was purchased for $72,000,000 in an…

MidwestNet Lease

Big news for Net Lease Summit: More net lease properties hitting the market

Investors looking for net lease properties received a gift during the second quarter of this year: The number of these properties hitting the market soared.

Wilmette office property sells to Orren Pickell Building Group

NAI Hiffman represented Orren Pickell Building Group in their acquisition of an 18,150-square-foot office property located at 444 Skokie Boulevard in Wilmette, Illinois. This property…

RMK Management Corp. lands LEED Gold for North Shore multifamily

RMK Management announced that The Residences of Wilmette, a five-story, TOD rental community in downtown Wilmette, IL, was certified LEED Gold by the U.S. Green…

Mid-America Real Estate arranges sale of Wilmette’s historic Plaza Del Lago

Mid-America Real Estate Corporation's Investment Sales team recently brokered the sale of the historic Plaza Del Lago in Wilmette, IL. The acquisition of the 100,213…

Next Realty closes 15,000 square feet of lease transactions at Chicago-area retail centers

Northbrook, Ill.-based Next Realty recently completed 15,000 square feet of retail lease transactions at centers it owns and manages in Niles and Wilmette, Ill.