Chicago
TCC Rolls Out Private Lab Suites at Fulton Labs
Trammell Crow Company (TCC) has unveiled its Science Ready Lab Suites at Fulton Labs. These fully built out, move-in ready… Read more
Beachfront Apartments Trade in East Rogers Park
Essex Realty Group, Inc. recently facilitated the rare sale of a beachfront apartment building located at 1051 W. Pratt Blvd.… Read more
JV of Realterm and Missner Launches Addison Industrial Build
A joint venture between Realterm and The Missner Group has launched construction on its second project at 50 S. Fairbank… Read more
Inland Private Capital, Core Spaces Forge JV Around Student Housing
Inland Private Capital Corporation (IPC) and Core Spaces have formed a strategic joint venture targeting ground-up, and substantially complete, off… Read more
Chicago City Council Approves Casino… Next Stop: Illinois Gaming Board
Chicago’s full City Council has approved Mayor Lori Lightfoot’s selection of a Bally’s Corp. proposal for a casino to be… Read more
AmTrust Rolls Out Coworking Concept at 33 North Dearborn
AmTrust RE has unveiled AmTrust Office Suites (AOS), the firm’s elevated coworking concept at 33 North Dearborn, a 329,000-square-foot office… Read more
Fundamental Income Acquires Restaurant-Nightclub Tao Chicago
Fundamental Income, a Phoenix-based net lease real estate platform, has acquired Tao Chicago, a 34,000-square-foot restaurant and nightclub leased to… Read more
O’Hare, Midway Airports Expect High Volume of Fliers Over Memorial Day Weekend
Chicago’s airports—O’Hare International on the North Side and Midway International on the South Side—are expected to see more than 1.4… Read more
After Herculean Effort, Willis Tower is Finally Able to Show Off its $500M Facelift
EQ Office, a unit of private equity powerhouse Blackstone, has finally completed its $500-million-plus, street-to-sky transformation of Chicago’s Willis Tower,… Read more
ScalpTrade Relocates Headquarters to CIM Tower in Central Loop
CIM Group finalized a long-term lease with ScalpTrade, a proprietary trading firm and technology service provider, for 13,000 square feet… Read more
Colliers Chicago Markets 500 N. Michigan for Sale
A foreign investment group has retained Colliers Chicago’s Office Capital Markets team of Alissa Adler and John Homsher, CCIM, to… Read more
Bally’s Proposal for Chicago Casino Clears Key Hurdle with Committee Vote
The $1.7-billion Bally’s proposal to build a casino in Chicago’s River West neighborhood is set for a final vote in… Read more
Shedd Aquarium Launches Pilot ESG Investment Program
Shedd Aquarium, in partnership with Builders Initiative, is launching a sustainability-focused pilot ESG investment portfolio to fuel the aquarium’s endeavors toward… Read more
Dayton Street Hires Director of Asset Management
Adam Seyfarth has joined Dayton Street Partners (DSP) as its director of asset management, based in Chicago. He will be… Read more
Landmarks Illinois Loan Funds South Side Preservation Effort
Landmarks Illinois, the statewide historic preservation nonprofit, issued its first loan through its Reinvestment Program Loan Fund to the Greater Chatham Initiative (GCI)… Read more
Big Box Industrial Vacancy Reaches Record Low in Chicago Market
Chicago’s big box industrial vacancy rate continued to drop precipitously during the first quarter of 2022, declining by more than… Read more
Fitch: CMBS Defaults Leveled Off in 2021
U.S. CMBS loan defaults declined significantly in 2021 compared with 2020, as the resumption of economic activity supported a recovery… Read more
Almanac Realty to Take Passive, Minority Stake in Chicago’s Waterton
Chicago-based Waterton, a national real estate investor and operator, and Almanac Realty Investors, the private real estate investment arm of… Read more
Ground-Up Affordable Complex Opens in Logan Square
Mayor Lori Lightfoot and Ald. Carlos Ramirez-Rosa on Friday joined Bickerdike Redevelopment Corporation and other city and community leaders for the grand opening of… Read more