Chicago
JV of Denholtz, Redwood Real Estate Moves Ahead on Bound Brook Apartments
A joint venture between Denholtz Properties and Redwood Real Estate Group is moving ahead with the $50-million construction of a… Read more
JLL Forges Development and Management Partnership with Poag Shopping Centers
JLL has entered into a mixed-use development and management strategic partnership with Poag Shopping Centers. Poag will provide development and redevelopment services for JLL-managed… Read more
Global Retailing Consultant Nicki Hines Joins JLL as Executive Managing Director
JLL has appointed Nicki Hines as executive managing director, retail corporate services, based at JLL’s Chicago headquarters. She brings more than 30… Read more
Essex Team Lists Rogers Park Courtyard Property
Essex Realty Group, Inc. has been selected to market for sale 7381 N Damen Ave., a vintage 32-unit multi-family courtyard… Read more
601W Secures $215M Financing for New Office Redevelopment in Chicago’s SW Loop
(Updated with additional information) 601W Companies has secured a total of $215.1 million in financing for its redevelopment of 801… Read more
CTA Receives $29M Federal Grant to Expand Electric Bus Operations
The Chicago Transit Authority (CTA) said Tuesday it was awarded nearly $29 million in grant funds by the Federal Transit… Read more
Michaels Organization, DL3 Advance on Woodlawn Mixed-Income Project
The Michaels Organization and its Chicago-based partner, DL3 Realty, are set to break ground on a new mixed-income, mixed-use, affordable… Read more
Pritzker Seeks Sale of Damen Silos on Chicago’s Lower West Side
Weeks after announcing a new deal for the sale of the James R. Thompson Center in downtown Chicago, Gov. JB… Read more
First Industrial Realty Trust Closes on $300M Term Loan
Chicago-based First Industrial Realty Trust, Inc. closed on a new and undrawn $300-million unsecured term loan. The interest-only loan has… Read more
Proptech Firm Livly Sets Company Record in July
Livly, a resident experience proptech firm headquartered in Chicago’s West Loop, reported record-breaking sales in July 2022 of 22,513 apartment… Read more
Real Estate Team Joins Norton Rose Fulbright in Chicago
Seven lawyers, including partners John F. Young and Christine Fernandez Owen, and three paralegals have joined the real estate practice… Read more
TradeLane Scores 845K-SF Value-Add Chicago Industrial Portfolio
TradeLane Properties, a privately held industrial real estate investment company headquartered in Oak Brook, IL, closed on a 13-building light… Read more
Goettsch Partners Elevates Co-CEO Zheng to Full CEO Role
Chicago-based global architecture firm Goettsch Partners has named James Zheng as CEO, while Paul De Santis joins James Goettsch as… Read more
Dayton Street Divests Two Chicago Warehouses to Brookfield
Dayton Street Partners (DSP), a Chicago based commercial real estate company focused on the acquisition and development of industrial and… Read more
Pilsen Portfolio Trades to Two Separate Buyers
Interra Realty negotiated the $2.23-million sale of a two-building multifamily portfolio in Chicago’s Pilsen neighborhood. The properties, acquired by separate… Read more
United Airlines Steps Up Hiring at O’Hare as Aviation Recovers
In a sign of the aviation sector’s recovery and following a summer of challenges related to staffing issues, United Airlines… Read more
Wellington Management Upsizes Offices in Move to Fulton Market
Sterling Bay said Thursday that Wellington Management signed a long-term lease for 24,000 square feet of office space at 345… Read more
Modern Sprout Will Bring All Operations Under One Near West Side Roof
Modern Sprout, which has operated in an incubator space in the Kinzie Corridor, is expanding its footprint by 70%. The… Read more
RMK Will Manage New-Construction Glen Ellyn Luxury Apartments
RMK Management Corp. has been named property manager for Apex 400, a 104-unit, newly constructed luxury apartment community. Located at… Read more