Chicago
Chicago Plan Commission Endorses Shapack Proposal for Apartments, Hotel in West Town
The Chicago Plan Commission on Thursday endorsed developer Jeffrey Shapack’s long-term proposal to build more than 2,200 residential units and a… Read more
Chicago Industrial Vacancies Stay Flat in Third Quarter
Chicago-area industrial real estate vacancy rates remained flat at the end of the third quarter of 2022, the first time… Read more
River North Apartments Trade for Less Than 2011 Purchase Price
San Francisco-based FPA Multifamily paid $89 million for a River North apartment tower, a price that Crain’s Chicago Business reported reflects… Read more
Workbox Launches Venture Capital Arm Focused on Future of Work
Workbox, the Chicago-based specialized flexible office operator, has launched Workbox Ventures, the brand’s new venture capital arm focused on the “Future of… Read more
Multi-Tenant Industrial Changes Hands in Rolling Meadows
Marcus & Millichap finalized the sale of Carnegie Street Business Center, a 25,800-square-foot industrial property in Rolling Meadows, IL. The… Read more
Investment Advisory Firms BDT, MSD to Merge
Chicago-based BDT & Company Holdings and Michael Dell’s MSD Partners, L.P. have entered into a business combination agreement to create… Read more
Survey: Gloom Invades Investor Sentiment
Rising interest rates, continued supply chain disruptions, labor shortages and recession threats are putting investors in a gloomy mood, according… Read more
Colliers to Handle Office Leasing Assignments at PGIM Real Estate’s 55 East Monroe
Colliers has been awarded the exclusive office leasing and management assignment for PGIM Real Estate’s 55 East Monroe in downtown… Read more
Lightfoot Cuts Ribbon on Third of 10 New Public Plazas
Mayor Lori Lightfoot recently cut the ribbon on the Winthrop Garden POP! in the North Side’s Uptown neighborhood. It’s the third… Read more
Waterton Closes on Acquisition of Alta Roosevelt Apartments in South Loop
Waterton closed on its acquisition of the 496-unit Alta Roosevelt Apartments at 801 S. Financial Pl. in Chicago’s South Loop.… Read more
Connect Investment & Finance Video Recap: Experts Make Sense of the Current Market
“If your deal’s not in flight, it’s not closing by the end of the year, unless the lender absolutely has… Read more
U.S. Soccer Federation Exits South Loop Headquarters for East Loop Location
The governing body of American soccer is moving its headquarters to the East Loop and putting its historic South Loop… Read more
Proptech Firm Fortress Names Chief Marketing Officer
Chicago-based property management technology firm Fortress has named Marc Ruzten as chief marketing officer. Rutzen brings more than a decade… Read more
Chicago Seeks to Streamline Sales of Vacant City-Owned Lots
Chicago is seeking to streamline sales of thousands of vacant lots owned by the city in an effort to fight… Read more
Study: Migration Patterns Have “Ripple Effect” on CRE Sectors
The pandemic didn’t so much result in new migratory patterns as reinforce those that were already underway, Placer.ai reported earlier… Read more
West Ridge Apartments Go Up for Sale
Essex Realty Group has listed 6431-6433 N. California Ave., a six-unit mixed-use property in Chicago’s West Ridge neighborhood. The asking… Read more
Greenstone Closes Deal for Wicker Park Mixed-Use
Greenstone Partners has closed the sale of a mixed-use property at 2049 W Division St. in Wicker Park. Senior director… Read more
Cresa Makes Push into Chicago Suburbs
Cresa is expanding its service delivery in the suburban Chicago office market and has tapped two industry veterans to lead… Read more
Two More Downtown Chicago Apartment High-Rises Come to Market
Two more downtown Chicago apartment high-rises have come to market, adding to a growing list of CBD residential towers up… Read more