Berkadia has completed the sale of three senior living communities offering assisted living and memory care services in the Chicago and Milwaukee metropolitan areas. Berkadia Seniors Housing & Healthcare, led by Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and…
Standard Real Estate Investments and Trammell Crow Company (TCC), have closed on the sale of the Woodridge Industrial Center in Woodridge, Illinois. Standard made an equity investment through its $150 million investment vehicle last year, and construction was completed in…
Skender has completed construction on a 38,000-square-foot facility expansion for the Greater Chicago Food Depository. The new prepared meals center, located at 4100 W. Ann Lurie Place, was completed seven weeks ahead of schedule and has enabled the food bank…
Nassimi Realty has acquired Joffco Square, a retail center located at 555 West Roosevelt Road in Chicago’s South Loop, for $9.25 million. The 100,000-square-foot property, purchased at $92 per square foot, was previously acquired by the prior owner for $27…
The Pizzuti Companies, an Ohio-based developer, recently celebrated the grand opening of Coppia, the company’s first multifamily high-rise in Chicago. “Coppia’s location, architectural relevance, amenities and curated art program are among the many features that make this project stand out,”…
Interra Realty has brokered the sale of two separate, fully occupied multifamily properties in Chicago. An eight-unit apartment building at 5130 S. Greenwood Ave. in the Hyde Park neighborhood sold for $2.92 million, and a 17-unit rental community at 6251…
The Jelly Belly plant in North Chicago is set to close in October, with the parent company, Ferrara Candy, planning to move production to a different facility. The closure will impact 66 jobs, and the company aims to move these…
Legal Sea Foods, a New England-based dining brand, has unveiled a first look at its upcoming Chicago location at Marina City, 315 N. Dearborn Street. The new flagship location is slated to open its doors in July. “We’re transforming the…
The Metra board of directors approved a $33.4 million contract to rehabilitate and expand the 95th St./Chicago State University Station on the Metra Electric Line. The project will help improve the station’s accessibility and connection to the university. “We are…
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and…
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