Chicago
Record Year: Illinois Reports $308M in Hotel Revenue
Illinois hotels pulled in a record amount of tax revenue for the state during the past 12 months. The positive… Read more
Walgreens to Close Hundreds of Stores
Walgreens expects to close 150 locations in the United States and 300 locations in the United Kingdom. The Deerfield-based pharmacy… Read more
Burlington Coat Takes Over Deerfield Bed Bath & Beyond Store
A Bed Bath & Beyond store located at 96 S. Waukegan Road in Deerfield, Illinois, will be converted into a Burlington… Read more
Joe Olin Joins Dayton Street Partners
Chicago-based Dayton Street Partners has hired Joe Olin as Director, Acquisitions. He joins the quickly growing logistics investor/developer and will… Read more
Interra Negotiates $7.5M Sale of MF South Side Portfolio
Interra Realty has negotiated the $7.5 million sale of a two-building multifamily portfolio on Chicago’s South Side, near the future… Read more
Centrum Evanston Apartments Sell for $45M
Developers John McLinden and Arthur Slaven have sold Centrum Evanston, a 101-unit building at 1590 Elmwood Avenue, to Chicago landlord… Read more
Chicago Leads Large Cities in Construction Cost Increases
Construction costs are rising faster in Chicago than they are in other big metropolitan areas, but slower than they were… Read more
Designing a Deal: Fulton Market Building for Sale for $9M
Longtime owner and custom furniture designer Morlen Sinoway is seeking $9 million for his 15,000-square-foot commercial property in Fulton Market.… Read more
Mid-America Facilitates Sale of 312K-SF Indiana Shopping Center
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Highland Grove in Highland, Indiana. The 312,406-square-foot property… Read more
Nominations Are Now Open for Connect CRE’s 2023 Women in Real Estate Awards
For the seventh consecutive year, Connect Commercial Real Estate will honor women whose talent, drive, leadership and fresh ideas have… Read more
17-Story River North Tower Slated for Sale
The River North office building where WeWork shut down a large space and that previously housed Google’s Chicago office is… Read more
Chicago-Based Potbelly Sandwich Shop Continues Expansion
A little more than two weeks after Chicago-based Potbelly Sandwich Shop revealed its first Central Florida location, an executive for… Read more
Midloch Raises $60M in Funds, Targets Another $75M
Midloch Investment Partners closed its second “value fund” (Midloch Value Fund II) to new investors after raising $60 million. This… Read more
Northmarq Facilitates Sale of Mission-Critical $8.65M Industrial Property
Senior Vice President and Managing Director BJ Feller and Senior Investment Analyst Josh Dicker, in Northmarq’s Chicago investment sales office,… Read more
Kiser Lists 264-Unit Forest Glen Apartments for $34M
Kiser Group has been selected to market for sale the Forest Glen Apartments at 1639 Forest Road, a three-story, 264-unit… Read more
Inland Closes Sale of 5-Acre Parcel in West Suburbs
Inland Real Estate Commercial Brokerage, Inc. completed the sale of a 5.6-acre parcel of land owned by the Roman Catholic… Read more
Seven Housing Specialists Join Partner Valuation Advisors
Partner Valuation Advisors, a Chicago-based national commercial real estate valuation advisory firm, has expanded its seniors housing team with the… Read more
Dan Smith Joins Brennan Investment Group as VP
Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial facilities, appointed Dan Smith as… Read more
Weekly People & Company News
Beginning this week, Connect CRE California will provide a roundup of hiring, promotion and company news from across the state… Read more