Chicago
Northmarq’s Brett Hood Arranges $200M Recap
Brett Hood, managing director at Northmarq’s Chicago debt/equity office, secured a $199,088,900 recapitalization of 17 multifamily properties in Iowa, Nebraska… Read more
BMO Opens U.S. Headquarters Tower in Chicago’s West Loop
BMO Financial Group cut the ribbon Friday on BMO Tower, its new U.S. headquarters. Developed by Riverside Investment & Development,… Read more
Yelp Shuttering Offices in NYC, Chicago and DC in Move to Remote Work
Online review company Yelp will shutter its “most consistently underutilized” offices in New York, Chicago and Washington, DC and downsize… Read more
Ventas Appoints Pamela Boneham as Senior Strategic Advisor to Investment Management Platform
Healthcare REIT Ventas, Inc. has appointed Pamela Boneham as a senior strategic advisor to its Ventas Investment Management (VIM) Platform. … Read more
Kiser Group’s Friedman and Parker Close Lakeview Deconversion Sale
Kiser Group director Andy Friedman and advisor Jake Parker closed on a $4.925-million deconversion sale in Chicago’s Lakeview neighborhood. The property at 815-817 W Addison… Read more
Ken Griffin Moving Citadel Headquarters to Miami
Ken Griffin, who heads Citadel, the Chicago-based hedge fund, told employees in a note Thursday he has moved his family… Read more
Hobbs Brook Real Estate Names Peter Gottlieb as President and CEO
Waltham, MA-based Hobbs Brook Real Estate, LLC, has appointed Peter Gottlieb as president and CEO to spearhead overall strategic initiatives.… Read more
Abbott Laboratories Chooses Willis Tower for First Downtown Chicago Offices
Abbott Laboratories has leased more than 100,000 square feet at EQ Office’s Willis Tower, reported Crain’s Chicago Business. The office reportedly… Read more
Stream Realty Promotes Patrick Russo to Partner
Stream Realty Partners has promoted Chicago-based executive managing director Patrick Russo to Partner. He’ll continue to oversee day-to-day activities at… Read more
Chicagoland Chamber Issues Call to Boost City’s Tech Sector
With Chicago’s tech sector growing at a considerably faster pace than its overall economy, the Chicagoland Chamber of Commerce has… Read more
Class A Apartment Rents Reach All-Time High in Downtown Chicago
The net rent at Class A Downtown Chicago apartment buildings hit an all-time high of $3.55 per square foot in… Read more
200-Key Hotel is Being Considered Along the Ogden Corridor in North Lawndale
The City of Chicago is working with commercial real estate developer Proxima Management to build a hotel in the West… Read more
Kiser Group Brokers Record-Setting South Side Portfolio Sales
Kiser Group’s Birk | Sklar Team recently closed the sales of two South Side portfolios totaling nine properties and more… Read more
Kellogg to Split into Three Companies, with Largest Based in Chicago
Kellogg Company said Tuesday that its board of directors has approved a plan to separate its North American cereal and… Read more
Private Investor Snags Wicker Park Orangetheory Location
Greenstone Partners arranged the sale of a single-tenant retail location in Chicago’s Wicker Park neighborhood. Senior director Brewster Hague brokered… Read more
Mixed-Use Trio Sells on Chicago’s West Side
Interra Realty brokered the $1.41-million off-market sale of a three-building, 18-unit mixed-use portfolio on Chicago’s West Side. The portfolio included… Read more
Chicago-Based JLL Team Arranges Financing for 17-State Industrial Service Portfolio
JLL Capital Markets arranged $61 million in acquisition financing for an industrial portfolio comprising nearly two-dozen last-mile, cross-dock truck terminals… Read more
Blue Cross Blue Shield Assn. Downsizes into Aon Center Space
The Blue Cross Blue Shield Association is moving its East Loop headquarters down the street and joining the growing group… Read more
Mars Wrigley Breaks Ground on Goose Island R&D Hub
Mars Wrigley broke ground on a global research and development hub adjacent to the company’s existing Global Innovation Center on Goose Island.… Read more