Chicago
Doubling Down on Data in Elk Grove Village
One of the country’s largest data center operators is selling a majority stake in two Elk Grove Village, IL properties,… Read more
Leasing Gets Underway at Luxury Apartments in Lincolnwood
District 1860, a luxury apartment development in Lincolnwood, IL, has begun leasing. Located at 7215 District Ave., the project is… Read more
Peak Construction Breaks Ground on Joliet Build-to-Suit for IDI
IDI Logistics and Peak Construction Corporation recently held the a groundbreaking for a new warehouse facility in Joliet, IL in… Read more
Net-Leased Government Offices Change Hands in Crown Point
Marcus & Millichap closed the sale of a 34,704-square foot property located in Crown Point, IN and net-leased to the… Read more
Chicago Bears Plans for Arlington Heights Development are “at Risk”
Chicago Bears officials met with Naperville Mayor Scott Wehrli Friday morning to discuss the possibility of abandoning plans for a… Read more
Opus Group Launches Merrillville Spec Industrial
The Opus Group has begun construction on a speculative industrial building in Merrillville, IN. Located a mile from Interstate 65… Read more
Tucker Development, Wingspan Partner on Skokie Apartments
A joint venture between Tucker Development and Wingspan Development Group closed on the acquisition of 5400 Old Orchard Rd. in… Read more
Elgin Offices Trade with “Tremendous Upside” for New Ownership
Colliers’ Chicago-based Office Capital Markets Team of Alissa Adler and John Homsher, in partnership with Ten-X Commercial Real Estate auction… Read more
Logistics Property Co. Begins 665K-SF Development in Oak Forest
Logistics Property Company, LLC (LPC) has commenced construction on a new logistics center in Oak Forest, IL, 24 miles from… Read more
Schnucks Supermarket in Rockford Trades to California Investor
Quantum Real Estate Advisors brokered the sale of an 82,500-square-foot single-tenant NNN Schnucks grocery store located at 2642 Charles St.,… Read more
Walgreens Cutting 500 Corporate Jobs
Walgreens Boots Alliance Inc. said it will cut 504 employees from its corporate workforce as the drugstore chain moves more… Read more
Seefried Breaks Ground on Energy-Efficient Aurora Data Center
Seefried Industrial Properties, along with Endeavour’s Edged Energy division, joined City of Aurora officials and ComEd to kick off construction… Read more
MDH Reaches Full Occupancy at Bedford Park Industrial Complex
Atlanta-based MDH Partners reached lease-up of 7447 S Central Ave., a 118,218-square-foot industrial building in Bedford Park, IL, with a… Read more
Colliers Team Arranges Industrial Sale-Leaseback
Colliers’ Patrick Turner, Tom Rodeno and Joe Connor represented RT Group Logistics in the sale-leaseback of its 49,793-square-foot Industrial Service… Read more
Schwab Paper Products Renews Full-Building Romeoville Lease
Schwab Paper Products signed a five-year, 55,000-square-foot lease renewal at 636 Schwab Cir., an industrial building in Romeoville, IL, where… Read more
Core Industrial Realty Adds Partner/Broker
Core Industrial Realty, an Oak Brook, IL-based industrial brokerage firm founded in December 2022 by Noel S. Liston, has added Frank Damato IV as a partner /… Read more
Illinois Senate Advances Plan for Airport in Chicago’s South Suburbs
The Illinois State Senate voted 33-20 to approve a measure that would advance the long-discussed development of an airport in… Read more
Opus Group Launches Third Spec Build in North Aurora
The Opus Group began construction on the third and final building at Tollway Corporate Center, an industrial development in North… Read more
DRA Puts 18 Chicago-Area Shopping Centers on the Market
DRA Advisors has hired brokers at Mid-America Real Estate and Cushman & Wakefield to sell 18 shopping centers in Chicago… Read more