Chicago
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
Bally’s Files Application with Illinois Gaming Board for First Chicago Casino
Bally’s Corporation on Wednesday filed its application with the Illinois Gaming Board seeking approval of its plan for a $1.7-billion… Read more
VISTA Property Breaks Ground on Rental and Retail Tower in River North
Developer VISTA Property and its general contractor, Skender, broke ground Wednesday on 741 N Wells Street, a new mixed-use multifamily rental… Read more
Ware Malcomb Adds 20-Year Design Veteran to Chicago Office
Mark Schwamel has joined Ware Malcomb as director, interior architecture & design in the firm’s downtown Chicago office. He is… Read more
Starbucks-Anchored Strip Center Trades in Palos Heights
Marcus & Millichap closed the sale of a Starbucks-anchored strip center, a 5,222-square-foot retail property in Palos Heights, IL. Terms of the sale… Read more
Morguard Shells Out $133M for Fourth Downtown Chicago Apartment Buy
An affiliate of Canada-based Morguard has acquired Echelon Chicago, a 39-story building at 353 N. Desplaines St. In the Fulton… Read more
We’re Looking for More of Commercial Real Estate’s Most Influential Women
Nominations for Connect CRE’s 2022 Women in Real Estate Awards have been open since the beginning of this month, and while industry response to date has been heartening,… Read more
Crafty Steps Up to Full-Floor Lease at 205 W. Wacker
CBRE’s Brian McDonnell and Bill Sheehy arranged a new 12,000-square foot, full floor lease at 205 W Wacker on behalf… Read more
SIOR Chicago Chapter Draws 100-Plus to Annual Golf Outing
The Chicago Chapter of the Society of Industrial & Office Realtors (SIOR) held its annual golf outing on Monday, July… Read more
Zipcar Launches Donation Drive to Support Southside Blooms
Car-sharing network Zipcar has launched its Drive to Donate program in support of Southside Blooms, a Chicago-based organization that strives… Read more
Marcus & Millichap Closes Sale of Suburban Chicago Lodging Portfolio
Marcus & Millichap brokered the $19.2-million sale of a three-hotel portfolio in Chicago’s western suburbs comprising 262 keys. The properties… Read more
DePaul/ULI Chicago Report: Employee Attendance Issue is Complicated
A robust workforce return to the office will have enduring benefits to the office ecosystem, including restaurants, shops and entertainment… Read more
Executive Insights: Lument’s Vic Clark Discusses the Changing Apartment Property Market
Lument Research recently spoke with Vic Clark, Lument’s Senior Managing Director and Chief Production Officer, about developments in the multifamily… Read more
Lightfoot Administration Advances Renewable Energy Commitment
Chicago Mayor Lori Lightfoot said Monday that the city had signed an energy supply agreement to help meet its commitment… Read more
Cushman & Wakefield Promotes Kari Olbrecht to Lead Midwest Valuation & Advisory
Cushman & Wakefield has promoted Kari Olbrecht to lead the company’s Valuation & Advisory (V&A) Midwest Market, based in Chicago.… Read more
CenterPoint Sells Eight-Property Industrial Portfolio to EQT Exeter
JLL Capital Markets closed the sale of an eight-property, Class A industrial portfolio totaling 3,825,589 square feet of existing assets… Read more
VIDEO: Colliers’ Daniel Arends Says “But Lawyers Still Want Their Own Space”
Following up Connect CRE’s recent Q&A with Daniel Arends, the Chicago-based head of Colliers’ North American law advisory group, Connect… Read more