Chicago
Peak Realty Begins Lease-Up at Uptown Multifamily Project
Peak Realty’s team has begun pre-leasing for Portrait, a new-construction mixed-use property owned by Mavrek Development. Located at 948 W. Sunnyside… Read more
Michaels Organization Proposal Wins Chicago’s West Side Design Competition
A seven-story, 63-unit, all-affordable apartment building was announced by Mayor Lori Lightfoot Monday as the winning proposal to redevelop vacant… Read more
Finger Companies Sees First Move-Ins at New Schaumburg Apartments
Houston-based the Finger Companies has welcomed the first move-ins at The Quin, a four-story, 373-unit rental community at 2450 Plum Grove Road in Schaumburg,… Read more
Salesforce, Meta Putting Big Blocks of Chicago Office Space Up for Sublease
Salesforce and Meta are looking to sublease significant portions of their downtown Chicago office space, spokespeople for both companies told… Read more
JLL Expands Central FL Multi-Housing Team with Directors Ted Taylor, Kyle Butler
JLL Capital Markets has formed a unified Central Florida Multi-Housing Investment Sales and Advisory team to maximize efforts across the market.… Read more
Chan Zuckerberg Biohub Will Make Trammell Crow’s Fulton Labs Its Chicago Base
Trammell Crow Company (TCC) signed a lease with Chan Zuckerberg Biohub Chicago, a new biomedical research institute that brings together… Read more
Law Firm Relocates to CME Center in Keeping with Flight-to-Quality Trend
Hanley Flight & Zimmerman (HFZ), a patent and intellectual property law firm, has signed a 13,943-square-foot lease at 10 South… Read more
JV of Venture One, DRA Recapitalizes Industrial Portfolio for Nearly $369M
Rosemont, IL-based Venture One Real Estate has formed a joint venture with New York City-based DRA Advisors to take over… Read more
Loop Alliance Bringing “Sundays on State” Series Back for the Summer
Chicago Loop Alliance is announcing dates for the return of the Sundays on State event series, which will close parts of… Read more
Oak Street Health Joint Venture Will Offer Primary Care to Kidney Patients
Chicago-based Oak Street Health, a network of value-based primary care centers for adults on Medicare, and Interwell Health, a kidney care… Read more
Development Project Aims to Create Affordable Housing in Englewood
A collaboration of Illinois Institute of Technology (IIT) College of Architecture students, a local developer and Ald. Stephanie Coleman aims… Read more
Red Oak Provides Bridge Loan on Hoffman Estates Offices
Red Oak Capital Holdings, a Grand Rapids, MI-based commercial real estate finance company, has provided an $8.3-million bridge loan for Prairie Stone… Read more
Air-Taxi Service Coming to Chicago in 2025
United Airlines and Archer Aviation Inc. announced plans Thursday to launch the first air-taxi route in Chicago, between O’Hare International… Read more
Debt Maturity: What’s Actually in Trouble?
Note: This is the second in a series of Weekender articles about upcoming commercial real estate debt maturities and their… Read more
David Knapp Joins CBRE Capital Markets in Chicago
industry veteran David Knapp has joined CBRE Capital Markets as an EVP, focusing on institutional sales of office assets in… Read more
Investors Sue Lightfoot Administration Over Property Adjacent to Michael Reese Site
A group of local investors has filed suit against the Lightfoot administration for what they charge was illegal use of… Read more
S&C Electric Plans Manufacturing Expansion with 275K-SF Palatine Facility
Electrical grid company S&C Electric will expand its U.S. manufacturing footprint with a 275,000-square-foot facility in Palatine, IL, approximately 25… Read more
Mid-America Brokers Sale of Gold Coast Luxury Retail
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of 1003 N. Rush St., an urban retail building located… Read more
Conagra CEO Connolly Named Board Chair for Economic Club of Chicago
The Economic Club of Chicago has announced that Conagra Brands CEO Sean Connolly has been selected as the next chair… Read more