Tuesday, July 14, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Illinois

3030-n-broadway-chicago-il
IllinoisMidwestRetail

Leopardo Cos. Completes 265,000 SF Retail Development in Chicago

by Amy Works

CHICAGO — Leopardo Cos. has completed the construction of a 265,000-square-foot retail development located at 3030 N. Broadway in Chicago’s Lakeview neighborhood. A 71,000-square-foot Mariano’s Fresh Market anchors the five-story center. Additional tenants include XSport Fitness, Starbucks Coffee and PNC Bank. The center also features two levels of parking with 266 stalls and multiple sustainable features. The development team included Gene Porto, Timothy Barrett and Seymour Taxman and the architect was Antunovich Associates.

Continue Reading
FacebookTwitterLinkedinEmail
zurich-hq-schaumburg-il
IllinoisMidwestOffice

Goettsch Partners, Clayco Open 783,800 SF Zurich North American Headquarters in Suburban Chicago

by Amy Works

SCHAUMBURG, ILL. — Architect Goettsch Partners and developer Clayco have opened the new North American headquarters of Swiss-based Zurich Insurance Group. Located in Schaumburg, the 783,800-square-foot office building, a large build-to-suit project, will house nearly 3,000 employees and contractors. Designed with an emphasis on communication, collaboration and wellness, the building recently received LEED Platinum certification. Additional project members include JLL, CannonDesign, WSP/Halvorson and Partners, Hoerr Schaudt Landscape Architects and V3 Cos.

Continue Reading
FacebookTwitterLinkedinEmail
verandah-hanover-park-il
IllinoisMidwestMultifamilySeniors Housing

Kinzie Builders Selected as General Contractor for $40M Age-Restricted Community in Hanover Park, Illinois

by Amy Works

HANOVER PARK, ILL. — Kinzie Builders, a division of Kinzie Real Estate Group, has been retained by developer Aman Living LLC as general contractor for Verandah, a $40 million master-planned community with assisted living and memory care components in Hanover Park. Kinzie is expected to break ground on the age-restricted community ithis fall. Located on Irving Park Road, the community will include for-sale. two-story townhomes and single-level villas and condominiums to buyers age 55 and above. All home options offer independent living units, while the condominium building also includes assisted living studios. On-site community amenities will include a community room, fitness center and theater, community-wide walking paths and lush landscaping. The community is scheduled for completion in 2018, with pre-sales for the townhomes and condominiums beginning next year.

Continue Reading
FacebookTwitterLinkedinEmail
IllinoisMidwestRetail

Inland Private Capital Facilitates Sale of Freedom Commons Retail Center in Naperville, Illinois

by Amy Works

NAPERVILLE, ILL. — Inland Private Capital Corp., through its subsidiary that serves as asset manager, has facilitated the sale of Freedom Commons, located at 1703-1847 Freedom Drive in Naperville, for an undisclosed sum. The 81,760-square-foot retail center is occupied by a variety of tenants, including AthletiCo Physical Therapy, Maggiano’s Little Italy, Morton’s the Steakhouse and Old Town Pour House. The name of the buyer was not released.

Continue Reading
FacebookTwitterLinkedinEmail
1500-busch-pkwy-buffalo-grove-il
IllinoisIndustrialMidwestOffice

Darwin Realty Negotiates Sale of 53,289 SF Office/Industrial Building in Buffalo Grove, Illinois

by Amy Works

BUFFALO GROVE, ILL. — Darwin Realty has brokered the sale of a 53,289-square-foot office/industrial property located at 1500 Busch Parkway in Buffalo Grove. JJS Properties sold the property to Knipex Tools for an undisclosed price. The buyer, the North American sales and marketing organization for the German hand-tool manufacturer, plans to relocate its operations from Arlington Heights, Ill., to the facility. Dan Predergast and Adam Haefner of Darwin Realty represented the seller, while Brian Hellgeth of Brian Properties represented the buyer in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
xs-tennis-village-chicago
CivicIllinoisMidwestRetail

Summit Design + Build Starts Construction of 316,650 SF Athletic/Academic Facility in Chicago

by Amy Works

CHICAGO — Summit Design + Build, serving as general contractor, has broken ground on XS Tennis and Education Foundation’s XS Tennis Village, a state-of-the-art athletic and academic facility in Chicago’s Washington Park neighborhood. Situated on 14 acres at 510 S. State St., the 316,650-square-foot project will feature 110,000 square feet of indoor space, including 12 full-size tennis courts, four mini tennis courts, locker rooms, offices, players’ lounge and an 8,100-square-foot fitness center with a basketball court and sprinting lane. The complex’s 206,650 square feet of outdoor space will feature 15 full-size tennis courts (four clay and 11 hard surface), three stadium courts, two basketball courts and a 150-meter running track. Williams Architects is providing architectural services for the project.

Continue Reading
FacebookTwitterLinkedinEmail
555-willow-lane-west-dundee-il
IllinoisMidwestRetail

Realty Metrix Commercial Brokers Sale of 4,167 SF Car Wash in West Dundee, Illinois

by Amy Works

WEST DUNDEE, ILL. — Realty Metrix Commercial has arranged the sale of 1 Great Care Wash, located at 555 Willow Lane in West Dundee. LMK LLC sold the asset to Abraham Property Management LLC for an undisclosed price. The 4,167-square-foot, six-bay touchless car wash features two automatic and four service bays. The buyer plans to self manage the family-owned business. Dave Schmidt and Linda Kost of Realty Metrix Commercial represented the seller and buyer in the deal. Wells Fargo Bank provided financing for the acquisition.

Continue Reading
FacebookTwitterLinkedinEmail
ryan-companies-oak-brook-campus
HealthcareIllinoisMidwestOffice

Ryan Cos. Clearing Site for 11-Acre Office Complex in Metro Chicago

by Haisten Willis

OAK BROOK, ILL. — Ryan Cos. has begun demolition work on an 11-acre parcel in the eastern portion of Oak Brook to make way for a multi-building office/medical campus. Construction will begin in 2017. In February 2016, Ryan acquired the parcel adjacent to I-88/I-294 with frontage along the western side of York Road. Site demolition will be completed in two phases. In the first phase, the existing 203,000-square-foot industrial building will be demolished. Ryan will resume demolition of the foundations and parking lots in spring 2017 as part of new building construction. The company is also providing development, design-build and real estate management services. NAI Hiffman is the broker and marketing representative for the project, and Wright Heerema Architects is providing architectural services.

Continue Reading
FacebookTwitterLinkedinEmail
770-north-halstead-street-chicago
IllinoisLoansMidwestOffice

R2 Cos., York Capital Management Provide $23.8M for 770 N. Halsted St. in Chicago

by Haisten Willis

CHICAGO — R2 Cos. and York Capital Management have competed the $23.8 million recapitalization 770 N. Halsted St. in Chicago. The property consists of two eight-story office buildings in the River West neighborhood totaling 149,000 square feet. Major tenants include Radius, Inxpo and Northeastern Illinois University. R2 has completed a lease with Aire Ancient Baths, a spa with locations in Paris and New York, to open in 2017. The property is located on the border of the River West neighborhood and Goose Island, where R2 owns and operates 500,000 square feet of buildings and 12 acres of land.

Continue Reading
FacebookTwitterLinkedinEmail
IllinoisMidwestRetail

Jameson Commercial Arranges $3.6M Sale of Retail Property in Chicago

by Haisten Willis

CHICAGO — Chris Irwin, Adam Napp and Mark Jones of Jameson Commercial have arranged the sale of 1311 and 1317 W. North Ave. in Chicago. Both properties were part of the estate of James Bielarz, longtime owner of Nortown Automotive who passed away in December 2015. The combined purchase price for the two properties was $3.6 million or $156 per square foot. The property includes an 8,800-square-foot automotive repair building and an 8,862-square-foot building leased to Showtime Audio, an automotive sound system installer.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts