Chicago
Ashkenazy Acquires Jewel Osco-Anchored Center in Rogers Park
Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm led by CEO and chairman Ben Ashkenazy, acquired Gateway Centre, an approximately 200,000 square-foot… Read more
City Review Process for West Humboldt Park Project Gets Underway
Development plans for a $25-million mixed-use effort are set to go before city officials Wednesday, as review of a project… Read more
Brown Commercial Group Arranges Elk Grove Industrial Lease
Brown Commercial Group negotiated a 75,072-square-foot, full-building industrial lease in Chicago’s O’Hare submarket. The lease will allow Masterpiece International to… Read more
37-Property Chicago Industrial Portfolio Trades for North of $150M
JBS Commercial Real Estate arranged the off-market sale of 37 Chicago-area industrial and flex properties representing more than 1.4 million square… Read more
Prime Group Acquires Block of Offices on LaSalle Street
A venture led by developer Mike Reschke’s Prime Group real estate firm has purchased a five-story block of offices above… Read more
Crescent Heights Scores Fulton Market Development Site for $35M
CBRE arranged the sale of a 1.7-acre site located at 420 N May St. in Chicago’s Fulton Market neighborhood. 420… Read more
Chicago Treasurer’s Office Partners to Invest in Lower-Middle Income Loan Programs
Through a public-private partnership between the Chicago City Treasurer’s Office and R. Seelaus & Co., Inc., a full-service investment and… Read more
Hammes Partners Picks Up Six-Property MOB Portfolio in Chicago Suburbs
Avison Young recently arranged the sale of a six-building portfolio of medical office buildings to Hammes Partners on behalf of… Read more
Dollar General in Wisconsin Trades to Local 1031 Buyer
Marcus & Millichap closed the sale of a 9,026-square-foot net-leased Dollar General property located in Osceola, WI. The asset sold for $1,106,500. Associate Mitch Grant and… Read more
Chicago Named Businesses’ Top Relocation Destination for 10th Consecutive Year
Site Selection Magazine has named the Chicago region the Top Metro in the U.S. for corporate relocation and site selection,… Read more
ShainRealty Capital Divests 8-Property Kenwood Apartment Portfolio
A 200-unit multifamily portfolio located in Chicago’s Kenwood neighborhood sold for an undisclosed sum. The SR8 Portfolio, encompassing eight properties within… Read more
New-Construction Downers Grove Multifamily Listed for $8.5M
Essex Realty Group, Inc. has been engaged to market Fairview Station Flats, an 18-unit multifamily property located in the Chicago… Read more
Development Teams Go Public with Plans for LaSalle Street Revamps
Five development teams vying for taxpayer help to turn LaSalle Street office buildings into apartments unveiled their plans to the… Read more
Habitat Secures Financing for Next Phase of Ogden Commons Mixed-Use
Chicago-based The Habitat Company secured financing for the residential Phase 2 at Ogden Commons, a $200-million mixed-use, mixed-income project in the North Lawndale neighborhood… Read more
“Med-Tail” Center in Hammond, IN Trades to 1031 Buyer
Marcus & Millichap arranged the sale of a new construction “med-tail” center, a 14,158-square-foot retail property located in Hammond, IN. The… Read more
Zuckerberg and Chan Commit $250M for Chicago Biomedical Research Hub
The Chan Zuckerberg Initiative (CZI) on Thursday announced the launch of a new biomedical research hub in Chicago where scientists… Read more
Gold Coast Condo Conversion Hits the Sales Market as Rental Property
ESG Kullen has hired JLL to sell The Deco, a 389-unit apartment high-rise at 1400 N. Lake Shore Dr. built… Read more
Skender Launches Buildout for New Ace Hardware Headquarters
Skender has started construction on the 250,000-square-foot build-out of Ace Hardware Corporation’s new headquarters in Oak Brook, IL. The project, located… Read more
Connect Industrial Midwest: CRE’s “Golden Child” Confronts Market Challenges
”As our previous speaker said, we are now the golden child of the real estate market.” With that allusion to… Read more