Chicago
Oprah Favorite Bartesian Expands with Fulton Market Relocation
Cocktail machine manufacturer Bartesian, whose fans include Oprah Winfrey, is relocating its headquarters to 10,000 square feet at 452 N. Sangamon… Read more
Evergreen Adds 1,377 Apartments to Management Portfolio
Chicago-based Evergreen Real Estate Group said Tuesday it has been retained to manage multifamily communities comprising a total of 1,377 units across Illinois, Minnesota,… Read more
Clear Height JV Acquires Light Industrial Portfolio
A joint venture partnership between Oak Brook, IL-based Clear Height Properties and Buligo Capital Partners has acquired a 265,000 square-foot, five-building light industrial portfolio… Read more
Chicago’s Hotel Sector Lags U.S. in Recovery
Even as Chicago hotel owners last year got a desperately needed jolt of new business after 2020 devastated their bottom… Read more
Investcorp Grows U.S. Industrial Presence with $640M Deal
Bahrain-based Investcorp has acquired 64 industrial properties totaling approximately 5.6 million square feet across seven major US markets for an… Read more
Farmstead Launches Delivery in Chicago and Suburbs
Farmstead, an online grocer offering free delivery, said Monday that its service is now live in the city of Chicago… Read more
Northwestern Medicine to Establish Heart Hospital with Neil Bluhm Gift
Chicago philanthropist Neil G. Bluhm and the Bluhm Family Charitable Foundation have made a $45-million gift to establish the Northwestern… Read more
Venture One’s Roy Splansky Receives SIOR Chicago Presidents Award
The Chicago Chapter of SIOR recently presented the Richard G. Levy Presidents Award to Roy Splansky, principal of Venture One… Read more
Habitat Closes on Fulton River Development Site
Chicago-based The Habitat Company has closed on the acquisition of 344 N. Canal St. in Chicago’s Fulton River District, where… Read more
CMBS Delinquencies Rise in January, Driven by Office and Regional Malls
Fitch Ratings’ U.S. CMBS delinquency rate rose three basis points to 2.70% in January 2022 from 2.67% in December, driven by larger… Read more
Lightfoot Hints at Proposals to Keep Chicago Bears at Soldier Field
Mayor Lori Lightfoot hinted at a couple of pathways toward persuading the Chicago Bears to reconsider exiting Soldier Field and… Read more
TMG Real Estate Promotes VP Phillips to SVP
Chicago-based TMG Real Estate Advisors promoted Ryan Phillips to SVP. In this role, Phillips will continue to focus on servicing… Read more
Essex Realty’s Mond Sells Jackson Park Apartments for Second Time
Essex Realty Group recently facilitated the sale of 6720 S. Jeffery Blvd., an 81-unit apartment building located in the South… Read more
Illinois-Based Companies Partner on Sustainable Jet Fuel Plant
LanzaJet, a sustainable aviation fuel technology provider and producer, has entered into a memorandum of understanding with Marquis Sustainable Aviation… Read more
Global Property Pricing Gains Accelerate as 2021 Ends
2021 concluded with “an explosion of deal activity across the globe,” Real Capital Analytics reports. That in turn led to… Read more
Avant in Talks for 80K SF at Vornado’s theMART
Online consumer lender Avant is in advanced talks to lease around 80,000 square feet at Vornado Realty Trust’s theMART, Crain’s… Read more
Renovated Wrigleyville Multifamily Fetches $518K+ Per Unit
Essex Realty Group recently facilitated the sale of 1201 W. Addison St., a 12-unit multifamily property in the North Side’s… Read more
Millbrook Taps CushWake to Lease Office Campus in Northern Suburbs
Millbrook Properties selected Cushman & Wakefield to lease The Four Hundreds, a two-building, 286,000-square-foot Class A office development in Chicago’s… Read more
Stream Chicago Tapped to Lease 1K Fulton
Stream Realty Partners’ Chicago office has been awarded the leasing of 1K Fulton, a 531,200-square-foot, Class A high-rise in the… Read more