Chicago
Transwestern Puts Mike Salmen in Charge of Midwest Capital Markets
Transwestern Real Estate Services has charged industry veteran Mike Salmen with service delivery strategy and operational oversight of the firm’s Midwest… Read more
Chicago Industrial Turns in “Banner Performance” for 2022
Chicago-area industrial real estate displayed “banner performance” in 2022, with absorption of 38.3 million square feet leading the nation, NAI… Read more
Berkadia Finalizes $40M Sale of Shovel-Ready Site Zoned for 36 Stories in Downtown Miami
Berkadia has arranged the $39.5-million sale of a one-acre, Opportunity Zone-designated site in the heart of Downtown Miami for a… Read more
It’s Time to Nominate the Year’s Top Leasing and Sales Brokers
The deadline is almost upon us to nominate commercial real estate’s top leasing and sales brokers for Connect CRE’s sixth… Read more
Two Office Towers Near Millennium Park Go Up for Sale
Two office towers on the same block of Michigan Avenue near Millennium Park have gone up for sale, a pair… Read more
Chick Fil-A Joining Concessions at O’Hare’s Revamped Terminal 5
The Chicago Department of Aviation (CDA) and Unibail-Rodamco-Westfield Airports announced the first Chick-fil-A, Protein Bar & Kitchen and Evolve by… Read more
Regal Mile Studios Project Kicks Off with Ceremonial Groundbreaking
City, community, and business leaders held a groundbreaking ceremony Monday for Regal Mile Studios Campus 1, a 380,000-square-foot, seven-acre enclosed… Read more
CVS Reportedly on the Verge of $10.5B Deal for Oak Street Health
CVS Health is close to an agreement to acquire Chicago-based Oak Street Health Inc. for about $10.5 billion including debt, the Wall Street… Read more
Brennan Investment Group to Deliver 80K-SF Industrial Building on 16 Acres in Glen Burnie
Chicago, IL-based Brennan Investment Group has acquired 15.82 acres of vacant land along Solley Road in Glen Burnie, MD with… Read more
VISTA Property Tops Out Construction on River North Rentals
Developer VISTA Property and its general contractor, Skender, recently topped out construction at 741 N Wells St., a new mixed-use multifamily… Read more
RMK Tapped to Manage South Loop Luxury Apartments
RMK Management Corp. has been named property manager for 1407 On Michigan, a 15-story, 199-unit luxury apartment tower at 1407… Read more
Industrial Outdoor Ventures Closes $330M of 2022 Acquisitions
Schaumburg, IL-based Industrial Outdoor Ventures (IOV) completed 30 industrial service facility (ISF) transactions in 2022 with a total value of… Read more
Evanston Apartment Property Could Set New Sales Price Record
Milwaukee-based life insurance company Northwestern Mutual has hired JLL to sell E2, a 352-unit apartment property at 1890 Maple Ave. In… Read more
Chicago Loop Alliance: Q4 Activity Driven by Arts, Transit and Investment
Theatre, transit and investment all played a major role in 2022’s fourth quarter for the Loop, the Chicago Loop Alliance… Read more
Expansion of O’Hare Terminal 5 Opens for Business
City officials recently marked the grand opening of the new eastern extension of Terminal 5, a milestone in the $1.3-billion, four-year… Read more
New Construction Med-Tail Property Trades in Northwest Indiana
Marcus & Millichap recently closed the sale of a 7,344-square-foot new construction med-tail center located in Valparaiso, IN. The asset sold for $2,562,500. … Read more
Hyatt Completes Acquisition of Dream Hotel Group
Hyatt Hotels Corporation completed its acquisition of the Dream Hotel Group lifestyle hotel brand and management platform, bringing a portfolio of… Read more
BOMA/Chicago Celebrates 2023 Winners of Gold Circle and TOBY Awards
The Building Owners and Managers Association of Chicago (BOMA/Chicago) announced winners of the 2023 Gold Circle and “The Outstanding Building… Read more
Recently Renovated Uptown Apartments Fetch $5M
Interra Realty brokered the sale of a 42-unit multifamily property in Chicago’s Uptown neighborhood. The building sold for $5.2 million,… Read more