Chicago
PR Services Firm Cision Downsizes in West Loop Sublease
Public relations services company Cision is downsizing its headquarters and moving to the West Loop, reported Crain’s Chicago Business. Cision… Read more
UberEats Settles with City of Chicago Over Restaurant Listings
The Lightfoot administration said Monday that Uber has agreed to a $10-million settlement stemming from the city’s investigation into UberEats’… Read more
Luxury Living Resi Brokerage Marks 15th Anniversary with Rebranding
Luxury Living Chicago Realty marked its 15th anniversary with a rebranding. Going forward, the company, which offers residential leasing and… Read more
Marcus & Millichap Closes Sale of Hammond, IN Storage Facility
Marcus & Millichap closed the sale of Alpha Storage, a multi-story facility currently with 68,277 rentable square feet of self-storage… Read more
Mixed-Use Sells in Fulton River District “Set to Explode” with New Development
Essex Realty Group, Inc. recently facilitated the sale of 401 N. Milwaukee Ave., a mixed-use property located in Chicago’s Fulton… Read more
NewPoint Adds Managing Director for Seniors Housing Originations
NewPoint Real Estate Capital LLC has hired Christopher Honn as managing director, seniors housing originations. Based out of Chicago, Honn… Read more
Obama Center Issues RFP for Restaurant Operators
The Obama Foundation has issued a request for proposals to operate a restaurant and grab-and-go cafe at the under-construction Obama… Read more
JLL Lines Up $100M Acquisition Loan on South Loop Apartment Tower
JLL Capital Markets closed $99.5 million in acquisition financing for The Elle, a 496-unit multifamily high-rise in Chicago’s South Loop.… Read more
Hilco Real Estate Closes Bankruptcy Sale of Former Cité Restaurant
Hilco Real Estate, LLC (HRE) completed the bankruptcy sale of a penthouse restaurant atop Lake Point Tower in downtown Chicago.… Read more
320 South Canal Office Tower Reaches Completion
Global architecture firm Goettsch Partners (GP) has completed the 1.74-million-square-foot 320 South Canal in Chicago’s West Loop, the latest in… Read more
Cresa Adds Three New Advisors to Chicago Team
Occupier-centric commercial real estate firm Cresa has added three more advisors to its Chicago team. They include the following: “We’re… Read more
Byline Bank to Merge with Inland Bank & Trust
Chicago-based Byline Bancorp, Inc. and Oak Brook, IL-based Inland Bancorp, Inc., including subsidiary Inland Bank & Trust, said Thursday they… Read more
Rare Middle-Market Apartment Asset in Near North Sells at Premium Cap Rate
Essex Realty Group, Inc. recently facilitated the purchase and sale of 67 W. Chestnut St., a rare middle-market multifamily property… Read more
Locke Lord Adds Two Partners in Chicago with Focus on Distressed Situations
Mark Silverman and Jonathan Aberman have joined Locke Lord’s Bankruptcy, Restructuring and Insolvency Practice Group as partners in the firm’s… Read more
Hudson Valley Property Group Enters Chicago with Bronzeville Acquisition
Hudson Valley Property Group (HVPG), a national affordable housing preservation company, has acquired Drexel Court & Lake Park East, a… Read more
Metro Edge Assembles Development Team for $257M Data Center in Illinois Medical District
Metro Edge Development Partners, a commercial real estate development firm and minority business enterprise, has finalized agreements with Corgan, Clune… Read more
New Office Space Demand Posts Second Monthly Increase
New demand for office space rose for the second consecutive month, up 8.3% from a VTS Office Demand Index (VODI) reading… Read more
Essex Realty Lists New Multifamily in Wrigleyville
Essex Realty Group, is marketing for sale Panorama Apartments, a 142-unit new construction apartment building in Chicago’s Wrigleyville neighborhood, located… Read more
Phil Geiger Joins Stream Realty in Chicago from JLL
Phil Geiger has joined Stream Realty Partners as a managing director in the firm’s Chicago office. He comes to Stream… Read more