Chicago
ESD Adds Two to Leadership Team
Chicago-based ESD (Environmental Systems Design, Inc.) has added two new members to its leadership team. David Weihing is the new… Read more
Avison Young Arranges Luft Balloons Lease at Long-Vacant Industrial
Avison Young negotiated a long-term lease of a 7,000 square-foot flexible space on behalf of Luft Balloons located at 2300 W Fullerton… Read more
Lightfoot Proposes $16.7B 2022 Budget, with No New Taxes
Mayor Lori Lightfoot on Monday presented her administration’s 2022 Budget Recommendations to the Chicago City Council. The proposed $16.7-billion “Recovery Budget” includes $1.9 billion in… Read more
Owner of Mag Mile Hotel Property Handing Keys to Lender
A venture of Cranston, RI-based real estate investor Procaccianti has an agreement to transfer the 345-key Hilton Chicago Magnificent Mile Suites… Read more
Kiser Group Arranges Rogers Park Sale to Becovic
Becovic, a Chicago-based multifamily owner and operator, has acquired 6758 N. Sheridan in Rogers Park for $9.8 million. The deal was brokered… Read more
Port District Names New Executive Director
The Illinois International Port District (IIPD) has named Erik Varela as its incoming executive director. Alongside IIPD’s board of directors, Varela will work to solidify… Read more
Lendlease Launches First For-Sale Residential at Southbank Development
Lendlease has broken ground on The Reed, a 41-story, 440-unit residential tower at 234 W. Polk St. in Chicago’s Printers Row neighborhood. The Reed… Read more
SVN | Chicago Brokers Fulton Market Land Parcel Sale
Scott Maesel and Drew Dillon of the Urban Real Estate Team of SVN | Chicago Commercial helped secure a 1.36-acre land parcel… Read more
Bridge Industrial Acquires Land for Mundelein Facility
Bridge Industrial has acquired a site in Mundelein, IL, which will serve as the future home of Bridge Point Mundelein – a 320,196-square foot, Class A… Read more
Cushman & Wakefield Commits to Reducing Greenhouse Gases Across Its Value Chain
Cushman & Wakefield on Thursday announced science-based targets to reduce greenhouse gas (GHG) emissions that are approved by the Science Based Targets initiative.… Read more
Avison Young Names Home Depot VP as U.S. President
Juan P. Bueno has joined Avison Young as principal and U.S. president. Bueno, who brings leadership of large-scale B2B business models to Avison Young, will… Read more
Becovic Adds More Rogers Park Apartments to Portfolio
Essex Realty Group recently facilitated the sale of 1649 W. Jonquil Terr. in the North Side’s Rogers Park neighborhood. This… Read more
Merchants Capital Provides Acquisition Loan on Woodlawn Multifamily
The Chicago office of Merchants Capital recently secured more than $26 million in financing for the acquisition of Island Terrace, an affordable apartment complex… Read more
Colliers Chicago Renews Commitment to Rosemont Offices
Colliers Chicago has signed a 34,012-square-foot, long-term lease extension at 6250 N. River Rd. in Rosemont, IL. The services firm has been… Read more
Law Firm Cooley Makes Move to 110 North Wacker
Cooley, an Am Law top 20 law firm based in Silicon Valley, has signed a new, 30,000-square-foot lease at Bank of… Read more
Aviation Maintenance School Ready to Cut Ribbon on McKinley Park Facility
A ribbon-cutting is slated for Sept. 15 at Aviation Institute of Maintenance’s (AIM) new campus in the South Side’s McKinley… Read more
Record-Setting River North Condo Deconversion Deal Nears the Finish Line
A developer’s record-setting deal to take over a 51-story condominium tower in River North has cleared a major hurdle, securing… Read more
Livly, Becovic Partner to Roll Out Digital Platform Across Apartment Portfolio
Livly, Inc., a technology company providing a unified operating system to multifamily residential properties, launched a new partnership with Becovic. The… Read more
Skender Completes South Chicago Senior Housing for POAH
Skender recently completed construction on Salud Center, a 101-unit, 140,000-square-foot senior residential building in South Chicago at 3039 E. 91st… Read more