Since 2014, Birk has successfully completed transactions in excess of $138 million on behalf of his clients.

Ivy Realty plans to re-brand the portfolio and drive leasing velocity through extensive capital improvements and a new marketing campaign.

Brad Lebovitz, managing director at Silverpeak, says the acquisitions introduce Silverpeak to edge markets where the firm sees limited supply.

“The property's attractive location in the Kinzie Industrial Corridor, on-premise parking and proximity to public transportation and nearby expressways were all factors in our decision to buy,” says Michael Schack, principal of Dayton Street Partners.

Scott Martin's experience in the health care real estate niche will add depth to Avison Young's office leasing team and strengthen its multi-faceted service-line approach for clients, says the firm's David Fahey.

With the passing of one partner, Rubenstein determined that since cap rates for sales are attractive, and warehouse and logistical center property is in demand, it was a good time to sell, says Mandelbaum Salsburg attorney Owen Hughes.

This investment expands Admiral's presence in the region, which includes a significant investment as a co-founder of the Fitler Club, opening in Philadelphia in April 2019.

The former Marshall Field's warehouse was redeveloped into 123 loft-style apartments with original design features.