Chicago
Chicago’s Christy Lockridge Appointed PGIM Real Estate’s First DEI Officer
PGIM Real Estate has appointed Christy Lockridge as the business’s first chief diversity, equity and inclusion (DEI) officer, based in… Read more
Crain’s: Chicago’s Northpond Sells Naperville Shopping Center
A Chicago-based investment partnership has sold a Naperville shopping center for a price in excess of $52 million, according to… Read more
Suburban Chicago Office Vacancies Decline for First Time Since Q1 2020
For the first time since the pandemic began, office vacancy in Chicago’s suburbs has decreased, reports Colliers’ Ronna Larsen. Overall… Read more
Avison Young Closes Deal for West Side Industrial Space
Avison Young negotiated the sale of 44,000 square feet of industrial space on behalf of the undisclosed seller at 3843-3847… Read more
Tony’s Fresh Market Grocery Chain Trades to Apollo
Private equity giant Apollo has acquired Tony’s Fresh Market, a mainstay of the Chicago region’s grocery sector. Established in 1979,… Read more
Hines Tops Off Salesforce Tower Chicago, Highlights the Sustainability of the New Tower
Global commercial real estate concern Hines says it has completed concrete core and steel structure for Salesforce Tower Chicago, the… Read more
Food Packager Will Build Facility on Chicago’s SW Side
Harvest Food Group will construct a food production facility in New City on Chicago’s Southwest Side. The $60-million food production… Read more
Mid-America Team Brokers Sale of Two Premier Malls in Chicago’s North Suburbs
Mid-America Real Estate Corporation’s Investment Sales team has brokered the sale of two premier shopping centers located in the Chicago… Read more
Promenade Bolingbrook Shopping Center in North Suburban Chicago Sold in Distressed Deal
In a transaction that likely set heavy losses for its owner and creditors, a venture backed by Chicago-based M&J Wilkow… Read more
CREW Chicago Panel Explores Cultural Shift Amid Great Resignation
CREW Chicago recently presented a panel discussion that explored the cultural shift experienced at all levels of commercial real estate in… Read more
Mars Wrigley to Build New Innovation Center on Goose Island
Mars said Thursday it would soon break ground on a new global research and development hub adjacent to the company’s… Read more
Chicago’s Logistics Tech Sector Positioned for Continued Growth
Chicago’s logistics tech industry—a component of the larger transportation, distribution and logistics (TD&L) sector—is showing formidable growth, World Business Chicago… Read more
SVN Chicago Commercial in $34M Sale of Fulton Market Property Portfolio
The Urban Team of SVN | Chicago Commercial has successfully secured the sale of a multimillion-dollar Fulton Market portfolio. The… Read more
Greenstone Partners Snag Three Prime North Side Listings in Lincoln Park and Lakeview
Greenstone Partners has three new investment sales listings located in Chicago’s prime Lincoln Park and Lakeview neighborhoods. The firm’s Managing… Read more
Aligned Completes First Phase of Hyperscale Data Center Campus
Aligned Data Centers has completed the first phase of its hyperscale data center campus in Northlake, IL. Aligned ORD-01, a… Read more
Kiser Group Markets Condo Deconversion in East Lakeview
Kiser Group has listed Harvard House Condominiums, a 94-unit property in the East Lakeview neighborhood of Chicago’s North Side. Listed… Read more
Colliers Team Sells 11-Building Portfolio to Link Logistics
(Updated with additional information) Colliers Chicago’s Jeff Devine, Steve Disse and Chris Volkert represented a global real estate investment advisor… Read more
Major New Mixed-Use Development Announced for Chicago’s Tony Streeterville Neighborhood
A co-development and joint venture between Mavrek Development, GW Properties, and Luxury Living Chicago Realty are teaming to build a… Read more
CBRE Data Show Continued Downtown Office Pain, Chicago Q1 Vacancy Hits Record 21.2%
Demand for Downtown Chicago office space continues growing, but CBRE says that with new supply hitting the market it has… Read more