Chicago
Ares Management Scoops Up Five-Market 1.5M-SF Portfolio
Molto Industrial Properties recently disposed of a 1.5 million-square-foot industrial portfolio located across five markets. A fund managed by a… Read more
Atlanta’s ShareMD Buys Three Healthcare Facilities for $46M
Alpharetta, GA-based ShareMD, a healthcare real estate and physician practice solution company, has closed escrow on three healthcare facilities for… Read more
Greenstone Closes Deal for Retail/Office in River North
Greenstone Partners completed the sale of 162 W. Hubbard St., an 18,840-square-foot, five-story retail/office property on the northeast corner of… Read more
Chicago Imposes Vaccine Requirement for Indoor Restaurants, Entertainment Venues
The Lightfoot administration on Tuesday said that patrons of indoor restaurants, gyms and indoor entertainment venues serving food and beverage to… Read more
Skender Tops Off Boutique Offices for Sterling Bay
Skender recently topped off at 345 N. Morgan, a 233,000-square-foot, 11-story ground-up boutique office and retail building from Sterling Bay.… Read more
Amazon Adding 450 Jobs and Second Office Lease in Downtown Chicago
As part of a series of announcements regarding expansion at its regional Tech Hubs, Amazon said Tuesday it would add… Read more
Ares Expands Industrial Footprint by 12M SF
Funds managed by Ares Management’s Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties… Read more
Newly Built 1100 West Fulton Trades for $42M
Cushman & Wakefield represented Fulton Street Cos. and Huizenga Capital Management in the $41.75- million sale of 1100 West Fulton to… Read more
Maternity Apparel Retailer Opens Concept Stores in Chicago, NYC
A Pea in the Pod, a designer and specialty retailer of luxe maternity apparel and accessories, is returning to brick-and-mortar retail by opening two new… Read more
Bridge Industrial Forges Development JV with CPP Investments
Chicago-based Bridge Industrial and Canada Pension Plan Investment Board (CPP Investments) said Monday they had formed a joint venture to… Read more
LifeSpice Ingredients Signs Office Lease with KBS in River North
KBS signed a 16,995-square-foot long-term lease with LifeSpice Ingredients at 213 W. Institute Pl. in downtown Chicago’s River North neighborhood. The seven-story, 155,385 square-foot office property is… Read more
Marcus & Millichap’s Stengle Finalizes Sale of Wrigleyville New Construction
Marcus & Millichap closed on the sale of The Erikson, a 36-unit apartment property located in the North Side’s Wrigleyville neighborhood. The undisclosed… Read more
ASC Places Permanent Loan for Alsip Multifamily
American Street Capital (ASC) secured an $11.45-million permanent loan for a 144-unit multifamily complex in Alsip, IL, approximately 24 miles… Read more
South Korean Hotel Chain Adds Chicago to Its U.S. Map
South Korea-based Lotte Hotels & Resorts has been revealed as the mystery buyer of the Kimpton Hotel Monaco Chicago in the Loop, Crain’s Chicago… Read more
Hines’ Salesforce Tower Chicago Earns Highest WiredScore Certification
Salesforce Tower Chicago, Hines’ 60-story, 1.2 million-square-foot office tower under development in Chicago, has achieved WiredScore Platinum certification, the highest-awarded mark that… Read more
Wicker Park Mixed-Use Changes Hands; Includes First U.S Taco Bell Cantina
Interra Realty brokered the $2.5-million sale of 1439 N. Milwaukee Ave., a mixed-use building with five apartments and approximately 2,000… Read more
Stream Realty Partners Adds VP of Industrial Brokerage in Chicago
Stream Realty Partners has hired Paige Gunn to serve as a VP of industrial brokerage in its Chicago office. Gunn joins… Read more
Loop Metrics Reach Highest Levels Since Pre-Pandemic
Office occupancy, pedestrian count, and CTA ridership in downtown Chicago all recently hit their highest-measured rates since the impact of the pandemic when… Read more
Marcus & Millichap Closes Old Town Apartment Deal
Marcus & Millichap closed the sale of 1510 N. Sedgwick St., a four-unit apartment property located on Chicago’s North Side. The asset sold… Read more