Chicago
EQT Exeter Picks Up Single-Tenant Distribution Center in SE Wisconsin
Colliers’ Jeff Devine and Steve Disse represented Janko Group, a 30-year-old real estate company that invest opportunistically across multiple product… Read more
Condo Deconversions in the South Loop, Lakeview Test the Investment Sales Market
A pair of developers that turned big condominium buildings into apartments over the past several years have put them up… Read more
TradeLane Buys 5-Building San Antonio Industrial Portfolio
TradeLane Properties, a privately held Industrial real estate investment company, has closed on a five-building light industrial portfolio totaling 631,000… Read more
Savanna Inks New Lease with Janet Mandell in Flatiron District
Janet Mandell, a luxury fashion rental company, has signed a new lease at 24 West 25th Street in the Manhattan’s… Read more
Flight to Quality Drives Down Vacancies in Trophy Downtown Chicago Offices
Avison Young’s First Quarter 2023 Office Market Report for downtown Chicago shows that vacancy in trophy buildings has decreased to 7.5% as… Read more
Skender Completes 81K-SF Headquarters Buildout for Avant
Skender recently completed construction on the new 81,000-square-foot Avant headquarters in The Mart. The financial technology company’s office features open workstations,… Read more
Washington Park Land Sale Will Support Housing for Student Athletes
Twenty-three housing units for student athletes will be constructed in Chicago’s Washington Park neighborhood through a city-owned land sale approved… Read more
A&C Snaps Up Lakeview Multifamily for $55M
An affiliate of Sonoma, CA-based A&C Ventures paid just under $55 million to acquire Lakeview 3200, a seven-story building at 3200 N.… Read more
Marcus & Millichap Closes Sale of Chicago Heights Portfolio
Marcus & Millichap arranged the sale of an 18-unit apartment building portfolio located in Chicago Heights, IL. The asset sold for $1,265,000. Eric Bell, executive… Read more
Cicero Apartments Find Buyer a Week After Listing
Monarch Realty Partners, a Chicago-based multifamily brokerage firm, has negotiated the $2.375-million sale of a 38-unit apartment building in Cicero,… Read more
Cushman & Wakefield Hires Noelle Perkins as General Counsel and Corporate Secretary
Cushman & Wakefield has appointed Noelle Perkins as EVP, general counsel & corporate secretary, effective July 1. She will be… Read more
One Two Pru Earns WiredScore Platinum Certification for Connectivity
Wanxiang America Real Estate Group said that One Two Pru, its 2.3-million-square-foot, two-tower office and retail complex in Chicago’s Loop, has achieved WiredScore Platinum Certification, the… Read more
Furniture Retailer Backfills Former Bed Bath & Beyond Space in Schaumburg
CBRE arranged a 70,737-square-foot retail anchor lease at 915 E Golf Rd in Schaumburg, IL. Steinhafels, a Milwaukee-based furniture and… Read more
Florida Investor Scores Deal for Franklin Park Warehouse
Marcus & Millichap closed the sale of 9900 Franklin Ave., a 85,800-square foot industrial property located in Franklin Park, IL. The sale price wasn’t disclosed.… Read more
Origin Investments Affiliate Launches New Fund Aimed at Multifamily Credit
Chicago-based Origin Credit Advisers LLC (OCA), a newly formed affiliate of multifamily real estate fund manager Origin Investments, has launched the… Read more
Peak Realty Tapped to Lease Up West Loop Luxury Apartments
Peak Realty has been tapped by Tandem Development to market and lease Sage West Loop, a 196-unit, new construction luxury apartment building in… Read more
Chicago and Rosemont Brokers Win National Recognition Week Awards from Transwestern
Transwestern Real Estate Services said Monday that five brokers based in the Chicago and Rosemont offices were recognized nationally for… Read more
Chicago Hotel Occupancy Climbs Above 2019 Levels
Average hotel occupancy rate for January and February of 2023 in Chicago’s Loop nearly doubled from 2022 and nearly tripled from 2021, the Chicago… Read more
Wabtec Signs Full-Floor Lease Extension at 500 W. Monroe
Avison Young and JLL have arranged a 10-year lease extension for Westinghouse Air Brake Technologies Corporation (Wabtec) on a full… Read more