Chicago
New Office Demand Drops Nationally in July
New demand for office space fell in July to just over half of its pre-pandemic pace, according to the latest… Read more
Portland Among Top-Ranked U.S. Cities for Apartment Construction
The lack of housing in the United States is finally getting some attention, as multifamily construction in the last two… Read more
Rise Invest Rebrands with Name of Its Founder
Chicago-based private real estate investment firm Rise Invest has rebranded as Breneman Capital, establishing a new identity consistent with the… Read more
Ravenswood Multifamily Property Trades Above Asking Price
Kiser Group’s Lee Kiser, Andy Friedman and Jake Parker recently brokered a $9.72-million transaction at 5017 N Wolcott Ave. in… Read more
Private Wealth Team Joins Greenberg Traurig in Chicago
The private wealth team of William M. Doyle, Lawrence M. Kern, and Eric C. Nelson has joined Greenberg Traurig, LLP… Read more
$1.8B Bond Sale for O’Hare Tops Year’s Municipal Airport Transactions
Chicago has sold the largest municipal airport transaction this year amid volatility in fixed-income markets, pricing $1.8 billion of debt… Read more
WNC Welcomes Michael Egidi as Investor Relations VP
Affordable housing real estate firm WNC has announced the appointment of affordable housing finance veteran Michael Egidi as vice president… Read more
Finance Firm Nearly Triples Footprint in Move to 110 N. Wacker
Headlands Technologies, founded by former Citadel executives, has leased around 45,000 square feet on two of the top three floors… Read more
Net-Leased Auto Service Property Finds Buyer in Uptown
Marcus & Millichap closed the sale of Just Tires, a 6,000-square-foot net-leased auto service property in Chicago’s Uptown neighborhood. The asset… Read more
Partner Engineering & Science Launches Valuation Business
Partner Engineering and Science, Inc. formed a new real estate valuation firm called Partner Valuation Advisors, to be led by commercial real estate industry leaders… Read more
Mary Cook Associates Completes Interiors for Downtown Skokie Rentals
Chicago-based interior design firm Mary Cook Associates (MCA) recently completed interiors for Highpoint at 8000 North, a luxury rental community… Read more
Logistics Property Co. Closes on $150M Financing for Multi-Story Goose Island Project
Logistics Property Company, LLC (LPC), Wells Fargo Bank, Inland Bank and Trust and Associated Bank have closed on the $150-million… Read more
Greenstone Markets Former Loop Woolworth’s as Redevelopment Opportunity
Greenstone Partners has been exclusively retained to advise in the sale of an urban, mixed-use property in the Chicago Loop. The… Read more
Luxury Retailer SVRN Reopens in Expanded and Remodeled West Loop Store
Chicago multi-brand luxury retailer SVRN said its West Loop storefront has now reopened following an extensive expansion and visionary remodel.… Read more
Draper and Kramer’s Kurstie Butcher Earns IREM Recognition
Draper and Kramer, Incorporated said that Kurstie Butcher, property management and operations specialist, was named to the Institute of Real Estate… Read more
Alternative Asset Classes Prove to be an Attractive Haven for Capital
A recent capital markets report from Colliers finds that alternative assets, once on the periphery of commercial real estate investors’… Read more
SIOR Elects Merit Partners’ David Liebman as Great Lakes Director
SIOR recently elected David Liebman, SIOR, managing broker with Merit Partners, LLC in Chicago, to serve as regional director for Great Lakes.… Read more
Portillo’s Names Chief Development Officer
Chicago-based fast-casual restaurant chain Portillo’s has appointed Mike Ellis as chief development officer. With more than 30 years’ experience scaling… Read more
Tripp Lite Facility in Bridgeport Trades to Cabinet Maker
Irish company Eaton, which acquired Barre Seid’s electrical products business, Tripp Lite, for $1.65 billion last year, has sold a… Read more