NAPERVILLE, ILL. — Quantum Real Estate Advisors Inc. has brokered the $7.3 million sale of a 23,000-square-foot retail center in Naperville. Located at 175 W. Jackson St., the property consists of eight suites. The buyer was a Chicago-based family office, and the seller was a private family that had owned and managed the property for over 30 years. Brett Berlin of Quantum brokered the transaction. At the time of sale, the asset featured two vacancies.
NORTHBROOK, ILL. — The Harold E. Eisenberg Foundation will host its marquee annual networking and fundraising dinner on Thursday, Nov. 5, at the Hilton Chicago located at 720 S. Michigan Ave. The goal for the foundation’s signature event — which benefits gastrointestinal cancer research programs at the Robert H. Lurie Comprehensive Cancer Center within Northwestern Medical Center — is to raise more than $750,000 through sponsorships (see list of sponsors below), ticket sales and other program opportunities. Now in its 27th year, the annual dinner is expected to attract more than 700 professionals from the commercial real estate and related industries, the business community, as well as cancer medicine and research practitioners from the Chicago area, including the Lurie Cancer Center. The overarching goal of the foundation is to make a difference in the lives of those diagnosed with any one of nine gastrointestinal cancers and to increase the rate and length of survivorship. “As we celebrate and honor survivors and caregivers, we recognize the critical importance of cancer research and the role that individuals and the private sector play in today’s world,” says Peter Eisenberg, president of the board of directors of the Harold E. Eisenberg Foundation headquartered in …
MONONA, WIS. — Galway Cos. is under construction on The Greenline, a 357-unit luxury apartment community with 16,000 square feet of ground-floor commercial space in Monona, a suburb of Madison. The broader vision for the development includes a central park with a gathering place for farmers’ markets, food trucks, outdoor concerts, movie nights and community events. The city and the Monona Community Development Authority are partnering on the project. The project team includes McGann Construction Inc., Stevens Construction Corp., RG Huston, JLA Architects, Vierbicher and Dave Jones. Financing partners include Old National Bank, Johnson Financial Group and Bank CMG.
CHICAGO — Becovic Residential has acquired an historic property at 5154 N. Clark St. in Chicago for $20 million and has rebranded it as The Quarters at Andersonville. Built in 1923, the asset consists of 81 apartments and 10 ground-floor commercial spaces. The property had been held by its previous ownership for more than 40 years. The acquisition marks Becovic’s entry into the Andersonville neighborhood. Becovic plans to preserve the building’s historic character while making improvements to the residential experience. Becovic Management Group Inc. will provide property management services. Essex Realty Group brokered the transaction. Elizaeth Hozian of Associated Bank originated acquisition financing.
CLINTON TOWNSHIP, MICH. — Four new tenants are opening at The Mall at Partridge Creek this fall. The open-air regional shopping center is located in Macomb County and is home to more than 80 stores, restaurants and entertainment sites. Cherry Republic, a northern Michigan business that makes cherry products, is now open in a 6,277-square-foot store next to Pandora inside the mall’s main entrance. The Noble Duck Japanese Sushi & Steakhouse, a new local concept, will open this holiday season. Owned by Chef Omar Mitchell, the creator of Detroit’s Table No. 2 Restaurant, The Noble Duck will offer modern Japanese dining in a 4,831-square-foot space near Cooper’s Hawk and Powerhouse Gym at the east end of the mall. See’s Candies will open at the mall in November with a 1,499-square-foot location next to Express at the mall’s main entrance. Apparel and accessories retailer Aeropostale will open in late November. The 3,760-square-foot store will be located at the east end of the mall next to American Eagle.
GRAND RAPIDS, MICH. — Marcus & Millichap has brokered the $3.2 million sale of an automotive service property occupied by Christian Brothers Automotive in Grand Rapids. Built in 2021, the property totals 5,810 square feet. Jeff Rowlett and Paul Kerber of Marcus & Millichap procured the buyer, a private investor based in Illinois.
CLAYTON, MO. — KAI Build is leading construction on the $55 million transformation of the former 7UP headquarters in downtown Clayton into a residential development with 118 apartment units. Located at 121 S. Meramec Ave. near Shaw Park, the 11-story building served as 7UP’s world headquarters from the mid-1960s through the late 1970s. After 7UP relocated to Dallas, St. Louis County purchased the property in 1988 to house its World Trade Center. The building later remained vacant for more than a decade. A group led by Kansas City-based Revive Capital Development headed by developer Michael Knight purchased the property in September 2026 with plans to transform it into a residential development named The Upton. Architect Chris Cedergreen is working in collaboration with Kent Wagster of HDA Architects on the project, which will feature a mix of luxury studio, one- and two-bedroom units. Amenities will include a fitness center, clubroom, heated outdoor spa, entertainment and theater spaces, billiards, multiple fireplaces, a dog wash, private resident speakeasy, game room, outdoor kitchens, fire pits and a private dog park. Octagon Finance is partnering on the project, providing a $48.3 million unitranche construction loan, including historic tax credits. A groundbreaking ceremony is scheduled for …
SOUTHFIELD, MICH. — Newmark has negotiated a 157,642-square-foot office lease for AT&T at Travelers Tower II, a 13-story office building in Southfield. Daniel Canvasser and J.P. Champine of Newmark represented the landlord, Time Equities Inc., which completed extensive capital improvements. AJ Weiner and Dave MacDonald of JLL represented the tenant. Travelers Towers comprises two interconnected office buildings totaling 810,460 square feet. Tenants include Lucid Motors, R1, MetLife, Willis Towers Watson, RXO and S&P. Roughly 33,786 square feet remains available for lease.
CHICAGO AND BRIDGEVIEW, ILL. — Draper and Kramer Inc. has arranged two loans totaling $27.5 million. The transactions include a $13.5 million loan to finance the acquisition of a three-building industrial complex in Bridgeview, a southwest suburb of Chicago, and a $14 million bridge loan for a 56-unit multifamily property in Chicago’s Edgewater neighborhood. Dan Freedman and Chris Beck of Draper and Kramer’s Commercial Finance Group arranged the loans. The distribution center serves as the headquarters for Chicagoland Quad Cities Express. A joint venture between Curtis Ashton Partners and Burnham Industrial Partners was the borrower. A correspondent life insurance company provided the loan. The newly constructed multifamily property is located at 1101 W. Berwyn Ave. Draper and Kramer secured the bridge loan on behalf of the developer with a two-year initial term and an option to extend for an additional three years.
GRANDVILLE, MICH. — Eleven new tenants are joining RiverTown Crossings in Grandville. The leases total 33,208 square feet. Throw it Back Dirty Soda opened its first permanent storefront Aug. 15 on the lower level next to Vito’s Sports Shop. Opening Nov. 15, Sweet Kisses Bakery will be located on the second level near JC Penney. Coming this fall are Addiour Perfume, Summit Comics and Games, Katie’s Heart & Home, Ventrora Perfume, Kako Claw and Cell Repair Xpert. MooZoo Slime Shop has a grand opening scheduled for Thursday, Oct. 17. Opening in winter 2026 are JD Sports and Snack’d. RiverTown Crossings is an indoor shopping and entertainment destination in west Michigan.
