Chicago
Recruitment and Retention: The Essential Ingredient of the CRE Industry
There is no doubt that the backbone of commercial real estate in brokerage, finance and special services are the people… Read more
West Side Multifamily Owner Becomes Seller After Four-Year Hold
Interra Realty, a Chicago-based commercial real estate investment services firm, hast brokered the sale of a 35-unit multifamily property in Chicago’s… Read more
City Council Okays $959M TIF for CTA’s Red Line Extension
A new Transit Tax Increment Financing (TIF) district approved by the Chicago City Council on Wednesday will provide financial support… Read more
Midwest Industrial Funds Inks Two Leases Totaling 412K SF
Midwest Industrial Funds has secured more than 400,000 square feet of recent leases at its speculative developments located in Chicago’s… Read more
Highgate to Acquire Viceroy Hotels & Resorts
New York City-based real estate hospitality investment and management company Highgate has entered into a definitive agreement to purchase Viceroy… Read more
Cannabis Research Institute Coming to Chicago’s Discovery Partners Institute
The City of Chicago, State of Illinois and the Discovery Partners Institute on Thursday announced the launch of the Cannabis… Read more
Dallas Cold-Foods Distribution Center Sold to Scout Cold Logistics
Core5 Industrial Partners sold the KeHE Foods Distribution Center, a 993,912-square-foot facility, to Scout Cold Logistics. The plant had only… Read more
JRE Partners Taps Davidson Hospitality to Manage 21c Museum Hotel Chicago
Davidson Hospitality Group has been selected by JRE Partners to operate 21c Museum Hotel Chicago under its lifestyle operating vertical,… Read more
Structured Development, Burnt City Brewing Open Second Location in Wheeling
Structured Development and Burnt City Brewing recently celebrated the grand opening of the second District Brew Yards location, at 700 N. Milwaukee Ave. in… Read more
City Council Approves Rezoning for Bally’s Chicago Casino
(Updated with additional information) The Chicago City Council on Wednesday approved zoning changes to permit Bally’s to build its casino… Read more
Twin Brook Capital Expands Offices at 111 South Wacker
Union Investment is leasing the 35th floor of its office building at 111 S. Wacker in Chicago to Twin Brook… Read more
Partners Secure $100M to Acquire, Rehab Far South Side Section 8 Apartments
L+M Development Partners, a New York-based full service real estate development firm, and SAA|EVI, a Baltimore-based real estate development firm,… Read more
Bellwether Enterprise Arranges Acquisition Loan for Chicagoland Shopping Center Portfolio
Bellwether Enterprise Real Estate Capital LLC (BWE), a national commercial and multifamily mortgage banking company, closed on a $74,487,616 life company… Read more
Q&A with Colliers’ Michael Lirtzman on the Office Sector’s New Challenges
The U.S. office market has reached uncharted territory, Colliers says in its latest national report on the sector. “Following two… Read more
Wirtz Family’s Plan for 740-Acre Mixed-Use in Mundelein Clears Hurdle
The Wirtz family’s plan to develop 740 acres of farmland in Lake County cleared its first major hurdle Monday evening,… Read more
Architecture Firm HED Makes Move to Fulton Market with Flexibility in Mind
National architecture and design firm HED, based in Southfield, MI, just signed a 12-year lease to move from its 13,000-square-foot office at… Read more
Northwest Side Multifamily Finds Buyer in One Day
Quantum Real Estate Advisors, Inc. has brokered the sale of a 10-unit multifamily building located at 2919 W. Whipple St.… Read more
Chicago Plan Commission Signs Off on River West Casino Zoning
The Chicago Plan Commission on Monday signed off on zoning needed for the proposed Bally’s casino and entertainment complex in… Read more
Property Maintenance Platform Mezo Raises $6M in Seed Round
Chicago-based Mezo, provider of an AI-based platform for property maintenance, completed a $6-million seed investment co-led by Chicago Ventures and… Read more