Chicago
CRE Career Move Roundup – Florida
Connect CRE traditionally receives a tsunami of new-hire announcements at the beginning of each new year, and Florida is certainly… Read more
BMO Completes Bank of the West Acquisition
BMO Financial Group and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A., with U.S headquarters in Chicago, completed… Read more
1.4-Million-Square-Foot Medline Distribution Center Completed in Grayslake
Design firm Ware Malcomb and general contractor Alston Construction Company have completed a new Medline distribution center located in Grayslake, IL. Ware Malcomb… Read more
Chicago City Council Approves Long-Planned Norfolk Southern Rail Yard Expansion
The Chicago City Council on Wednesday approved a railroad expansion that has been years in the making despite local opposition… Read more
JRW Realty Closes Over $800M in Properties in 2022
Pasadena, CA-based net-lease-focused commercial real estate brokerage JRW Realty, has announced that the firm closed 179 properties valued at over… Read more
Essex Realty Lists East Albany Park Multifamily
Essex Realty Group, Inc. has been selected to market 3055 W. Eastwood Ave., a 13-unit multifamily property located in Chicago’s… Read more
Tiger Cool Express Plans Tri-Cities Intermodal Development
Tiger Cool Express has signed a lease-purchase agreement with Union Pacific Railroad to acquire the former Cold Connect property in… Read more
Lightfoot Agreement with ComEd Calls for Backing Clean-Energy Projects
Commonwealth Edison will continue to serve the city of Chicago for at least the next 15 years under an agreement… Read more
JVM Snaps Up Class A Wheaton Multifamily
JVM Realty Corp., a vertically integrated multifamily real estate investment and property management firm, has acquired Courthouse Square, a 149-unit… Read more
Chicago Industrial Rebounds in Q4 from Slight Pause
Following a slight dip in demand during the third quarter of 2022, Chicago industrial picked right back up during Q4,… Read more
Wintrust Financial Names New CEO in Planned Succession
Wintrust Financial Corporation, headquartered in Rosemont, IL, has named president Timothy Crane to the additional role of CEO in a planned succession.… Read more
St. Louis, Other Metro Areas Rank High as Multifamily Markets to Watch—for Distress
Trepp has identified the St. Louis metro area as the number one multifamily market to watch in 2023. In this… Read more
SIOR Chicago Names 2023 Executive Board
The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) recently named its new executive board officers for 2023. Peter Billmeyer,… Read more
Jaffe Companies Refis Edens Collection Shopping Center for $40M
JLL Capital Markets arranged a $40-million refinancing for Edens Collection, a 142,740-square-foot, Target-anchored retail center located in Chicago’s Jefferson Park neighborhood. JLL worked on behalf… Read more
AIT Global Logistics Leases 57K SF of Headquarters Space in Itasca
Newmark arranged a new 56,808-square-foot lease at Class A office building Two Pierce Place in the Chicago suburb of Itasca, IL. The… Read more
Tyson Foods Puts West Loop Offices on Sublease Market
Tyson Foods, which is moving about 500 jobs out of Chicago and suburban Downers Grove, IL, has listed its entire… Read more
NASCAR Announces Concert Performers for Chicago Street Race
NASCAR said The Chainsmokers and Miranda Lambert will headline full-length concerts with the support of The Black Crowes and Charley Crockett for the first-ever street race in the… Read more
P33, World Business Chicago Launch Coalition for Laid-Off Tech Workers with H-1B Visas
P33 and World Business Chicago have formed the Chicago H-1B Connect Coalition, a united effort to assist current H-1B visa… Read more
New Public Safety Training Center Opens in West Humboldt Park
Chicago city officials cut the ribbon Wednesday on the recently completed Public Safety Training Center in West Humboldt Park. The… Read more