Chicago
Hernandez Breaks Ground on 119,00-sf Self Storage
Hernandez Development, LLC has broken ground on a 119,000-square-foot self-storage facility with drive-thru loading on US Route 30 in Oswego,… Read more
Multifamily ‘Casitas’ in Avondale, Ariz., Changes Hands
Newmark has announced a two-prong deal totaling $89 million in and around the Phoenix area: the $53 million sale and… Read more
Chicago’s Capri EGM in Major Lab Build-to-Suit Sale Leaseback Deal
Build-to-suit laboratory sale leaseback specialist Capri EGM has funded and acquired a newly constructed, state-of-the-art lab and R&D facility for National… Read more
Freestanding Restaurant Sells in West Suburban Chicago
Adelphia Properties has brokered the sale of a 14,000 square foot freestanding restaurant/sports bar retail building in Elmhurst, a suburb… Read more
Retail Lease Activity Picking Up in North Suburban Chicago, Glen Town Center Sees Flurry of Signings
Glen Town Center in Glenview, IL north of Chicago reports a substantial increase in lease activity, according to broker SVN… Read more
CBRE’s Atlanta Office Brokers Recap of $350M, 23-Property MOB Portfolio
CBRE in Atlanta has recapitalized a 12-state, 23-property, 1-million-square-foot medical office building portfolio in excess of $350 million in value.… Read more
Record 2021 Cross-Border Investments in U.S. Industrial Real Estate Assets, JLL Expects Continued Strong Foreign Interest
With more than $143 billion in transactions, investor demand in industrial assets in the U.S. soared to new heights in… Read more
Motorola Seeks to Downsize Downtown Chicago Lease as COVID-19 Lingers
Telecommunications equipment company Motorola Solutions is seeking to downsize its downtown office presence in Chicago by one-third, according to Crain’s… Read more
Northpond Partners Proposing $150M Mixed Use Redevelopment of Former Calhoun Square Property in Minneapolis
Mixed use and retail specialist Northpond Partners is seeking to redevelop a square block of Minneapolis’ Uptown neighborhood in a… Read more
Laramar Group Purchases 426-Unit Multifamily Community in Laurel
The Laramar Group has acquired The Crossings at Russett, a 426-unit multifamily community on Summit View Road in Laurel, MD.… Read more
Life Time Opens Within JDL’s Chicago Tower
Life Time has opened its new Chicago flagship and first-of-its-kind healthy lifestyle destination. Life Time River North at One Chicago… Read more
Omicron Surge Doesn’t Stifle Downtown Chicago Recovery
Downtown Chicago recovery is off to a strong start for 2022 with office occupancy and pedestrian counts rebounding from a… Read more
Evergreen Names Head of Market-Rate Acquisitions
Robert Person has joined Evergreen Real Estate Group as head of market-rate acquisitions. In the newly created position, Person will… Read more
Vestian Launches Higher Ed Practice
Vestian, a global commercial real estate firm, has formed a Higher Education & Public Institutions practice group. Headquartered in Chicago,… Read more
Murphy Commences Leasing at Luxury Skokie Project
Murphy Development Group’s luxury apartment development Highpoint at 8000 North in Skokie, IL kicked off leasing and first move-ins are… Read more
BOMA/Chicago Honors Excellence in Personnel, Buildings
The Building Owners and Managers Association of Chicago (BOMA/Chicago) announced the winners of the Gold Circle and “The Outstanding Building… Read more
Greenstone Arranges West Loop Sale to NY Investor
Greenstone Partners arranged the sale of a mixed‐use retail and office property at 1133 W. Randolph St. in West Loop… Read more
Citadel Seeks More Manhattan Office Space
Ken Griffin’s Citadel is looking for more office space in Manhattan to accommodate a growing roster of New York employees,… Read more
City Denies Permit for Controversial Metal Recycling Facility
The Chicago Department of Public Health (CDPH) has denied RMG/Southside Recycling’s permit application to operate a scrap metal recycling facility… Read more