Chicago
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
Peak Properties Hired to Manage and Update Bowmanville Apartments
Peak Properties, LLC has been retained to manage, update and lease a 52-unit apartment building located at 2000 W. Summerdale… Read more
Michigan Avenue Real Estate Launches New Property Management Brand
Michigan Avenue Real Estate Group and its property management subsidiary, GERAM Property Management, have launched a new property management brand,… Read more
Echo Real Estate Capital Adds Morton Grove MOB
Chicago-based Echo Real Estate Capital, Inc. has acquired a single-tenant medical office building leased to Advocate Health Care for an undisclosed sum.… Read more
Marquette Collects Payoff for Pandemic-Era Gamble with $79M Refi of West Loop Tower
Naperville, IL-based Marquette Companies has refinanced the Parq Fulton, a 278-unit apartment building at 1400 W. Randolph St. in Chicago’s… Read more
Antares Capital Upsizes Offices in Move to BMO Tower
Riverside Investment and Development and co-development partner Convexity Properties signed Antares Capital to a long-term, 87,586-square-foot lease at the recently… Read more
George Smith Partners Secures Financing for Acquisition of Magnificent Mile Retail
George Smith Partners secured the permanent financing for the acquisition of a 5,666 square-foot luxury, high-street retail parcel located at… Read more
Michael Madden Joins Cushman & Wakefield with Focus on Suburban Occupiers
Michael Madden has joined Cushman & Wakefield as director in the firm’s Occupier Services group. He joins Cushman & Wakefield… Read more