Chicago
Local Investor Trades Wrigleyville Apartments
Marcus & Millichap closed the sale of 3743 N. Clifton Ave., a 5,875-square-foot apartment property in the North Side’s Wrigleyville neighborhood. The asset sold for… Read more
Mars Wrigley Will Phase Out West Side Factory
Mars Wrigley plans to wind down operations at its 94-year-old chocolate plant on Chicago’s West Side over the next two… Read more
Westmount, Ares Fund Recapitalize 6M-SF Industrial Portfolio
Westmount Realty Capital is partnering with a fund managed by the Real Estate Group of Ares Management Corporation to recapitalize a… Read more
Taurus Completes $424M Recapitalization of 58-Building Industrial Portfolio
Boston, MA-based Taurus Investment Holdings, LLC, has completed the $423.5 million recapitalization of a 58-building industrial portfolio totaling 3,962,339 square… Read more
Nine-Hour Concrete Pour Precedes Going Vertical on 1000M Resi Project
McHugh Concrete has completed a nine-hour continuous concrete pour including nearly 4,000 cubic yards of concrete for the mat slab foundation… Read more
Alliant More Than Doubles Loan Trading Volume Year Over Year
Alliant Credit Union’s loan trading desk sold $268 million in commercial and consumer loan participations in 2021 in 25 transactions,… Read more
City-Owned Facility to Become Commercial Food Prep Hub
A former Chicago Streets and Sanitation facility in the South Side’s Grand Boulevard neighborhood will be transformed into a hub… Read more
Associated Bank Lends on Crystal Lake Manufactured Homes
Associated Bank completed a $36,840,000 loan to a partnership of Marc Realty and Ravinia Communities for the acquisition and expansion… Read more
Two Downtown Chicago Office Towers Near Sales at Discounted Prices
A pair of investors backed by foreign capital are poised to take over two prominent downtown Chicago office buildings in deals totaling nearly $400… Read more
Martin’s Famous Pastry Shoppe is Expanding in Texas
Martin’s Famous Pastry Shoppe Inc. is expanding distribution in Texas and preparing for its busy summer bun season. Martin’s distribution… Read more
Savills Arranges New HQ for Children’s Home & Aid
Savills advised on a new real estate strategy on behalf of Illinois’ leading child and family service agency, Children’s Home… Read more
Fluor JV Breaks Ground on Next Phase of CTA’s RPM Project
Fluor Corporation and its joint venture partner Walsh Construction Company broke ground Monday to rebuild and straighten a section of Chicago Transit Authority’s (CTA)… Read more
SIOR Chicago Awards 2022 Scholarships
The Chicago Chapter of the Society of Industrial and Office Realtors (SIOR) and the SIOR Foundation recently awarded its 2021 Len Caldeira… Read more
PCCP/KPR Venture Acquires Schaumburg Retail
A joint venture between PCCP, LLC and KPR Centers has acquired Schaumburg Corners, a 100% leased 160,301-square-foot shopping center located at 16-66… Read more
Chicago Industrial Has Best Year on Record
By all metrics, 2021 was the best year on record for Chicago’s industrial market, in many instances by a wide… Read more
Vornado Launches Makeover at theMART
Less than 10 years after Vornado Realty Trust’s theMART was crowned as the epicenter of Chicago’s tech scene, the historic Art Deco property… Read more
Logan Square Portfolio Garners $12M in Sales to Separate Buyers
Essex Realty Group recently facilitated the sale of a three-property apartment portfolio in the North Side’s Logan Square neighborhood. The offering included 68 units total: 15 units at… Read more
Buildout Acquires Apto Deal Management Platform
Buildout, a developer of property marketing automation software based in Chicago, has acquired Apto, a provider of CRM and deal management software for commercial real estate brokers.… Read more
ML Realty Acquires 1M-SF Chicagoland Portfolio
ML Realty Partners acquired a 1,020,561-square-foot industrial building portfolio plus 45 acres of industrial land sites throughout the Chicago metropolitan area.… Read more