HILLSIDE AND FOREST PARK, ILL. — Lee & Associates of Illinois has negotiated two industrial leases totaling 131,417 square feet in the western suburbs of Chicago. Sean Austin of Lee & Associates represented Nuvomed Inc., a company that develops and sells affordable health and wellness products, in its lease of 54,087 square feet at 200 Fencl Lane in Hillside. Tom Rodeno and Patrick Turner of Colliers represented the owner, Clear Height Properties. Austin also represented Recyclops Inc., a recycling and sustainability company that provides curbside recycling pickup, in its lease of 77,330 square feet at 7750 Industrial Drive in Forest Park. The same Colliers duo represented the landlord, ML Realty Partners.
JLL, GA Group Broker $75M Sale-Leaseback of Family Dollar-Occupied Retail Portfolio Across 19 States
CHICAGO — Chicago-based JLL Capital Markets and GA Group Real Estate have brokered the $75 million sale-leaseback of a 46-property Family Dollar retail portfolio across 19 states. JLL’s net lease team and GA Group represented the seller, FD Retail Properties LLC. An institutional real estate investor was the buyer. According to JLL, the transaction demonstrates strong investor appetite for strategically located discount retail assets backed by established national operators, particularly when coupled with geographic diversification that mitigates single-market risk.
CHICAGO — The Missner Group, in partnership with Thackeray Partners, has completed a 180,000-square-foot industrial development at 4002 S. Princeton Ave. in Chicago’s Fuller Park neighborhood. Located within Chicago Stockyards Industrial Park, the project marks Missner’s third in the historic industrial district. The speculative facility can accommodate up to four tenants. Larry Goldwasser of CBRE is handling leasing.
CHICAGO — Marcus & Millichap has arranged the $6.6 million sale of a multifamily and retail property located at 935-937 W. Armitage Ave. in Chicago’s Lincoln Park neighborhood. The asset features eight multifamily units and a retail space occupied by Wintrust Bank. The multifamily component includes a mix of one-, two- and three-bedroom units across 9,745 rentable square feet. Kyle Stengle of Marcus & Millichap represented the seller, 935 W. Armitage (Chicago) LLC, and procured the buyer, 935 Armitage LLC.
CHICAGO — Owner AmTrustRE has secured six leases and expansions totaling nearly 95,000 square feet at One East Wacker, a 41-story office tower overlooking Chicago’s Riverwalk and River North. The transactions include three new tenants and three renewals spanning both office and retail floors. O’Hagan Meyer Law Firm has expanded its footprint to 46,192 square feet across the 32nd, 34th and 35th floors. John Goodman, Isabel Schwartz and Eric Feinberg of Savills represented the tenant. Shore Capital Partners, a private equity firm, has renewed and grown its presence to occupy 14,475 square feet on the 24th floor. Brad Serot of CBRE represented the tenant. Atwell, an engineering and construction consulting firm, will relocate within the building to a 7,813-square-foot space on the 19th floor. Janessa Biller and Sarah Silva of JLL represented the tenant. AmTrust North America Inc., a global property and liability insurer, has signed a full floorplate lease for 14,946 square feet on the 21st floor. The tenant was unrepresented in the lease. Ashling Partners LLC, a technology and professional services firm, has joined the tower, occupy 5,627 square feet on the 16th floor. Jeff Skender and Jack Tunnicliff of Cushman & Wakefield represented the tenant. Rounding out …
ROMEOVILLE, ILL. — Cawley Commercial Real Estate has brokered the sale of a newly constructed maintenance facility located at 1385 Joliet Road in Romeoville. Matt Garland of Cawley represented the buyer and seller and played a role in every state of the property’s evolution, from the original land sale through the disposition. Several years ago, Garland brokered the sale of the 4-acre parcel to KAB Properties. Upon completion of the development, KAB returned to Garland to market the asset for sale. Garland sourced the buyer, MW Express, a trailer repair and maintenance specialist that will use the facility to support its continued expansion in the Chicago market. Colleagues Andrew Maletich and Houston Brooke supported Garland throughout the transaction. Jandra Zitkevicius of Brick-by-Brick Realty provided additional representation for the seller. Completed in fourth-quarter 2025, the 27,500-square-foot property includes 19,950 square feet of warehouse space and 7,550 square feet of office space. It offers immediate access to I-55 and I-355.
ALGONQUIN, ILL. — Marcus & Millichap has negotiated the $5.6 million sale of a newly built retail property occupied by Chipotle and First Watch in Algonquin. The 6,150-square-foot asset is located at 1721 S. Randall Road within The Enclave mixed-use development. Austin Weisenbeck and Sean Sharko of Marcus & Millichap represented the seller, a developer. Darpan Patel and Dan Yozwiak of Marcus & Millichap procured the out-of-state buyer.
CHICAGO — Glenstar, in a joint venture with a high-net-worth private investor, has acquired 500 W. Monroe, a 966,924-square-foot office tower in Chicago with a 1,300-stall parking garage. The sales price for the all-cash purchase was not disclosed, but Crain’s Chicago Business reports that the asset traded for 76 percent less than it did prior to the COVID-19 pandemic. Glenstar will soon launch a hospitality-driven renovation at the property. Plans call for a full lobby transformation followed by additional common area upgrades and the introduction of new amenities. Glenstar plans to introduce Glenstar Connect, its signature app-based tenant engagement program, at the property in the coming months. Built in 1992, 500 W. Monroe rises 44 stories and is located steps from the Union and Ogilvie train stations. According to Glenstar, the property currently offers the largest contiguous block of space available in the West Loop at 572,000 square feet. With the acquisition, Glenstar also assumes the asset and property manager role and has tapped CBRE’s Jason Houze, Greg Tait and Aaron Schuster to oversee leasing.
BOLINGBROOK, ILL. — Cargowill, an e-commerce logistics company, has signed a 42,169-square-foot industrial lease at 1325 Remington Blvd. in Bolingbrook. Jeff Galante of Lee & Associates of Illinois represented the landlord, Pritzker Realty Group. Chris Nelson of Lee & Associates represented the tenant. Built in 2016, the 112,000-square-foot property features immediate access to I-55 via the Weber Road interchange.
FOREST PARK, ILL. — Greenstone Partners has negotiated the $8.4 million sale of Circle Plaza, a fully occupied, multi-tenant retail center in Forest Park. Brewster Hague and Connor Sheedy of Greenstone brokered the sale. Circle Plaza totals 18,486 square feet and is home to Dunkin’, Pep Boys, Bloc Dispensary, HEAL Wellness and Sploot Veterinary Care. Originally developed in 1984, the property has mostly maintained 100 percent occupancy throughout its history. Buyer and seller information was not provided.
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