June 28, 2017

Berkadia secures $70M loan for luxury apartment building

Berkadia arranged $70.2 million in construction and permanent financing for the multifamily residential portion of the Wheeling Town Center, a mixed-use development in Wheeling. Paul Matusiak of Berkadia arranged the loan which closed on June 6. Berkadia secured the financing on behalf of the borrower, Illinois-based WTC Residential Development LLC. The first mortgage is both…
June 23, 2017

Marcus & Millichap: Apartment construction booming in Milwaukee

Junction at White Stone Station Apartment construction is surging across the Milwaukee market, according to the latest research from Marcus & Millichap. According to the company’s second quarter multifamily research, developers are expected to add 3,633 apartment units to the Milwaukee market during 2017. That is a significant increase from 2016, when 1,924 new apartment…
June 18, 2017

Amazon acquires Whole Foods Market for $13.7B

Amazon will acquire Whole Foods Market for $13.7 billion during a period where grocery stores are changing rapidly, according to a statement from Amazon on Friday. Whole Foods Market will continue to operate stores under the same brand and John Mackey will remain as CEO of Whole Foods and the headquarters for the company will stay in…
June 9, 2017

Jerry Goldner joins Coldwell Banker Commercial

Jerry Goldner has joined Coldwell Banker Commercial NRT as senior investment advisor, according a company announcement. Goldner has 37 years of real estate experience with sales in excess of $260 million. The vast majority of properties sold have been off-market confidential opportunities. He will be concentrating on mid-sized and institutional quality properties locally, nationally and…
May 31, 2017

JLL adds new leader for higher education sector

Ron Gregory was appointed to be the facilities management executive, according to an announcement from JLL on Wednesday. Gregory will lead JLL’s Integrated Facilities Management business for the higher education sector across the US. He will be based in the Chicago office and comes to JLL with more than 38 years of experience in facility…
May 27, 2017

Skender Construction hires new marketing VP

Todd Andrlik joined Skender Construction as vice president of marketing, the company announced Wednesday. He has nearly 20 years of construction and professional services marketing experience. He has a background in strategic planning, content marketing, digital marketing, branding and managing high-performing teams. Prior to Skender, Andrlik was vice president of marketing and public relations at…
May 22, 2017

Roca Tile signs lease in Elk Grove Village

Roca Tile USA has leased a 41,000-square-foot industrial space at 1330 Mark Street in Elk Grove Village, Cushman and Wakefield announced on Wednesday. The new location will serve as a showroom and warehousing operation, the firm said.
May 18, 2017

Opus Group completes HQ for MC Machinery Systems

The Opus Group completed a new 175,000-square-foot corporate headquarters for MC Machinery Systems in Elk Grove Village, the development company announced Wednesday. The two-story building accommodates the company’s growing workforce and changing business needs featuring 50,000-square-feet of office space, 75,000-square-feet of warehouse and storage space and 50,000-square-foot industrial machinery. MC Machinery Systems develops, sells and…