Chicago
It’s Time to Nominate Commercial Real Estate’s Most Influential Women
The deadline is nigh to participate in Connect CRE’s sixth annual Women in Real Estate Awards. We’re continuing to call for… Read more
JAM Equities Signs Development Deal with Freddy’s Frozen Custard
Fast-casual restaurant concept Freddy’s Frozen Custard & Steakburgers has signed a multi-unit development agreement with Chicago-based JAM Equities. The agreement calls… Read more
Air Taxi Service Will Undergo First North American Test in Chicago
Eve Holding, Inc. will conduct its first North American urban air mobility simulation in Chicago next month. It will use… Read more
New Restaurant Concept Comes to Near North Neighborhood
Leslie Karr and Lorile Herlihy of SVN Chicago Commercial recently negotiated the 10-year lease of a new restaurant, Lady May,… Read more
Multifamily Duo in East Garfield Park Sells to Out-of-State-Buyer
Kiser Group partners Aaron Sklar and Noah Birk and director Jack Petrando recently closed the sale of Homan Properties, comprising… Read more
Cresa Adds Three-Member Brokerage Team in Chicago
Cresa is growing its brokerage ranks in Chicago with the addition of an established team of three advisors. Dave Wilson… Read more
CA Health & Science Trust Marks First Anniversary
CA Health & Science Trust, Inc. (CAHST), a private REIT focused on the acquisition and development of medical office and… Read more
Newmark Valuation & Advisory Names Market Lead for North Central Region
Newmark Valuation & Advisory (Newmark V&A) has promoted John Mackris, MAI, MRICS, CCIM, to market leader of the North Central region. Based… Read more
Inflation Pushes Cost Estimate on Woodlawn Central Project to $800M
The estimated cost of Woodlawn Central, a mixed-use development in Chicago’s Woodlawn neighborhood, has increased by one-third since the start… Read more
Oklahoma Venture Picks Up Two Distressed Chicagoland Hotels
In deals to resolve pending foreclosure lawsuits, a venture led by Oklahoma-based real estate investor Mark Beffort of Newmark Robinson… Read more
HSA Closes Out Lease-Up of Indianapolis-Area Business Park
Chicago-based HSA Commercial Real Estate has executed a 139,820-square-foot lease with global logistics provider Rhenus Logistics at Gateway Industrial VI. The lease marks Rhenus’ first… Read more
Circle K Comes on Strong with Foray into Loop Market
Convenience store brand Circle K is making a bet on downtown Chicago, leasing smaller-format outlets in and around the Loop,… Read more
CRE Attorney James Brescoll Rejoins Bryan Cave in Chicago
Bryan Cave Leighton Paisner (BCLP) recently welcomed real estate attorney James Brescoll back to the firm. Previously with BCLP from… Read more
Federal Grant Supports Construction of Englewood Nature Trail
Mayor Lori E. Lightfoot, U.S. Senators Dick Durbin and Tammy Duckworth and U.S. Rep. Danny Davis recently announced $20 million… Read more
Draper and Kramer Opens Doors to Rentals in St. Louis’ The Hill Neighborhood
Draper and Kramer, Incorporated announced the completion of Moda at The Hill, a new 225-unit rental development at 2100 Boardman… Read more
PCCP and Midwest Industrial Funds Launch Project in Low-Vacancy McCook Submarket
A joint venture of PCCP, LLC and Midwest Industrial Funds will develop a 245,002-square-foot, Class A industrial facility at 8701 W. 53rd… Read more
Hotel Occupancy, Downtown Programming Point to Loop Recovery
Hotel occupancy in downtown Chicago reached a new high of nearly 90% recovery rate, surpassing the previous record in May,… Read more
Lincoln Park Sale Hits Per-Unit High on Pricing
Chicago-based Novak Development has sold a 32-unit rental building at 2050 N. Clark St. In Lincoln Park to HP Ventures… Read more
Fully Occupied Pilsen Mixed-Use Comes to Market
Essex Realty Group has been selected to market for sale 1848 S. Blue Island Ave., a mixed-use investment property in… Read more