Chicago
Greg Schementi Takes the Reins as Cresa President
Veteran real estate leader Greg Schementi has joined occupier-centric commercial real estate firm Cresa as president, based in Chicago. Schementi… Read more
Colliers’ Devine and Disse Broker Sale of Siemens Facility to Lightstone
Colliers’ Jeff Devine and Steve Disse represented a private investor in the sale of 990 and 1000 Deerfield Pkwy., a… Read more
Nominations Are Open for Connect CRE’s 2022 Women in Real Estate Awards
For the sixth consecutive year, Connect Commercial Real Estate will honor women whose talent, drive, leadership and fresh ideas have… Read more
CBRE’s Keely Polczynski Brokers Sale of Fulton Market Loft Offices
CBRE’s Keely Polczynski and Blake Johnson arranged the sale of 217 N Jefferson, a 58,803-square-foot boutique, brick-and-timber loft office building in Chicago’s… Read more
Westport Properties Enters Illinois Market with Two Self-Storage Buys
Westport Properties Inc. has acquired an 885-unit self-storage facility at 1516 N. Orleans A on Chicago’s North Side and a… Read more
Jonathan Rose Companies Adds Englewood Gardens to Chicago Affordable Portfolio
Jonathan Rose Companies has acquired Englewood Gardens, the 11th deal to close into the Rose Affordable Housing Preservation Fund V.… Read more
Habitat Company, P3 Markets Top Off at Bronzeville ETOD Project
Chicago Mayor Lori Lightfoot, Illinois Lt. Gov. Juliana Stratton, State Sen. Mattie Hunter and 3rd Ward Ald. Pat Dowell joined… Read more
Nik Bex Rejoins JLL in Valuation Advisory Group
JLL’s Valuation Advisory group hired Nik Bex as EVP in its Chicago office. He’ll focus on driving growth and building… Read more
Essex Realty’s Feo and Ofman Market West Ridge Multifamily
Essex Realty Group has listed 6118 N. Claremont Ave., a seven-unit multifamily property in Chicago’s West Ridge neighborhood, for $1,450,000.… Read more
ComEd Installs Off-Grid Streetlights at Two South Side Schools
ComEd has completed the installation of new renewable, off-grid streetlights at two Chicago Public Schools on Chicago’s South Side. Five… Read more
Clear Height, Harbert JV on Hillside Industrial Deal
A joint venture partnership between Oak Brook, IL-based Clear Height Properties and Harbert US Real Estate has purchased a 102,000-square-foot… Read more
Suburban Chicago Office Landlords Test the Current Sales Market
One nearly full suburban office building and another that’s mostly empty have gone up for sale, Crain’s Chicago Business reported.… Read more
Lendlease Tops Off on Latest South Loop Residential Tower
Lendlease has topped off The Reed, its 41-story, 440-residence community at 234 W. Polk St. in Chicago’s South Loop. The… Read more
Greenstone Brokers Deal for Timber Loft Offices in Lincoln Park
Greenstone Partners arranged the $6.7-million sale of a timber loft office building in Chicago’s Lincoln Park neighborhood. Managing partners Danny… Read more
Interra Realty Finalizes Park Manor Multifamily Sale
Interra Realty negotiated the $1.9-million sale of 7027-33 S. Indiana Ave., a 26-unit multifamily property in Chicago’s Park Manor neighborhood. The… Read more
Bar-S Leases Woodridge Warehouse as Midwest Hub
Bar-S, a Sigma brand, signed a 47,539-square-foot lease at Prologis’ 130,000-square-foot warehouse/distribution facility located at 2141 Internationale Pkwy. in Woodridge,… Read more
Google Will Acquire, Occupy Thompson Center in Chicago’s Loop
Google said Wednesday it would acquire and occupy the James R. Thompson Center in Chicago’s Loop for $105 million. The… Read more
Greenberg Traurig Adds Shareholder, Counsel to Chicago Real Estate Team
Greenberg Traurig has expanded its real estate law practice in Chicago with the addition of Jeffrey S. Rheeling as shareholder… Read more
DePaul/ULI Chicago Sentiment Report: Bearish on 2022, Optimistic on 2023
The sentiment among Chicago real estate professionals trends toward concern for the balance of 2022 but more optimistic for 2023… Read more