Chicago
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
Waterton Hires SVP Investor Relations
National real estate investor and operator Waterton hired Matt Porath as an SVP of investor relations. Based out of Cleveland,… 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
Newcastle Names Managing Director, Asset Management
Newcastle Limited promoted Gunner Schnowske to managing director, asset management. Since joining the firm as an associate in 2007, Schnowske… Read more
Out-of-State Investor Nabs Multifamily in Andersonville, West Loop
Interra Realty brokered two multifamily sales in Chicago to the same out-of-state buyer. In the West Loop, it brokered the… Read more
Construction Firm Inks Des Plaines Office Lease
Lee & Associates negotiated a new 12,925-square-foot, long-term office lease to Granite Construction at O’Hare Offices, 1011 E. Touhy Ave.… Read more
Newly Opened St. Regis Chicago Trades to JV
A joint venture between Gencom and GD Holdings has acquired the newly opened, 192-key St. Regis Chicago, which occupies the… Read more
Trends in Multifamily Operations and Development: Q&A with AMLI’s Gregory Mutz
Economic fundamentals and tenant preferences continue to drive change in the multifamily sector. The upcoming “Connect Midwest: Multifamily & Adaptive… Read more
Ryan Promotes Eric Nordeen to President, Great Lakes Region
Ryan Companies US, Inc. has promoted Eric Nordeen to president of the Great Lakes region, succeeding Jim McDonald, who is… Read more
Single-Tenant Industrial Finds New Owner in Chicago’s Southwest Suburbs
Marcus & Millichap closed the sale of a 39,816-square-foot, single-tenant industrial property located in Mokena, IL, a southwest suburb of… Read more
Vornado Unveils Latest Upgrades at The MART
Vornado Realty Trust on Monday unveiled a new suite of tenant amenities, plus food and beverage retailers at its The… Read more
EQ Office Names SVP, Social Impact and Sustainability
EQ Office has appointed Samantha Sims as SVP, social impact and sustainability, effective immediately. Based in New York and reporting to… Read more
Marcus & Millichap Closes Pawn Shop Sale to Houston Buyer
Marcus & Millichap arranged the sale of EZPAWN, located on Chicago’s Northwest Side. The purchase price wasn’t disclosed. Nicholas Kanich,… Read more
City Seeks Redevelopment for Long-Vacant Pilsen Site
A six-acre site in Chicago’s Pilsen neighborhood could finally get redeveloped after 10 years sitting vacant if the Chicago Plan… Read more
Optima Launches Leasing Gallery at North Shore Luxury Rentals
Optima, Inc. has opened its on-site leasing gallery at Optima Verdana, the company’s latest luxury rental community located in downtown… Read more
Groupon Terminates River North Headquarters Lease Two Years Early
Groupon is ending its lease for its River North headquarters two years early as it risks running out of cash, reported Crain’s… Read more
MBA Forecasts 20% Drop in CRE Loan Volume for 2023
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $654 billion this year, a 20% decline… Read more
Molson Coors Comes to BMO Tower with 84K-SF Lease
Riverside Investment and Development and partner Convexity Properties signed Molson Coors Beverage Company to a long-term, 83,848-square-foot lease at 320… Read more
Kiser Group Lists 151-Unit Portfolio in Uptown
Kiser Group has listed Ravenswood Gardens, a portfolio comprising 151 apartment units across seven closely situated buildings in Chicago’s Uptown neighborhood.… Read more