Monday, May 18, 2026
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IllinoisLeasing ActivityMidwestRetail

Dick’s House of Sport to Join Rock Run Collection in Joliet, Illinois

by Kristin Harlow

JOLIET, ILL. — Dick’s House of Sport is slated to open at Rock Run Collection, a mixed-use development in Joliet. The City of Joliet approved a strategic investment to support the retailer’s addition to the property. Dick’s House of Sport is an interactive, experience-driven concept designed to engage athletes, families and the broader community. The store offers a climbing wall, multiple golf bays and multi-sport cages that can be used for baseball, softball and soccer. Rock Run Collection, developed by Cullinan Properties, is a 300-acre mixed-use project located at the intersection of I-55 and I-80.

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DevelopmentIllinoisMidwestOffice

JPMorgan Chase Opens 34,000 SF Office Building in Winnetka, Illinois

by Kristin Harlow

WINNETKA, ILL. — JPMorgan Chase has opened its new three-story office building at the corner of Green Bay Road and Elm Street in Winnetka. Located at the site of the North Shore’s first-ever bank, the building houses J.P. Morgan Private Bank’s new North Shore office and Client Center. A new Chase retail branch anchors the ground floor. The development doubles the square footage of the former site to 34,000 square feet. Designed by Gensler, the project created 250 local jobs through construction, with 20 percent of the work awarded to local minority and women-owned businesses. With more than 14,500 employees, JPMorgan Chase is one of Chicagoland’s largest employers. The commercial history of the site dates to 1855 when a general store opened. In 1894, the North Shore’s first bank opened inside the store.

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AcquisitionsMichiganMidwestRetail

Boulder Group Arranges $3.8M Sale of Walgreens-Occupied Retail Property in Metro Detroit

by Kristin Harlow

ROCHESTER HILLS, MICH. — The Boulder Group has arranged the $3.8 million sale of a single-tenant retail property net leased to Walgreens in Rochester Hills. Located at 2985 Crooks Road, the 14,820-square-foot building was constructed in 2005. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the seller, an East Coast-based investor. The buyer was a West Coast-based investor. The Walgreens lease expires on July 31, 2035. The tenant has operated at the location since 2005.

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Market ReportsMidwestMidwest Market ReportsMixed-UseNebraska

How Is Music Helping Midwest Cities Find Their Rhythm?

by Kristin Harlow

By Leirion Gaylor Baird, Mayor of Lincoln, Nebraska All roads lead to Lincoln. Located midway between Chicago and Denver, our capital city has long served as a crossroads for touring legends, local artists and fans who pack historic music venues night after night. Our live music scene has grown organically in bars, theaters and alleyways, becoming a defining part of our civic DNA. Now, Lincoln is intentionally amplifying this authentic strength and sound. Through the creation of the Boehmer Street music district, the City of Lincoln, in partnership with the Downtown Lincoln Association and with support from the Nebraska Department of Economic Development, is investing in assets that define our unique cultural landscape. This effort advances a longstanding plan to designate a music district as a downtown catalyst.  Our vision is to convert underutilized downtown space into active, mixed-use momentum that grows economic opportunity, strengthens quality of life and brings renewed vitality to our urban core. Anchor culture, community The Boehmer Street music district links three major geographic anchors — the University of Nebraska–Lincoln campus, the State Capitol and our iconic main street — to form a walkable corridor. Longstanding, thriving music venues, including the Zoo Bar, The Bourbon Theatre, …

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DevelopmentMidwestMixed-UseOhioRetail

Cleveland Browns Break Ground on New Huntington Bank Field

by Kristin Harlow

CLEVELAND — The Haslam Sports Group, alongside a joint venture of AECOM Hunt and Turner Construction Co. and architect HKS, have broken ground on the new Huntington Bank Field, the future home of the Cleveland Browns starting in the 2029 season. The enclosed stadium and surrounding district marks northeast Ohio’s largest economic development project to date, according to the Browns. In addition to Browns games, the stadium can host events throughout the year such as NCAA Final Fours, international soccer matches and concerts for up to 75,000 people. Lincoln Property Co. will develop the mixed-use entertainment district. According to the Browns, the stadium’s revolutionary seating bowl design will bring fans closer to the field than any other NFL stadium. The transparent roof will be enhanced by a first-of-its-kind roofing system. AECOM Hunt and Turner are partnering with local contractors, including DiGeronimo Cos., Independence Excavating and Independence Construction. The project is scheduled to open in 2029 along with Phase I of the mixed-use development.   

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AcquisitionsIowaMidwest

TopSide Marinas Acquires Rathbun Lake Marina in Moravia, Iowa

by Kristin Harlow

MORAVIA, IOWA — TopSide Marinas has acquired Rathbun Lake Marina, a full-service marina and resort destination located on Rathbun Lake in Moravia, a city in southern Iowa. The acquisition marks the company’s entry into the Iowa market. The 160-acre leasehold property with the U.S. Army Corps of Engineers features 246 wet slips, boat rentals, four campgrounds with 144 campsites and a 12-room hotel. Louie’s Lakeside Bistro and Barbecue is an independently operated restaurant that is open onsite from April 15 through Oct. 15 and is accessible by boat, camper or car. Established in 2010, Rathbun Lake Marina offers amenities such as a soccer field, frisbee golf and other activities. TopSide Marinas plans to invest in several enhancements, including expanding capacity with an increased total slip count as well as adding roofs to uncovered docks and introducing a service department. To accommodate additional public boat launches, the boat rental operation and parking area will both be expanded.

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IllinoisIndustrialLeasing ActivityLee & AssociatesMidwest

Accredo Health Group Signs 40,873 SF Industrial Lease in Elgin, Illinois

by Kristin Harlow

ELGIN, ILL. — Accredo Health Group has signed a 40,873-square-foot industrial lease at 300 Airport Road within Fox River Business Center in Elgin. Kenneth Franzese, John Cassidy and Jeff Janda of Lee & Associates of Illinois represented the landlord, High Street Logistics Properties. Bob Tardy and Doug Pilcher of Cushman & Wakefield represented the tenant, which is a specialty pharmaceutical service provider. Fox River Business Center is a 176,799-square-foot industrial facility constructed in 2008. Current availability totals 29,806 square feet.

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AcquisitionsIllinoisMidwestRetail

Greenstone Partners Brokers $3.9M Sale of Retail Center in Skokie, Illinois

by Kristin Harlow

SKOKIE, ILL. — Greenstone Partners has brokered the $3.9 million sale of Gross Point Crossing, a 19,000-square-foot retail center in Skokie. Brewster Hague and AJ Patel of Greenstone represented the seller, a Chicago-based private investor, and procured the buyer, an Ohio-based private real estate investment firm. The value-add property was 67 percent occupied at the time of sale. Located at the signalized intersection of Gross Point Road and Dempster Street, the asset features a mix of food and service-oriented tenants.

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DevelopmentLoansMidwestMixed-UseOhio

Walker & Dunlop Arranges $55.2M in Construction Financing for Mall Redevelopment Near Cleveland

by Kristin Harlow

RICHMOND HEIGHTS, OHIO — Walker & Dunlop has arranged $55.2 million in construction financing for Phase I of Belle Oaks Marketplace, a mixed-use redevelopment project in Richmond Heights, a suburb of Cleveland. Ryan Parker led the Walker & Dunlop team that arranged the floating-rate loan. Genesis Capital provided the loan on behalf of the borrower, DealPoint Merrill. Plans call for 181 Class A multifamily units across two buildings as part of the first phase of a larger mixed-use, master-planned redevelopment. Upon completion, Belle Oaks Marketplace will transform the former Richmond Town Square Mall into a mixed-use community with 798 multifamily units, more than 120,000 square feet of retail space, a 159,000-square-foot grocery anchor and additional community amenities.

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DevelopmentIndianaMidwestOffice

Skender Completes Multiple Office Interior Construction Projects at Keystone Crossing in Indianapolis

by Kristin Harlow

INDIANAPOLIS — General contractor Skender has completed common area upgrades and four office build-outs at Keystone Crossing, a five-building, 1.1 million-square-foot office park in Indianapolis. The four tenant build-outs, totaling 57,000 square feet, and common area enhancements were completed on behalf of landlords Interamar and Typerion Holdings, which acquired the campus in late 2024 and are implementing a significant repositioning. At the 8888 Building, Skender completed a 15,000-square-foot gut remodel of the existing 16th floor and turned the space into a modern workplace for WestPoint Financial Group, a MassMutual firm. At the 9000 Building, Skender completed a 7,000-square-foot build-out for the Indiana Apartment Association. The workspace includes a new training room, breakroom and several private offices. At this building, Skender also converted two former ground-floor suites into a new amenity center with a café, fitness center, golf simulators and upgraded restrooms. At the 9100 Building, Skender completed the 21,000-square-foot national headquarters for Delta Tau Delta. The project included full demolition of the existing space and a renovation, including private offices, a breakroom and dedicated display areas showcasing the fraternity’s history and memorabilia. Skender also completed a 14,000-square-foot office build-out for accounting firm CliftonLarsonAllen. The workspace includes a café, training room …

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