Chicago
Sancerre Hospitality Adding New Restaurant Concept to Fulton Market District
Fulton St. Companies and Intercontinental Real Estate Corporation have signed Sancerre Hospitality to a 7,000-square-foot, ground floor lease at 1045… Read more
Walmart Closing Half Its Chicago Stores, Citing Years of Losses
Walmart Inc. said it would close four of its eight Chicago stores, effective April 16. The pharmacies at these locations… Read more
Marcus & Millichap Finalizes Sale of Hebron Industrial
Marcus & Millichap closed the sale of 11414 Maple Ave., an industrial property located in Hebron, IL. Terms of the sale were not… Read more
Chicago Industrial Transaction Volume Strong in Q1, Yet Sublease Space Ticks Upward
The fundamentals of Chicago’s industrial market remained steady in the first quarter of 2023 as the overall vacancy rate remained… Read more
Tech Startup Logistics Company Expands to New Office in Downtown Fort Lauderdale
TransLoop, a Chicago-based logistics services tech startup, has opened a new office in 101 Centre in downtown Fort Lauderdale. CBRE… Read more
Vacancies and Rents Both Rise in Downtown Chicago Office During Q1
Vacancy rates and rental rates rose in Chicago’s downtown office market during 2023’s first quarter, Bradford Allen reported. The CBD’s… Read more
Summit Design + Build Completes Revamp of West Loop Industrial into Hotel
General contractor Summit Design + Build has completed the gut demolition and renovation of a five-story industrial building into a boutique extended-stay… Read more
DL3 Realty Breaks Ground on $40M INVEST South/West Development in Englewood
City officials and DL3 Realty broke ground Tuesday on Thrive Englewood, a $40.2-million INVEST South/West project in Chicago’s Englewood neighborhood… Read more
Chicago Selected for 2024 Democratic Convention
Chicago will host the 2024 Democratic National Convention, the Democratic National Committee announced Tuesday. The city beat out New York… Read more
City, NASCAR Chicago Announce Month-Long Street Closures Ahead of July Event
The inaugural NASCAR Chicago Street Race will have residents navigating street closures and parking restrictions around Grant Park for more… Read more
Block 37 Adds Verge Immersive to Entertainment Mix
Verse Immersive, reportedly the world’s first holographic theater, has opened at CIM Group’s Block 37 retail complex following a successful… Read more
Hanley Arranges Sales of Three Walgreens Stores in IL, MN and FL
Hanley Investment Group Real Estate Advisors arranged the sales of three single-tenant net-leased retail properties occupied by Walgreens in three… Read more
Arlo Hotels Opening First Midwest Location in Downtown Chicago
Arlo Hotels, a New York-based boutique hotel chain, is set to open its first Midwest location this week in the… Read more
Barstool Sports Leases Space on Near West Side to Move Some Operations from NYC
Barstool Sports has leased most of a warehouse property just west of the Fulton Market District, where the media company… Read more
GSA Plans Demolition of Low-Rise Flanked by Two Towers on State Street
The U.S. General Services Administration said it would demolish 208-212 S. State St., a three-story building in downtown Chicago, over… Read more
CBRE Hires Senior Transaction Manager in Chicago
CBRE has hired Ciana Carpenter as a senior transaction manager in Chicago. A licensed attorney, Carpenter will join the tenant… Read more
Draper and Kramer Arranges $54M Financing for Merrillville Luxury Multifamily
VP Mark Perkowski of Draper and Kramer’s Commercial Finance Group arranged a $54-million loan on behalf of Weiss Entities for Prairie… Read more
Chicago Real Estate Industry Turns a Wary Eye to Incoming Mayor
The mayoral candidate backed by some of Chicago real estate’s heaviest hitters didn’t win last week’s runoff election. Now the… Read more
Mag Mile Capital Merges with Myson, to Become Publicly Traded Company
Mag Mile Capital, a Chicago-based full-service commercial real estate mortgage banking firm, has completed a merger with publicly traded Myson,… Read more