Midwest
ZOM Living Brings 357-Unit Apartment Property in Chicago to Sales Block
The Real Deal ZOM Living is offering for sale Union West, a 357-unit apartment property in Chicago. The Raleigh, N.C., developer hired CBRE to sell the 15-story property at 939 West Washington Blvd. Union Labor Life Insurance Co. in 2018...
Work Starts on 677,000-SF Industrial Property Near Chicago
REBusiness Online IDI Logistics has broken ground on a 677,000-square-foot industrial property within Rock Run Crossings Business Park, a mixed-use development in Joliet, Ill. The Atlanta developer is building the property on behalf of Ecolab at the intersection of interstates...
200-Unit Apartment Property Opens in Chicago
REBusiness Online A venture of Bayview USA and DAC Development has opened 8o8, a 200-unit apartment property in Chicago. Bayview, of Houston, and DAC, of Chicago, broke ground on the property, at 808 North Cleveland Ave., in 2021. The 23-story property...
Opus Group Breaks Ground on 289,000-SF Industrial Property in Merrillville, Ind.
Opus Group has broken ground on a 289,000-square-foot industrial property at 8700-8900 Mississippi St. in Merrillville, Ind. The Minnetonka, Minn., developer expects to complete the property in December. It is being built near Indiana's border with Illinois, about 40 miles...
Engineering Firm Leases 78,000 SF at Overland Park, Kan., Office Backing Troubled Debt
Kansas City Business Journal Black & Veatch, a global engineering firm, has agreed to lease 78,000 square feet of office space at the 3.27 million-square-foot Aspiria office campus in Overland Park, Kan. The property is owned by Occidental Management of...
Chicago-Area Industrial Property Sells for $55.5Mln
The Real Deal Bank of America's investment management arm has paid $55.5 million, or $85.38/sf, for the I-88 Gateway Logistics Center, a 650,000-square-foot industrial property in North Aurora, Ill. The Charlotte, N.C., company purchased the property from Realty Advisors, which...
664,453-SF Industrial Property Breaks Ground Near Chicago
Commercial Property Executive Logistics Property Co. has broken ground on Oak Forest Logistics Center, a 664,453-square-foot industrial property in Oak Forest, Ill. The Chicago developer is building the property at 16799 Cicero Ave., about 25 miles south of Chicago. It...
Food Packaging Company Leases 55,718 SF of Industrial Space in Suburban Chicago
Citybiz.co Better Earth has agreed to lease 55,718 square feet at the 118,218-sf industrial property at 7447 South Central Ave. in Bedford Park, Ill. The property was built in 1975 and is 15 miles southwest of Chicago. It is now...
Venture One Real Estate Acquires Chicago-Area Industrial Properties
Commercial Property Executive Venture One Real Estate has acquired two industrial buildings totaling 404,953 square feet in the Amhurst Lake Business Park in Waukegan, Ill. The Rosemont, Ill., company purchased the property as part of a sale-leaseback deal from Visual...
Marquette Opens 279-Unit Apartment Property in Chicago
REBusiness Online Marquette Cos. has opened the Lydian, a 279-unit apartment property in Chicago. The Naperville, Ill., developer built the property at 513 South Damen Ave. Associated Bank and Wheaton Bank & Trust provided $57.2 million of construction financing. The 22-story...
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