Market News

The former Sugar Mama’s bakery space at 115 W. Jefferson St., Suite 105, in Downtown Bloomington has been leased to Bayleaf & Butterscotch, a thoughtfully curated coffee shop and bakery concept known for high-quality beverages, fresh baked goods, and a warm neighborhood atmosphere.

Bank of Springfield (BOS) has acquired the former Talbots retail property at 1515 E. Empire St. in Bloomington in an off-market transaction.

Greg Yount of AXIS 360 Commercial Real
Estate Specialists represented Deneen Brothers Farms, LLC (Seller) in the $6.6M sale
of 37 acres of development land in Empire Business Park, Bloomington, Illinois to The
Carle Foundation.

Meghan O’Neal-Rogozinski, CCIM and Mike O’Neal of AXIS 360 Commercial Real Estate Specialists represented the buyer in the acquisition of the former Jo-Ann Fabrics building at 1719 E. Empire St. in Bloomington Commons, Bloomington, Illinois. The property is 21,828 sq.ft. and sold for $2.7 million.

1015 S. Mercer Avenue Medical Office Building Reaches Full Occupancy
with Gibson Area Hospital Lease Gibson Area Hospital to occupy remaining 13,000 SF in 30,000 SF.

X-Golf Springfield, IL is now welcoming guests at Southwest Plaza,
located at 3201 S. Veterans Parkway in Springfield, occupying 9,000 square feet. The venue
held a soft opening on Feb. 14, 2026, and regular operating hours will be announced soon.

19,600-SF multi-tenant office building changes hands in discreet, off-market transaction

Internationally renowned glass artist John Miller relocating studio, plans Route 66–inspired
museum in downtown Bloomington

AXIS 360 Commercial Real Estate Specialists announced today the sale of the historic commercial building located at 307 E. Grove in Bloomington, Illinois. Meghan O’Neal-Rogozinski, CCIM of AXIS 360 represented the Seller in the transaction.  The buyers, Marc Largent and Jerome Hranka, plan a significant renovation to transform the former auto-build

Bandana’s Bar-B-Q has officially relocated to a new home at 305 N. Veterans Parkway, Suite 107, Bloomington, IL, occupying the endcap space with a patio in the multi-tenant center shared with Men’s Wearhouse and Noodles & Company.