Chicago
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
Globetrotters Engineering Renews Lease at West Loop Offices
Cushman & Wakefield has represented locally based Globetrotters Engineering Corp. in renewing its lease for 23,376 square feet at Golub’s… Read more
IWG Opening Four New Flexible Workspaces in Chicago Area
Hybrid work solutions provider IWG is opening four new flexible workspaces in the Chicago area, including two on the city’s… Read more
Marcus & Millichap Brokers Sale of Plainfield Offices After One-Year Hold
Marcus & Millichap has closed the sale of Plainfield Medical Building, a 20,281-square foot office property located in Plainfield, IL. The asset sold… Read more
Mesirow Launches Bridge Equity Platform for DST Sponsors
Chicago-based financial services firm Mesirow has launched Mesirow Realty Bridge Equity (MRBE). This new serial investment vehicle provides short-term bridge capital to… Read more
Joint Venture to Convert Ft. Worth’s Oncor to Apartments
Syndicated Equities (Syndicated) has taken over the Oncor, an office building that will be converted to multifamily located in downtown… Read more
Flight Ride Attraction Will Replace IMAX at Navy Pier
McHugh Construction has begun construction of the 48,000-square-foot space that will house FlyOver, a new flight ride attraction at Chicago’s historic Navy… Read more
Becovic Adds to Rogers Park Multifamily Portfolio
Becovic Residential, a Chicago-based multifamily owner and operator, has added a five-story mixed-use development featuring sixteen residential units and one… Read more
Avison Young Brokers Sale of Multi-Tenant Industrial Adjacent to Rockford Airport
Avison Young has negotiated the sale of a multi-tenant, 650,000-square-foot industrial facility at 4500 Kishwaukee St in Rockford, IL on… Read more