Monday, February 2, 2026
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Midwest

IndianaIndustrialLeasing ActivityMidwest

Mazzella Lifting Technologies Signs 51,318 SF Industrial Lease in East Chicago, Indiana

by Kristin Harlow

EAST CHICAGO, IND. — Mazzella Lifting Technologies Inc. has signed a 51,318-square-foot industrial lease at 4400 Homerlee Ave. in East Chicago. Ed Wabick and Marc Hale of DarwinPW Realty/CORFAC International represented ownership, The Missner Group and RealTerm Logistics. The tenant, a manufacturer and supplier of industrial lifting products, is relocating from Romeoville to a newly constructed building that offers tax savings in Indiana, according to DarwinPW. Completed in 2022, the 249,600-square-foot property features a clear height of 32 feet, 20 exterior docks, 35 trailer parking stalls and 286 car parking spots. National Lease Advisors Inc. represented Mazzella in the lease.

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KansasLeasing ActivityMidwestRetail

Curry Real Estate Services Completes Lease-up of Windmill Square Shopping Center in Overland Park, Kansas

by Kristin Harlow

OVERLAND PARK, KAN. — Curry Real Estate Services has completed the lease-up of Windmill Square shopping center in Overland Park. The newest tenants, Gather Home + Estate and 200Main Vintage, opened in mid-September. The vintage furniture and décor businesses came together as two like-minded operators to collaborate and share the responsibility of a showroom space for their respective collections. Curry completed exterior renovations to the nearly 50,000-square-foot Windmill Square this year. It was built in 1974.

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IllinoisLeasing ActivityMidwestOffice

Advocate Commercial Real Estate Advisors Relocates Chicago Headquarters to West Loop

by Kristin Harlow

CHICAGO — Advocate Commercial Real Estate Advisors has relocated its Chicago headquarters to 145 S. Wells in the West Loop. The commercial real estate firm will occupy 5,980 square feet on the 14th floor. Moceri + Roszak designed, developed and owns the 20-story building, which totals 210,318 square feet of rentable office space. Amenities include a penthouse amenity lounge with pool, ping-pong and foosball tables, a café and cocktail bar, golf simulator, outdoor deck, conference center and fitness center. Mark Bâby and Matt Lerner of Stream Realty Partners represented the landlord.

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AcquisitionsIllinoisMidwestRestaurantRetail

SVN Chicago Commercial Brokers $1M Sale of Commercial Building in Chicago’s Edgewater Neighborhood

by Kristin Harlow

CHICAGO — SVN Chicago Commercial has brokered the $1 million sale of a 5,000-square-foot commercial building along with the business sale of the ground-floor restaurant space at 5352 N. Broadway in Chicago’s Edgewater neighborhood. A local restaurant buyer purchased the building, which sits directly across the street from the CTA’s $2 billion Red/Purple Line modernization, which is set for completion in late 2024. Marcus Sullivan and Tim Rasmussen of SVN represented the undisclosed seller. The restaurant space was formerly home to Pearl’s.

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DevelopmentIllinoisMidwestMultifamily

Tandem Partners Opens 196-Unit Sage West Loop Luxury Apartment Tower in Chicago

by Kristin Harlow

CHICAGO — Tandem Partners has opened Sage West Loop, a 196-unit luxury apartment tower rising 18 stories in Chicago’s West Loop. KTGY served as the architect for the project, which features amenities such as coworking spaces, a fitness center, game room and outdoor terrace. Units come in studios, one- and two-bedroom layouts and range from 439 to 1,073 square feet. There is also 1,806 square feet of retail space and 70 parking spaces. Residents can now earn up to two months of free rent on select units, according to the property’s website. Monthly rents start at $1,595.

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DevelopmentHealthcareMidwestMissouri

McCarthy to Build 14-Story Facility for SSM Health’s Cardinal Glennon Children’s Hospital in St. Louis

by Kristin Harlow

ST. LOUIS — McCarthy Building Cos. Inc. will build a new 14-story facility with more than 200 inpatient beds for SSM Health’s Cardinal Glennon Children’s Hospital in St. Louis. The design-build team includes architecture and design firm HKS as well as St. Louis-based planning and design firm Lawrence Group. According to McCarthy, the new pediatric academic hospital will incorporate the latest best practices in patient and family-centered design, including large areas to accommodate families. It will also support expanded and enhanced services, including NICU, ICU, cancer, cardiology and dialysis care in a therapeutic healing environment that integrates the latest technology and research. Scheduled for completion in 2027, the new hospital will be located at Chouteau Avenue and Grand Boulevard in the city’s Midtown area. First opened in 1956, SSM Health Cardinal Glennon Children’s Hospital was the nation’s first freestanding, nonprofit Catholic children’s hospital.

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AcquisitionsIndianaMidwestMultifamily

CBRE Brokers Sale of 208-Unit Princeton Lakes Apartment Community in Suburban Indianapolis

by Kristin Harlow

NOBLESVILLE, IND. — CBRE has brokered the sale of Princeton Lakes, a 208-unit apartment community in the Indianapolis suburb of Noblesville. Completed in 2005, the property at 17955 Murray Place features a range of one, two- and three-bedroom floor plans averaging 1,021 square feet. Amenities include a pool, picnic area, clubhouse, playground and walking trails. Steve LaMotte Jr., Dane Wilson and Ross Wettersten of CBRE represented the seller, Pedcor Cos. A local private investor purchased the property for an undisclosed price.

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AcquisitionsIllinoisIndustrialMidwest

Kingsbarn Realty Capital Acquires 61,888 SF Industrial Facility in Elgin, Illinois

by Kristin Harlow

ELGIN, ILL. — Kingsbarn Realty Capital has acquired a 61,888-square-foot industrial facility in Elgin that serves as the headquarters of GoldCoast Logistics. Located at 1425 Madeline Lane, the build-to-suit property was completed in 2022. GoldCoast Logistics has now entered into a 20-year triple net lease with Kingsbarn with rental increases of 2.5 percent per year. The building features a clear height of 30 feet, 12 dock-high overhead doors and four drive-in doors. GoldCoast has a fleet of more than 1,500 trucks and trailers, has more than 1,200 employees and handles over 70,000 shipments each year.

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DevelopmentIndustrialMidwestMissouri

Keystone Construction Breaks Ground on $5M Headquarters for SourceOne Solutions in O’Fallon, Missouri

by Kristin Harlow

O’FALLON, MO. — Keystone Construction Co. has broken ground on the new $5 million headquarters for commercial lighting solutions company SourceOne Solutions LLC in the St. Louis suburb of O’Fallon. The 37,500-square-foot building, which is being constructed on a 6.4-acre site at 6800 Keaton Corporate Parkway, is slated for completion in fall 2024. Gray Design Group is the architect, and Knapp Engineering and Civil & Environmental Consultants are the engineers. In addition to warehousing and manufacturing space, the facility will feature 6,500 square feet of office space with a covered entry and patio, executive offices, training and conference rooms, open workstations and a café. The project is designed for expansion in the future.

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DevelopmentIllinoisLoansMidwestOfficeTop Stories

Fulton Street Cos. Receives $233M Financing for 919 West Fulton Office Project in Chicago

by Jeff Shaw

CHICAGO — Development firm Fulton Street Cos. (FSC) has received $233 million for the financing of its 919 West Fulton office project in the Fulton Market neighborhood of downtown Chicago. Led by Shanna Khan, SNK Capital has signed on to serve as the lead equity investment partner on the project. Bank OZK and Manulife Investment Management are also providing capital.  A groundbreaking ceremony is scheduled for today. Upon completion in 2025, the 11-story building will total 360,000 square feet. FSC and JDL Development will develop the property, which will feature factory-style facades, architectural masonry and large outdoor terraces on each floor. Amenities at the building will include a conference center, 24-hour health club and a tenant lounge. The ground floor will offer 40,000 square feet of retail space. Khan, who has a background in mixed-use real estate development, interior design, manufacturing, leisure and hospitality, will act as lead designer on the project.  “Her creativity and vision embody the essence and unique qualities of the very unique neighborhood,” says Alex Najem, founder and chief executive officer of FSC. He adds that the “goal is to retain the character of the neighborhood while introducing a property that attracts those tenants who want …

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