Chicago
Chicago-Area Investment Sales Rise 7% Y-O-Y But Lag Broader Recovery
With industrial deals leading the way, investors traded nearly $7.9 billion worth of Chicago-area commercial properties during the first eight… Read more
Alvarez & Marsal Backfills Fulton West with Three New Tenants
Alvarez & Marsal Property Investments (AMPI) has brought three new tenants to Fulton West, its 121,000-square-foot property at 1320 W. Fulton St. in… Read more
Circa-1880 Industrial Changes Owners in Pilsen
Cawley Chicago recently completed the sale of a 64,000-square foot industrial building at 1600 S. Laflin St. in the West Side’s Pilsen neighborhood. Terms… Read more
McHugh Launches Renovation of Bridgeport’s Ramova Theater
McHugh Construction launched the historic renovation of Chicago’s Ramova Theater, a 36,000-square-foot project that includes restoring the theater and building out adjacent space… Read more
Lendlease Adds Food & Beverage Concepts to Southbank Luxury Tower
Lendlease has signed two new retail leases at The Cooper, its 29-story luxury apartment high-rise at 720 S. Wells St. in Chicago’s Printers… Read more
Sharko/Weisenbeck Team Arranges 1031 Deal for Mixed-Use
Marcus & Millichap’s Sharko/Weisenbeck team closed the sale of a 17,896-square foot mixed-use property located on Chicago’s North Side. The… Read more
Out-of-State Buyer Snaps Up East Chatham Portfolio
Essex Realty Group has closed the sale of a four-property portfolio located at 7945 S. Drexel Ave., 7948 S. Ingleside… Read more
JLL Team Arranges Skokie Life Sciences Sale
JLL Capital Markets closed the sale and financing of 8045 and 8025 Lamon Ave., a two-building life sciences portfolio within The… Read more
Fifth Third, Enterprise Partner on Community Revitalization
Fifth Third Bank and Enterprise Community Partners launched a $180-million neighborhood program to accelerate revitalization in nine key majority-Black communities… Read more
CDOT, Metra Propose Fulton Market Station
The Chicago Department of Transportation and Metra have proposed adding a Metra station in the Fulton Market District, the Chicago Sun-Times reported. CDOT and… Read more
InCommercial Property Group Hires Portfolio Manager
Natalie Mondane has joined Chicago-based InCommercial Property Group as a portfolio manager. Prior to joining InCommercial, Mondane managed a disposition portfolio comprised of hundreds of locations nationwide for Walgreen Co., structuring portfolio-wide transactions,… Read more
Retail Anchored by Drive-Thru Starbucks Draws Widespread Interest
Marcus & Millichap closed the sale of a new construction, drive-thru Starbucks-anchored retail center in the Southwest Side’s Gage Park… Read more
Origin Investments Launches $350M Multifamily Credit Fund
Chicago-based private real estate manager Origin Investments has launched a $350-million Multifamily Credit Fund designed to give qualified purchasers a passive income stream. The fund’s low-risk… Read more
Willis Tower’s First Full-Service Restaurant Slated for 2022 Opening
Chicago’s Fifty/50 Group will debut the first full-service restaurant at EQ Office’s Willis Tower, currently undergoing a $500-million renovation. Kindling, a char-house… Read more
JK Equities Launches Closing at 1400 Monroe Condos
Closings have officially commenced at 1400 Monroe, JK Equities’ seven-story luxury condominium in Chicago’s West Loop, and new buyers can move… Read more
20-Unit Mixed-Use Listed for Sale in Chatham
Essex Realty Group, Inc. has been selected to exclusively market for sale 404 E. 79th SSt., a 20-unit mixed-use building located… Read more
New-Construction Self-Storage Trades in Posen
Colliers Chicago SVP Dan Lynch arranged the sale of Posen Storage, a 535-unit self-storage facility located at 14750 S. Western Ave. in… Read more
Chicago Office Recovery Hits Delta Speed Bump in Q3
The Chicago region’s office market hit a delta speed bump on the way to recovery in the third quarter, Newmark reported. Across… Read more
Urban Innovations Earns Well Health-Safety Rating for 12-Building Portfolio
Urban Innovations has earned the WELL Health-Safety Rating for its entire one-million-plus-square-foot commercial portfolio through the International WELL Building Institute (IWBI). The 12 buildings… Read more